A RARE GEM! METICULOUS Stunning 3-bedroom, 2-bath spacious home in the desirable 55+ Community of Lake Yale Estates where you OWN the HOME and the LOT! This community is on Lake Yale, allowing you access to fishing or boating. This home is partially furnished, it has a beautiful kitchen with an island and lots of cabinet storage, a closet pantry and a huge laundry room with sink, storage and hanging space. The master suite is spectacular with double sinks, a built-in vanity, and an oversized walk-in closet! The home has beautiful crown moulding, high baseboards, and luxury vinyl flooring everywhere except the bedrooms. With 3 large bedrooms and walk-in closets in each room there is plenty of storage space! This home features a screened in L-shaped patio that wraps around giving you over 400 sq ft of outdoor living for you to enjoy all year round! The roof was replaced is 2017, A/C in 2012, and double paned windows installed in 2016. This beautiful community is well maintained with wide streets, mature landscaping, heated swimming pool, hot tub, pool table, and shuffleboard courts and a fishing pier!
Your HOA dues include access to all the amenities, plus lawn maintenance, trash and RV/Boat storage.
Enjoy watching the sunset on the fishing dock or enjoy an evening by the community firepit down by the water.
Enjoy the Florida lifestyle within the community and the local year-round festivals in historic downtown Mount Dora, Tavares and Leesburg. With only an hour drive to Orlando and all the theme parks, or a short drive to the beach you can enjoy making memories with all your family.
You will not want to miss this incredible opportunity so call today for your private showing! Welcome HOME!!
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $196,000 | $196,000 | $196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $63 | $63 | $63 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,337 | $1,303 | $1,681 |
Total Monthly Payment | $1,474 | $1,440 | $1,818 |
* 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.