3037 Downan Point DRIVE, Land O Lakes, FL, 34638 | $485,000

NEVER LOST POWER DURING HURRICANE MILTON HOUE HAS BEEN INSPECTED AND NO DAMAGE. ALSO AVAILABLE FOR RENT INQUIRE FOR DETAILS. Welcome to this impeccably maintained home in the sought-after Ballantrae Community in Land O' Lakes. Boasting 5 bedrooms and 3 bathrooms, there's ample space for everyone. This move-in-ready M/I Oxford III model features FRESH interior paint, NEW ROOF, NEWER AC unit, WHOLE-HOUSE WATER FILTRATION SYSTEM, FULLY FENCED backyard, and NEW screens in the lanai. Upon entering, you're welcomed by separate living and dining rooms. The kitchen, with its abundant cabinetry and upgraded solid stone countertops, opens to the family room. The primary bedroom, located at the rear of the home, ensures privacy and is complemented by an ensuite bathroom and walk-in closet. Bedrooms two and three share a full bathroom, while the fourth bedroom is situated at the back of the house. The second floor offers a bonus/flex space, a full bathroom, and a spacious bedroom ideal for an in-law suite. The backyard features an oversized lanai and lush green space. Community amenities include an amenity center, community pool, tennis courts, basketball courts, beach volleyball, a playground, and high-speed internet/cable included in the HOA fees. A yearly rental would also be an option inquire for details.

Features

  • Amenities: Basketball Court, Cable TV, Clubhouse, Fence Restrictions, Lobby Key Required, Maintenance, Park, Pickleball Court(s), Playground, Pool, Tennis Court(s)
  • Rooms: 9
  • Bedrooms: 5
  • Baths: 3 full
  • Laundry: Inside
  • Year Built: 2005
  • Garage: 2-car
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,260
  • Acreage: 0.13
  • Est. Taxes: $4,116
  • HOA Fee: $170 Quarterly
  • Elem. School: Bexley Elementary School
  • Middle School: Charles S. Rushe Middle-PO
  • High School: Sunlake High School-PO
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener
  • MLS#: T3550880
  • Days on Market: 61 days
  • Website: https://www.raveis.com
    /prop/T3550880/3037downanpointdrive_landolakes_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 3:47:07 PM)
Listing courtesy of CHARLES RUTENBERG REALTY INC   Phone: 727-538-9200

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3037 Downan Point DRIVE, Land O Lakes, FL, 34638

$485,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $388,000 $388,000 $388,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $343 $343 $343
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,614 $2,579 $3,272
Total Monthly Payment $3,032 $2,997 $3,690

* 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.