Under contract-accepting backup offers. Welcome to this charming 2-bedroom, 2-bathroom home in the sought-after 55+ community of Cherrywood Estates, located on the SW side of Ocala. Situated on a great corner lot, the home is surrounded by mature landscaping, adding to its curb appeal. The two bedroom, two bathroom abode offers a split floor plan, ensuring privacy and comfort. The spacious primary bedroom features an en suite bathroom with a walk-in shower and grab bars for added safety. It also boasts a generous walk-in closet for all your storage needs. The secondary bedroom is also large with dual built in closets. The laminate flooring throughout allows for easy upkeep.
The kitchen is a chef’s dream, equipped with stainless steel appliances, ample cabinets and countertop space, pantry and dine-in area. There is also a formal dining space. The enclosed lanai provides a relaxing space to enjoy your morning coffee, while the backyard offers an entertainer’s paradise with a patio, deck, and fire pit, perfect for gatherings. The fenced-in yard is ideal for pets! Irrigation is on a separate well which allows for a lower water bill. HVAC 2019. ROOF 2020. WATER HEATER 2023. The two car garage is equipped with garage screens to keep you comfortable while you work on projects in the garage workshop. Spend time enjoying the wide array of activities and amenities within the community (Exercise Room, Card Room, Pool, Spa, Tennis Courts & more). The HOA fee includes amenities as well as cable, internet and trash removal. Conveniently located near shopping, dining, medical and the renowned World Equestrian Center.
Don’t miss out on this amazing opportunity—schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$229,900
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 | $183,920 | $183,920 | $183,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $206 | $206 | $206 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,224 | $1,208 | $1,551 |
Total Monthly Payment | $1,505 | $1,489 | $1,832 |
* 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.