Incredible opportunity in the established neighborhood of The Manors at Lake Butler. Enjoy a peaceful drive through majestic oaks to your custom home on over half acre lot. Incredible curb appeal, long driveway for parking and massive back yard. Enter to elegant formal living and dining room with soaring ceilings, crown molding and Florida sunshine glistening off the wood floors. A timeless floor plan of predominantly 1 story living with a bonus room and 5th bedroom above the garage will check all your must haves. The heart of the home is the open kitchen with custom cabinetry, fully vented VIKING gas cooktop and island overlooking the family room with prefect views of your pool and back yard. The custom built ins and gas fireplace are the focal point of the family room. The owners suite is HUGE with tray ceiling and french doors leading to the covered lanai. The owners retreat covers all your needs. . . 2 walk in closets, his/her vanities, large jacuzzi jetted tub and large shower. the 3 way split floor plan gives everyone their own space and the 5th bedroom and bonus room above the garage has additional mini split ac unit too. You will truly benefit from the oversized side entry 2 car garage complete with additional 220 amp service, perfect if you have EV vehicles or like love wood working. Incredible back yard with SCREENED SALT WATER pool & spa. Massive back yard is an open canvas to put your personal touches on. Kinetico Filtration System on well is 3 years new (no water bills here !!!) , Roof is 2016, AC is 2015 and all duct work has recently been replaced in the home too. CONCRETE BLOCK CONSTRUCTION is a huge plus. Sought after K-12 school district, Windermere Elementary is directly next door to the community. A huge plus to owning this home is the DEEDED ACCESS to the Town of Windermere Chain of Lakes private boat ramps . . . plus the tennis courts next to community. The Manors at Lake Butler is an established neighborhood and very rare to have a home of this quality become available – Close to the 408, 429, Turnpike and a short drive to Winter Garden Village, Restaurant row, international drive, Sea World, Universal Studios and Disney. – 2 major hospitals within 5 miles and endless dining and shopping options in every direction. Golf Cart friendly & miles of sidewalks for getting exercise by walking or riding your bike . Access to Basketball, Tennis & Pickle Ball Courts. Do not forget the Friday morning Farmers market down the road. You will not find a better value in the entire zip code.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $514 | $514 | $514 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,540 | $4,482 | $6,146 |
Total Monthly Payment | $5,146 | $5,088 | $6,752 |
* 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.