Built in 1913, this idyllic home is surrounded by a literal white picket fence and flooded with natural light. This spacious 2-bedroom, 2-bathroom home has been beautifully maintained and updated with incredible original wide plank pine flooring in the kitchen, living room, and dining room. Kitchen was updated in 2017 as well as plumbing. All kitchen appliances are included. Exposed beams in the living area, and lofts on both ends of the home that can be completed and used as offices, playrooms, storage space or additional bedrooms. The upstairs landing between the lofts is truly unique as it gives the feel of a bridge spanning across the home and giving a view of anything happening downstairs. New flooring in bedrooms, bathrooms, and laundry room; washer and dryer included as well. One of the bathrooms was completely renovated in 2020 with a new shower and tile installed, the other bathroom still has the original clawfoot tub! Off the back entrance there is an amazing deck with plenty of room for barbeques, birthday parties, or other social gatherings with a beautiful vinyl fence surrounding the deck for privacy. The front screened-in porch allows an escape from mosquitoes where you can sit and watch ballgames at the field across the street or fireworks off Lake Wailes Lake. Additionally, there is a shed/workshop as well as a fully-furnished potential income producing detached cottage/guest house with a private sitting area out front. Beautiful landscaping throughout this property includes mature trees, lots of plants and a koi pond. Security system in place including video camera. Living room bar with stools are included with the house as well. Upstairs loft has been recently finished and loft and stairway recently carpeted. Front porch and stairway recently replaced. Tin roof was installed in 2008, new windows were installed in 2016, 5-ton A/C unit installed in 2017. This home is conveniently located in the heart of Lake Wales, only a block from Lake Wailes Lake, a close drive to downtown, Bok Tower Gardens and the hospital. Don’t miss out on this beautiful home because it won’t last long! Call to schedule a showing today!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $266,400 | $266,400 | $266,400 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $109 | $109 | $109 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,772 | $1,771 | $2,247 |
Total Monthly Payment | $1,956 | $1,955 | $2,431 |
* 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.