EXPANDED (extra 660 SF) BOLERO model on a CORNER LOT in Rainbow lakes subdivision. **See the FULL LENGTH VIDEO on Tour Link 1. **Front of property faces LARGE POND. ROOF NEW in 2024. Main house HVAC new in 2015, Casita HVAC new in 2013. Tile ON THE DIAGONAL in main living areas w/ LAMINATE in Bedrooms, NO CARPET! UPGRADES INCLUDE: Double PANE, VINYL FRAMED Low E windows in main house. CROWN MOLDING throughout & whole house INTERCOM. Hand Painted MURALS in Foyer, Florida Room, Primary Suite & Casita. Front COURTYARD is GATED & SCREENED, has accent lighting and a WATERFALL FEATURE. Front Door has custom LEADED GLASS INSERT w/ matching side panels. Kitchen features UPGRADED CORIAN counters, 42" upper cabinets with CROWN MOLDING, PULL-OUT drawers in most lower cabinets, RECESSED, PENDANT UPPER & UNDER-CABINET lighting & TILE backsplash. Living Room has built-in cabinet. Florida Room has ARCHITECTURAL STONE accent wall, electric fireplace, wall-mounted TV and built-in cabinet. Primary Suite boasts a CUSTOM WALK-IN shower with SEAMLESS GLASS & Roman Jets & granite bench w/ Storage. GRANITE COUNTER, DUAL SINKS, CUSTOM CABINETS with a CENTER cabinet and appliance drawer, 2 WALK-IN closets with cabinets & SOLAR TUBES and a CUSTOM BIDET. 2nd Bathroom has Granite counters &custom shower curtain. Laundry Room has the PANTRY, wash basin and cabinets. CASITA has French Doors, Corian counter, built-in bar with refrigerator and a tub with shower. 600 SF EXTENDED & COVERED lanai has a CUSTOM CEDAR beam, an ARCHITECTURAL STONE post, a mini-split HVAC system & a wall mounted TV & surround sound. SEPARATE SCREENED PATIO for grilling. Two-Car Garage has CUSTOM FLOORING & 2 hanging storage racks that can be lowered. EXCLUDED from the sale are the Gladiator stand-up cabinet, hanging shelves, work bench & wall-mounted tracks. ***Solivita is an active adult 55+ community located in Kissimmee, Florida. It is approximately 50 minutes from Disney World & the Orlando International Airport. Solivita has a total of 5, 470 homes. Approximately 10, 000-11, 000 people live in Solivita during the winter while approximately 7, 500 live in Solivita during the summer. Enjoy your active years in this piece of paradise. Solivita's amenities include: a manicured SOFTBALL diamond & field - 36 holes of CHAMPIONSHIP GOLF that can be played by joining the Stonegate Golf Club or paying as you go - 2 STATE of the Art AMENITY centers w/ updated exercise equipment, yoga studio & meeting rooms - 3 restaurants - 14 HEATED POOLS - 17 PICKLEBALL courts - 9 TENNIS courts - 4 BOCCE BALL courts - 4 SHUFFLEBOARD courts - 3 HORSESHOE pits - a BILLIARDS room - miles of bike paths - 2 DOG PARKS (Small & Large Dogs) - Corn Hole - Tot Lot PLAYGROUND - COMMUNITY GARDEN - over 250 resident clubs. The HOA: * - maintains the LANDSCAPING & IRRIGATION systems in the common areas as well as at individual homesites - Maintains the roads throughout the community - PROVIDES SECURITY with gate guards and mobile patrols including the Polk County Sheriff - allows AUTOMATED GATE ACCESS for residents via license plate readers - provides residents with Fiber Optic Internet & TV service. *** Poinciana Lakes Plaza is a MAJOR NEW SHOPPING CENTER opening directly across from the Solivita Main Gate in Summer of 2024. It features Sprouts Grocery, TJ MAXX, Ross, Burlington, Rack Room Shoes, 5 Below, Ulta, Outback, First Watch, 5 Guys, Urgent Care, Dentist, TD Bank, Petco, Hair Cuttery plus MORE TO COME. ***
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $334,400 | $334,400 | $334,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $302 | $302 | $302 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,225 | $2,223 | $2,867 |
Total Monthly Payment | $2,602 | $2,600 | $3,244 |
* 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.