8495 LILLY LAKE Road, Melrose, FL, 32666 | $555,000

Welcome to Paradise! Bring your boat, jet skis, and fishing pole all while enjoying life on Lilly Lake, one of the area's few spring fed lakes. This spacious family home features an open kitchen, family gathering area, and a separate formal dining room. An enclosed sunroom with a wet bar has a stunning view of the lake and a perfect place to sip your morning coffee. The oversized Master Bedroom connects to a master bathroom with double sinks, shower, and separate tub plus a walk-in closet that you will not want to miss. There are two bedrooms on the other side of the home with a shared guest bath. Just off the kitchen is a laundry room and a 4th bedroom/craft room with a separate entrance. Most of the living space is on the main floor except for a bonus room which could be used as a den/office is downstairs with sliding glass doors leading to the back yard. A three-car garage is perfect for storing all your lake toys, leaving plenty of room for your vehicles and extra storage space. The home is being sold "As Is. " The seller will be replacing the hot water heater and garage roof prior to closing. Do not miss an opportunity to make this spacious custom-built lake home your primary residence or weekend getaway.

Features

  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Style: Traditional
  • Year Built: 1997
  • Garage: 3-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,826
  • Acreage: 0.66
  • Est. Taxes: $3,266
  • View: Lake
  • Water Front: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Water Softener Owned
  • MLS#: 2047614
  • Days on Market: 57 days
  • Website: https://www.raveis.com
    /prop/2047614/8495lillylakeroad_melrose_fl?source=qrflyer
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Listing courtesy of Hatch Realty Services

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8495 LILLY LAKE Road, Melrose, FL, 32666

$555,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $444,000 $444,000 $444,000
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 $272 $272 $272
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,029 $2,951 $3,777
Total Monthly Payment $3,393 $3,315 $4,141

* 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.