525 Louise DRIVE, Lakeland, FL, 33803 | $399,950

Seller willing to contribute up to $9, 000 towards a 2-1 Temporary Interest Rate Buydown with preferred lender! Location, location, location! This newly renovated home is located in Lakeland’s desirable Camphor Heights neighborhood, minutes from Lake Hollingsworth and Downtown Lakeland. The interior boasts a brand-new kitchen with stainless steel appliances, new cabinets, and stunning quartz countertops. The large living area features built-in bookcases and storage, and a large window providing lots of natural light in the space. Each bedroom has been updated with new ceiling fans and plush carpet, and each bathroom has been refreshed with brand new subway tile, flooring, and vanities with quartz countertops. This home also has a brand-new electric water heater. Outside, enjoy the convenience of a new roof (2024), the oversized, completely fenced-in backyard from the rear patio or deck. This space is perfect for grilling out, entertaining friends and family, and outdoor activities. There is also a covered front porch, providing space to enjoy the view of the beautifully landscaped front yard. Parking is ample at this property thanks to the 2-car attached garage and driveway. The garage also hosts a storage room and laundry space so you never have to step outside! Don’t miss your chance to see this centrally located, newly renovated Lakeland home!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: In Garage
  • Year Built: 1955
  • Garage: 2-car Split Garage
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,500
  • Acreage: 0.27
  • Est. Taxes: $3,888
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: L4946194
  • Days on Market: 126 days
  • Website: https://www.raveis.com
    /prop/L4946194/525louisedrive_lakeland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/22/2024 3:47:12 PM)
Listing courtesy of PORCHLIGHT HOMES LLC   Phone: 863-529-3369

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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525 Louise DRIVE, Lakeland, FL, 33803

$399,950

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $319,960 $319,960 $319,960
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $324 $324 $324
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,129 $2,127 $2,743
Total Monthly Payment $2,528 $2,526 $3,142

* 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.