Be prepared to be wowed by the luxury and grandeur of this gorgeous home in the desirable gated community, Ellingsworth! This two story, six bedroom, four bath Meritage Homes “Kerrville” model is a stunner with a fabulous family room/kitchen combo with dark wood cabinetry, granite counter tops, coffee bar, stainless steel appliances including a double oven, and a LG smart refrigerator, breakfast bar and breakfast nook! In addition to the refrigerator there are other smart home capabilities. The garage door, the front door, and the thermostat are “smart” and can be controlled with your phone. This Kerrville floor plan has on the lower level a formal dining room, living room, kitchen/family room combo, breakfast nook, large media room, bedroom, walk in closet and a full bathroom that leads to the back yard. The upper level has a huge loft area for entertaining including a wet bar! There are additional closets upstairs in the loft area with plenty of space for storage. The primary bedroom and bath are beautiful with a large separate shower and a garden tub, a toilet closet for privacy, separate vanities, and a HUGE 12x11 walk in closet! You want this closet! The bedrooms are large and all have walk in closets. The laundry room is located on the upper level and has upgraded appliances, a folding station, cabinetry and a sink. There is a large three car tandem garage that includes a mounted wet/dry vacuum system that vents outside and a water softener. The home was built with an in wall pest system that can be set up. The back yard is fenced in and has a lovely covered patio and plenty of space to build your dream pool! Oviedo has a charming downtown area but also has grown with fantastic shopping, restaurants, bars and Center Lake Park. It is only ten minutes from the University of Central Florida, a half hour from the airports and Wekiva Springs State Park and an hour to the beaches. Get ready to live your best life in Oviedo!
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $703,200 | $703,200 | $703,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
Monthly Tax Payment | $520 | $520 | $520 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,503 | $4,445 | $6,126 |
Total Monthly Payment | $5,115 | $5,057 | $6,738 |
* 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.