55+ Community. Welcome to this charming 2-bedroom, 2-bathroom property located in the heart of DeLand! This cozy condo features a single assigned parking space with space for guest parking. A bonus room waits for your creative touches, and a laundry room equipped with washer/dryer has small utility sink for your added convenience. This home is BLOCK built. The 2-ton AC system was replaced in 2023, and the roof was replaced in 2016, ensuring peace of mind for years to come. Exterior and Grounds Maintenance are included in monthly HOA/Condo fee as are water, sewer and trash pickup. The corner lot provides privacy and a peaceful atmosphere, while the covered rear porch allows you to enjoy the beautiful rear yard in comfort. The property comes equipped with central air, window treatments, a dishwasher, full refrigerator, microwave, and range/oven. Small pets (2) are welcome up to 35 lb. Located close to Downtown DeLand, you'll have easy access to a variety of restaurants, shops, and even the Museum of Art. Close I-4 access gets you to many central Florida highlights from Beaches to Theme destinations. Don't miss out on this fantastic opportunity to own a home or vacation property in this vibrant and growing small town!
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Our Executive Mortgage Banker:
Our Insurance Division:
$164,900
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 | $131,920 | $131,920 | $131,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $127 | $127 | $127 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $911 | $889 | $1,122 |
Total Monthly Payment | $1,113 | $1,091 | $1,324 |
* 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.