Located in the 55+ community of Del Webb Orlando, this popular Madrid model located on a large corner lot features 2 bedrooms plus a den and 2 bathrooms. You enter the home into a spacious living area with upgraded engineered hardwood floors, and a chair rail in the dining area. There are ceiling fans throughout the home. A beautiful feature is the enclosed, permitted Florida room with beautiful ceramic tile floors and hurricane windows and door adding to your living space square footage. The kitchen has granite countertops, a tiled backsplash and newer appliances. The master bedroom is in the rear of the home for ultimate privacy and features a large walk-in closet, a master bathroom that has a tub to soak all your worries away, and a separate shower. The guest bedroom and bathroom is located in the front of the home giving your guests their own space. The home is also equipped with surround sound. New A/C was installed this year. The $435 semi-annual HOA fee provides 24x7 staffed security gate and master association-owned private road maintenance. Adjacent to recently renovated 18-hole White Heron Golf Club. The $317 monthly Del Webb HOA fee includes lawn maintenance and exclusive access to resident-owned 30, 000+ SF Montecito clubhouse and amenities. DEL WEBB ORLANDO is a 55+ community with a tavern, indoor walking track, fitness center, indoor and outdoor pools and spas with locker rooms and showers, billiards, ping pong, craft room, and a ballroom for special events. Outdoor activities include pickleball, tennis, bocce, basketball, shuffleboard, community gardening center, an outdoor amphitheater, large brick fire pit and large screened-in gazebo over the water. Miles of biking and walking trails within Ridgewood Lakes gated community. Located conveniently to shopping at Posner Park (4 miles), Disney World, Universal Studios, Orlando & Central FL entertainment nearby. Easy access to I-4, medical facilities, airports & Sunrail Station. Advent Health hospital is 3 miles away. Some furniture is available to stay with the 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 | $272,000 | $272,000 | $272,000 |
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 | $196 | $196 | $196 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,879 | $1,833 | $2,314 |
Total Monthly Payment | $2,150 | $2,104 | $2,585 |
* 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.