Under contract-accepting backup offers. NO HOA FEES OR RULES, SO BRING YOUR TOYS! SPACIOUS 3 or 4 BEDROOM, 2 BATH HOME, THE FAMILY/PLAY/MEDIA/HOME OFFICE ROOM COULD ALSO BE UTILIZED AS A 4TH BEDROOM. THE SCREEN ENCLOSED PORCH IS OVERLOOKING A LARGE PRIVACY FENCED REAR YARD. SOLID OAK HARDWOOD, WATERPROOF LUXURY VINYL PLANK AND CERAMIC TILE FLOORING, UPDATED KITCHEN CABINETS AND GRANITE COUNTERS TOPS. THIS HOME ALSO HAS BEEN REPLUMBED, THE HVAC SYSTEM IS APPROX. 3 YEARS AND A NEW ROOF APPROX. 6 YEARS AGO. LOCATED AT THE MAJOR CROSSROADS OF CENTRAL FLORIDA, RESTAURANTS NEARBY, QUICK EASY ACCESS TO SHOPPING, MEDICAL, PARKS AND QUAINT CENTRAL BUSINESS DISTRICT OF BEAUTIFUL LAKE WALES, FL. NOTE: 2024 RE tax is currently 0 due to owner being a non-profit entity refer to Polk PA for after sale estimate. Seller may need a little extra time for board of directors to respond to offers. TAKE A LOOK, OFFERS CONSIDERED!
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Our Executive Mortgage Banker:
Our Insurance Division:
$269,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $215,920 | $215,920 | $215,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,491 | $1,435 | $1,821 |
Total Monthly Payment | $1,566 | $1,510 | $1,896 |
* 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.