HUGE PRICE DROP! Pool home, on an acre, listed well under appraised value, in sought after Wedgefield? Look no further! Jump on this rare opportuity as it won't last long at this price! A wonderful place for your family to call home with an A-rated pre-k through 8th grade school, community park with baseball diamond, v-ball and basketball courts, dog parks, picnic areas, Hal Scot Preserve and of course the golf course and clubhouse! Conveniently located near the Orlando International Airport, beaches, NASA, Port Canaveral, and theme parks. The main home has PAID-OFF solar panels, double paned windows with resin-coated hurricane fabric protection, lightning protection system and a generator for your safety. Stay cool with high grade insulation within the concrete block walls and attic. Other upgrades include NEW water heater, NEW pool pump, NEW whole house water treatment, NEW AC motor, NEW hardwood flooring in common areas and NEW vinyl flooring in bedrooms. Great multi-generational opportunity as garage was converted in 2020 into a mother-in-law suite with full bathroom, private entrance and a 16x40 EZ Portable Building permitted ADU for living space which is anchored down to a cement slab, insulated, with it's own electrical panel, kitchenette and mini split AC/Heater. *Preferred Lender offering Appraisal Credit* *Garage can easily be converted back for parking usage and ADU can be moved to a new location as well* *Wedgefield water issue with Pluris does NOT pertain to this home as the cost of well water is minimal and paid annually to Ranger Drainage*
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Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $251 | $251 | $251 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,730 | $3,638 | $4,593 |
Total Monthly Payment | $4,073 | $3,981 | $4,936 |
* 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.