Seller is offering 2500 credit towards closing cost. Welcome to this stunning turn-key 3-bedroom, 2-bath condo, located in the exclusive gated community of Palm Grove at the Preserve, Tara. This beautiful home boast over 1600 sq ft of living space and offers the ultimate in maintenance-free living with low fees. Step inside to discover an open-concept kitchen and living room, perfect for entertaining friends and family. The spacious living area extends to a large screened-in balcony, ideal for grilling or enjoying your morning coffee. Both the second and third bedrooms has convenient lanai access, providing a seamless blend of indoor and outdoor living. All living areas are located upstairs, and the 1-car garage is located on the first level offering plenty of storage. This condo is situated close to the community pool for easy access to relaxation and recreation.
Residents of Tara Preserve enjoy a host of amenities, including a community pool, tennis courts, golfing, and access to the clubhouse. Whether you're looking for a full-time residence or a vacation home, this condo is a perfect choice for luxury, maintenance-free living at its finest. Don't miss out on this incredible opportunity. The Preserve at Tara (aka The Preserve), on the southeast side, which wraps around a semiprivate golf course and more than 50 ponds. Schedule your showing today and experience the best of Tara at Palm Grove. Open to Offers!
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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 | $263,920 | $263,920 | $263,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $307 | $307 | $307 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,800 | $1,754 | $2,245 |
Total Monthly Payment | $2,181 | $2,135 | $2,626 |
* 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.