VERY MOTIVATED SELLER AND HAS MADE A HUGE PRICE REDUCTION ON THIS ADORABLE 1920'S CRAFTSMAN STYLE HOME!! As you enter the home you will admire the beautiful newer flooring that is in the main part of the home. Also, a strikingly beautiful characteristic of the home is the arch between the kitchen and the living area! The main arch is in the center of two small arched nooks. For your cooking and dining needs you will enjoy the spacious eat-in kitchen. Conveniently located off the kitchen is the laundry room. Do not fret about not having a washer and dryer, the Seller is leaving theirs for you, the new owner! From the front to the back, the yard is surrounded by chain link fencing. You will appreciate the 10X14 Utility Shed that creates added storage space. The home is located near downtown Lake Wales, and is close to grocery shopping, restaurants and other shopping needs you may have. You will appreciate the easy access to Hwy 27 and Hwy 60 for convenient east/west or north/south travel outside of the city. Do not hesitate, call today for your private viewing of this charming home!!!
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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 | $132,000 | $132,000 | $132,000 |
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 | $190 | $190 | $190 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $889 | $877 | $1,113 |
Total Monthly Payment | $1,154 | $1,142 | $1,378 |
* 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.