Welcome to 2648 Magnolia Ave in one of Davenport's most desirable neighborhoods, and situated on a premier corner lot. This Cali floor plan by DR Horton is one of the most sought out designs; with 4 bedrooms & 2 bathrooms, in a three-way split layout. . . offering the most privacy possible in the way that this home was constructed. Starting with your first and second bedroom situated on the front right of the home, sharing their own full bathroom; with granite countertops, followed by your third bedroom on the far left of the home (making the perfect home office). Located in the far back of the home is your expansive primary bedroom with en-suite, offering dual vanities, a walk-in shower. . . . . and one massive closet
Timeless light colored gray ceramic tiles adorns the entryway, kitchen, both bathrooms and the living & family rooms. Your open concept kitchen, with granite counters and a walk-in pantry allows you to view the living room and family room, so that you can entertain while you prepare dinner, watch the children as you make lunches for the week, or even have a birds-eye view of the backyard. This backyard is surely not one to miss. Positioned on a PREMIER corner lot, this backyard is already FULLY FENCED in, and the sellers have even added an extra large gate so that you could store a small boat or any watercraft in private.
LOW HOA OF $145. 00 PER YEAR | MINUTES TO US 27, I-4 & POSNER PARK | 5 MINUTE DRIVE TO PUBLIX | EASILY ACCESSIBLE TO DISNEY WORLD PARKS & RESORTS IN 30 MINUTES & 45 MINUTES TO TAMPA
WHY WOULD YOU WAIT 8-10 MONTHS FOR A BUILDER TO BUILD YOU THE SAME HOME WHEN YOU CAN MOVE INTO THIS ONE IN 30 DAYS?
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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 | $279,920 | $279,920 | $279,920 |
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 | $210 | $210 | $210 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,862 | $1,860 | $2,400 |
Total Monthly Payment | $2,147 | $2,145 | $2,685 |
* 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.