Under contract-accepting backup offers. BEST HOMESITE in the community, a 1/3 acre lot with no rear or side neighbors! Cherry Lake Landing provides a setting like no other in this price point with Chain of Lakes access via a beautiful community dock! Enjoy riding bikes and afternoon walks to the playground and meandering path through the cypress trees. This quaint 3 bedroom 2 bath home has been lovingly cared for and enjoyed by one family. When I asked what they loved about their darling home, they said “the backyard feels like you live on property, so peaceful and private…the sunsets are angelic”! They plan to gift the wooden play set to the new owners! This large fenced yard could accommodate a massive pool and still leave plenty of room to kick a soccer ball! Even the front yard beckons you to run and play! Stay cool and enjoy the views from the screened in front porch and open lanai. Inside the living space opens up with a sizable great room, dining and kitchen. The beautiful blue skies and green rolling hills can be seen through the sliding glass doors and thoughtfully placed windows. A foyer provides a nice buffer between the entrance and your morning coffee at the breakfast bar! Cabinetry is in a classic wood tone with granite countertops surrounding the stove and functioning island. A cute mudroom/drop station and laundry with extra storage leads to the 2 car garage. The interior has a neutral paint scheme that coordinates nicely with the laminate and luxury vinyl paint flooring. The primary bedroom overlooks the serene backyard with a private bath, ample closet space and just a good layout. The additional 2 bedrooms share a bath with a shower/tub and accessible linen closet. This move-in ready home is just 4 years young, so there’s nothing to worry about! You are less than 5 miles from “town” with Clermont’s Citrus Tower Publix, Historic Downtown, awesome restaurants, schools and top medical care just minutes away! Now a little about Groveland, named “The City with Natural Charm”. Known for its vast acres of ranch land, true country living and quaint neighborhoods with a low key, hometown feel. Located just minutes from Florida’s Turnpike with easy access to Winter Garden, Orlando and surrounding cities! Also located just off Hwy 19 is the public boat launch into Lake Lucy, the perfect lake to enjoy fireworks from Clermont, Groveland and Mascotte, not to mention the gorgeous unobstructed starry nights! No bright lights here, you can truly get away from the hustle and bustle of city life AND be close enough to all of life’s conveniences and resources! Fun Fact: Groveland was nationally recognized as a “Dark City”…meaning they are one of the top cities in America with low “light pollution” at night! Guessing Vegas is on the other list!!!
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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 | $288,000 | $288,000 | $288,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $415 | $415 | $415 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,750 | $1,750 | $2,276 |
Total Monthly Payment | $2,240 | $2,240 | $2,766 |
* 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.