Motivated Seller / Move In Ready / Quick Close Available! 2nd Floor 2/2/Den Condominium with many Replacement Windows, 1-Car Garage and a North-West facing Screened Balcony overlooking White Heron Golf Club's driving range, located adjacent to The Gallery Condominium's private community pool. This is NOT an Age-Restricted Community. Updated eat-in kitchen has solid wood cabinets, granite countertops, ceramic & glass tile backsplash and stainless-steel appliances. Cathedral ceiling in great room with 12 FT peak, luxury vinyl plank flooring, newer ceiling fans, double-door access to den and wall of patio doors to an under-roof balcony with sliding Florida glass over screens above railing and Florida glass below railing. Golf course view from primary bedroom with LVP flooring, vaulted ceiling, private bath with linen closet and a 6x7 walk-in closet. Split bedroom design offers a cozy guest area with adjacent linen closet, full bath, laundry closet and private entry to den. 1st floor garage has insulated/reinforced door, opener with keypad entry and storage area under stairwell. Per Seller, HVAC was replaced by prior owner. Sold As-Is. Ridgewood Lakes is a golf cart friendly community. $1, 220 quarterly COA fee provides exterior maintenance including roof, exterior painting, lawn mowing, irrigation, shrub beds, exterior pest control and maintaining The Gallery's private roads and community pool. $435 semi-annual Ridgewood Lakes HOA fee provides 24x7 staffed security gate and master association-owned private road maintenance. 18-hole White Heron Golf Club with restaurant is privately owned and open to the public. Tennis and pickle ball courts, + miles of biking and walking trails are within the Ridgewood Lakes gated community. Shopping, Disney, Universal, Orlando & Central FL entertainment nearby, easy access to I-4, medical facilities, airports & Sunrail Station. Advent Health hospital is 3 miles away.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $174,000 | $174,000 | $174,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $161 | $161 | $161 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,172 | $1,156 | $1,467 |
Total Monthly Payment | $1,408 | $1,392 | $1,703 |
* 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.