Under contract-accepting backup offers. Don’t miss this amazing opportunity to live in the heart of Downtown Tavares, America's Seaplane City! Built in 1910, this sweet 4-bedroom, 2-bath home with 1, 924 sqft AND a separate RENTABLE apartment welcomes you with its old Florida charm. Stepping inside the main house, you will be greeted by a cozy great room with beautiful hardwood flooring, space for both living and dining, and built-in shelving under the staircase. To the right of the entrance is an additional room that could be used as a home office, library, or formal living room. The kitchen opens to a breakfast nook for extra dining space. The primary bedroom is located downstairs and is connected to a secondary bedroom via a Jack and Jill bath. Two additional bedrooms, a full bath, and a bonus room that could be used for storage or hobby room are located upstairs. Enjoy some time outdoors relaxing on the screened patio or working in the garden or playing in the huge backyard. The apartment over the detached 2-car garage features a bedroom, full bath, kitchen, and its own screened patio. This property sits on nearly half an acre with NO HOA and backs into the City of Tavares’ Aesops Park, featuring tennis courts, a picnic area, playground, and a dog park. You’ll also love living in the golf cart district, minutes from all that Downtown Tavares has to offer, including great shopping, dining, events, and more. This home is just waiting for you to call it yours- schedule your private showing today! *NEW AC unit installed on main floor August 2024*
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$290,000
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 | $232,000 | $232,000 | $232,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | $225 | $225 | $225 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,447 | $1,410 | $964,733 |
Total Monthly Payment | $1,747 | $1,710 | $965,033 |
* 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.