One or more photo(s) has been virtually staged. Under Construction. Stanley Martin builds new construction single-family homes in the Sorrento Pines community in Sorrento, Florida. While Lake County is home to over a thousand lakes, there are all kinds of outdoor activity options nearby! Sorrento Pines is located just minutes from Eagle Dunes Golf Club, Rock Springs Run State Park, Dream Horse Equestrian Center and countless parks and nature preserves. With just a short drive to Lake Dora and downtown Mount Dora, Sorrento Pines offers residents a convenient location near commuter routes like SR 46 and 429 for easy access to both work and entertainment. When you're not exploring all that the Sorrento area has to offer, enjoy on-site amenities like a pool, cabana and playground for the little ones.
With nearly 3000 square feet, the Chester floor plan has a spacious and inviting design for all buyers alike. The entry from the front and 2-car garage flows directly into the open kitchen, where you can gather to prepare meals and relax all together. Windows along the exterior wall lead to the outdoor patio and provide spectacular morning and evening light throughout the main living area. Tucked away in the front of the house are spaces for working and relaxing, both upstairs and downstairs. An additional fifth bedroom with full bath and loft area upstairs provides the extra space everyone needs. The second floor has a separate hallway with three bedrooms and a shared guest bath with a double vanity to help make mornings more efficient and the laundry room is located around the corner for convenience. A large master suite offers everything you need for privacy and convenience, including a double vanity and two walk-in closets. Your new home awaits you in beautiful Lake County! Contact us today to schedule an appointment!
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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 | $392,992 | $392,992 | $392,992 |
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 | $512 | $512 | $512 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,681 | $2,612 | $3,343 |
Total Monthly Payment | $3,268 | $3,199 | $3,930 |
* 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.