500 Newell Hill ROAD, #106A, Leesburg, FL, 34748 | $120,000

Like New! First Floor! Great find for primary home, investment or snowbird escape. Own a little piece of paradise in Florida in this comfy condo with no maintenance stress. This 2 bed, 2 full bath home has been meticulously renovated so you don't have to. As you enter you will find an open space that combines your dining with your living area. This is a large room with plenty of space for more furniture, TV and decor. Right next to the dining room is the kitchen equipped with all stainless steel appliances, new granite countertops and bright lights. Across the living space you will find both bedrooms. A large primary bedroom features a walk-in closet, dreamy ensuite bathroom with granite countertops, dual sinks, and elegant shower. Family & friends will be just as comfortable in the 2nd bedroom with spacious closet and a well appointed bathroom with tub. Entertain your guests with wine and cheese on your own private lanai or simply enjoy your morning coffee. All appliances including washer and dryer and window treatments are included with the sale. Condo has had fresh coat of paint, high efficiency LED lighting and ceramic tile throughout (no carpet). As part of the 55+ HOA community amenities and services included are: exterior and roof maintenance, pool, community center, lawn care, pest control, trash removal, basic cable, water and sewer. Let's talk location. The location makes this condo great for primary or rental as it is close to many points of interests. If you want to enjoy and explore Florida living then this is the spot. Go fish in one of the many the lakes in Lake County. Just next to you is Lake Griffin, the 8th largest lake in Fl, that gives you access to the chain of lakes. The Villages with all its dining, shopping and medical facilities are approx. 15 miles away. Close to you there are plenty of recreational parks like The Venetian Gardens and Pear Park. 50 min to Orlando and approx. 1. 5 hrs to either coast, East or West. Bring Offers; only Cash!

Features

  • Heating: Electric
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: LEESBURG CHESTERBROOK 02 CONDO PH 01
  • Year Built: 1979
  • Approx Sq. Feet: 1,134
  • Acreage: 0.03
  • Est. Taxes: $904
  • Condo Fee: $515 Monthly
  • Adult Communities: Yes
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: OM669347
  • Days on Market: 231 days
  • Website: https://www.raveis.com
    /prop/OM669347/500newellhillroad_leesburg_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 12/23/2024 8:02:07 AM)
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NMLS Mortgage Loan Originator ID 16953

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500 Newell Hill ROAD, #106A, Leesburg, FL, 34748

$120,000

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 $96,000 $96,000 $96,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $75 $75 $75
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $647 $638 $810
Total Monthly Payment $797 $788 $960

* 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.