Welcome to your own peaceful sanctuary in Marion County. The Pool Home on over an acre of land that you've been waiting for. This oasis property is found in the community of Rainbow Springs Forest. Located off State Rd 40 with easy access to the Gulf of Mexico, Juliette Falls Golf Course next door, the Rainbow River and a quick commute to Ocala, Gainesville or Tampa. This property has 3 bedrooms plus large den / study, 2. 5 baths, nearly 2800 sq ft and a 3 car garage. Features two primary suites and two primary baths each with their own large custom walk in showers. Unique design would work very well for multi generation living, one on each side of the house. The recent beautiful addition of enclosed Sunroom with custom Jen Air summer kitchen is a perfect spot for entertaining. As well as the large eat in kitchen and formal dining room and family room. Other recent updates include: HVAC, pool pavers, pool acid wash, well pump, water heater, septic pumped and drainfield, plantation shutters, some engineered hardwood, replaced appliances and the electric panel is set up and ready for a generator. The backyard is private with mature landscaping and a pool for everyone to cool off in! There is an 8x10 shed for extra storage needs. Rainbow Springs Forest has a low HOA of $236 Annually and offers Community amenities including a fitness room, community pool, tennis, a private beach and ramp on Rainbow River and park.
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Our Executive Mortgage Banker:
Our Insurance Division:
$500,000
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 | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.429% | 6.149% | 5.152% |
Monthly Tax Payment | $268 | $268 | $268 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,398 | $2,396 | $3,137 |
Total Monthly Payment | $2,758 | $2,756 | $3,497 |
* 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.