One or more photo(s) has been virtually staged. Seller Financing Option Available! Newly Updated 2 Bed/2 Bath home situated on 91’ Corner Lot in 55+ Community Imperial Terrace - overlooks the lagoon leading to Harris Chain of Lakes! New laminate flooring and carpet throughout the home. COZY LIVING AREAS: Large Living Room and Dining Room with ‘lighted’ built-ins for a beautiful display of your favorite furnishings/collectibles. Updated Kitchen with Breakfast Bar, Countertops, and Stainless-Steel appliances. Lovely French doors lead to a Family Room/Den. The spacious master bedroom has an oversized walk-in Closet with an updated en-suite bathroom which includes a high-end tiled walk-in shower, tile flooring, higher height updated vanity and fixtures. A second bedroom with new carpet and an accessible Bathroom, perfect for guests! ADDITIONAL SPACE: Large workshop/storage room with window A/C unit (can be an extra bedroom w/out closet); Indoor laundry room with cabinets, shelves, and workspace for crafting-all under air. EXTERIOR PERKS: Epoxy Driveway plus Carport with 'extra' parking pad and golfcart parking pad; Front Screen Porch for relaxation, PLUS a view of Water / Lagoon! ADDITIONAL: Double pane tilt-in Windows; Gutters; Awnings; Ceiling Fans throughout the home. COMMUNITY: Imperial Terrace is one of the top 55+ waterfront communities in Lake County with a Low HOA Fee and great amenities - a newly refurbished saltwater Community Pool, Recreation buildings, Shuffleboard, Marina, Storage for RV/Boat, Boat launch/slips, PLUS, activities galore year ‘round! Located on the southern side of Highway 441, between Lake Harris and Eustis, and only minutes from the best Tavares and Mount Dora have to offer - including county offices, top medical facilities, shopping, dining, and everything fun in Lake County! Imperial Terrace is also prime-central to East Coast beach life and Orlando entertainment life, all within driving ease! This is a great place to live and a great opportunity to enjoy living the Florida lifestyle. Call to schedule your showing today!
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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 | $159,920 | $159,920 | $159,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $52 | $52 | $52 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,064 | $1,063 | $1,349 |
Total Monthly Payment | $1,191 | $1,190 | $1,476 |
* 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.