Look no further - this is your next home in this $500, 000 plus area! This former model home in the Summer Lakes community is immaculate and move in ready with an open floor plan that is entertainment ready. You will love living in this well appointed space with a great room for all of your family activities, spacious and open with soaring vaulted ceilings. The wood laminate floors are easily maintained and durable so living in this home is EASY. The kitchen is light filled and a great work space with tile counters and ample cabinetry. The owner has added a clever storage space under the window as well - great planning so that there is no wasted space! As an additional bonus, there is a Florida Room at the rear of the house which can be used as an office, study, playroom, crafting space or whatever you may need. The Florida room opens out to the large deck at the rear which overlooks the spacious yard and pond; the peace and serenity await you as you linger over lunch or dinner in this great space. The owners suite is at the rear of the home and enjoys the beautiful morning sunrise; a treat for the early riser but easily covered for those sleep in. The secondary bedrooms and bath are comfortable and adjacent to each other. Comfortable for young ones in the family. The laundry room is at the entrance to the air conditioned garage and can be used year round for activities or a great MAN CAVE when the weather is too hot or when it is rainy or cooler Florida weather. The garage is vaulted and includes great storage including a hoist for a boat and enclosed storage at the rear near the ceiling. The community includes tennis, beach volleyball and a area near the park at the lake front and a boat launch off of Lake Hiawassee. An easy drive to all that Orlando is known for, theme parks, downtown, beaches and more; you will never run out of things to do. This is a place to call home; your private haven in the heart of the city.
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$445,000
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 | $356,000 | $356,000 | $356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $304 | $304 | $304 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,429 | $2,366 | $3,028 |
Total Monthly Payment | $2,808 | $2,745 | $3,407 |
* 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.