Under contract-accepting backup offers. Price change for even a better deal. Why buy a villa when you can get into this Phase 1 Mattamy built home? This home is a gently used seasonal home with a Spinnaker Coastal floor plan. It has the desirable Coastal style that is in demand and reflects the bright open tropical features of the Coastal style. You can get more room as a single-family home on its own lot for just a bit more than a villa. This house is loaded with upgrades and extra features as well that will remain with the house. The upgrades begin with the front door with a smartly styled hurricane impact resistant glass door and side light and retractable screen for the cool winter breezes. There are newer upgraded carpets in all the bedrooms and a custom primary walk in closet, mechanical upgrades include Remi Halo UV light system installed in the HVAC air handler to control mold in the system, a reverse osmosis water filtration system for the kitchen and a whole house filtering system. The electrical circuits have a whole house electric power surge protection system installed and a whole house emergency electric generator for back up when there are power failures. There is an upgraded electric water heater for the upgraded washer and dryer that will remain with the house. In the kitchen there is a newer upgraded refrigerator that is also included. The two-car garage has an epoxy sealed floor and an easily accessed overhead storage shelf. There is also a drop-down stair for access to the attic space over the garage for additional storage. I can't fail to mention the extended Lanai with mature landscaping in the back for great and private entertaining. There is room for a pool if that is in your future plans. If the buyer is interested in the furniture and furnishings, the seller has offered to make any or all items available as a separate transaction, otherwise there is well over $10, 000 in extras and upgrades offered that are not available with new construction homes. Renaissance has one of the lowest HOA fees in Wellen Park, and with the new HOA reform laws effective 7/1/2024, there will be no big spikes in the fees for 2025. Beginning in July, the residents will be taking over the HOA. Great deal here, don't miss out on this one!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $391,920 | $391,920 | $391,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $496 | $496 | $496 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,607 | $2,605 | $3,305 |
Total Monthly Payment | $3,178 | $3,176 | $3,876 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.