8416 Magnificent LANE, Groveland, FL, 34736 | $373,000

HUGE PRICE IMPROVEMENT!!! UNDER MARKET VALUE! Stunning 3 bedroom, 2 bath, 2 car garage townhome in Groveland - just minutes to downtown Clermont! This home shows like a model!! From the moment you pull up to this spacious 2 story home, you'll appreciate the extra parking lot across the street as well as the large cul de sac from added privacy at the end of this street. Walking up to the front door, you'll just love the covered courtyard beyond the gate, perfect for quiet mornings to enjoy your coffee and a good book! Right as you enter inside you're greeted with beautiful luxury vinyl floors, high ceilings and elegant crown molding throughout the main living areas downstairs. The kitchen boars of a large island with breakfast bar, perfect for entertaining! The warm tone cabinets go perfectly with the granite countertops and stainless steel appliances. The large window to the courtyard brings in lots of natural light. Across is the dining room with beautiful wood accents and extra lighting. There's even a hidden storage nook under the stairs if you look closely! The guest bath is perfectly decorated with modern finishes. The living room features a beautiful tray ceiling with added recessed lights, giving the room a very grand and elegant feel. The primary suite is just off the back of the home, featuring a tray ceiling with recessed lights and a double window overlooking the golf course that brings in tons of natural light. The ensuite bath features dual vanities with granite counters and upgraded accents on the mirror. The oversized tile shower with a bench is gorgeous with the glass enclosure and bronze fixtures. The enclosed water closet and large walk in closet help complete the room. Upstairs, you're greeted with high ceilings and a bright and airy loft that overlooks the golf course. There are two large secondary bedrooms with great sized closets. The shared hall bathroom features a beautiful tiled tub/shower and window. The vanity is also upgraded with granite counters and modern finishes. If you enjoy outdoor space, you can also enjoy cool evenings in the fully screened in lanai in the bath. You've got private views in the back with no rear neighbors! The best part is this townhome couldn't be more centrally located. Here you're just minutes from the Clermont border, with downtown Clermont just 5 minutes away! You'll be only 4 minutes away from the soon to be revitalized downtown Groveland!! It's truly one of the best spots to be in town! Call today for your own private tour!

Features

  • Amenities: Maintenance
  • Rooms: 12
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room
  • Style: Traditional
  • Year Built: 2017
  • Garage: 2-car Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,830
  • Acreage: 0.09
  • Est. Taxes: $4,113
  • HOA Fee: $225 Quarterly
  • View: Golf Course
  • Elem. School: Groveland Elem
  • Middle School: Gray Middle
  • High School: South Lake High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6243581
  • Days on Market: 80 days
  • Website: https://www.raveis.com
    /prop/O6243581/8416magnificentlane_groveland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/26/2024 8:47:08 PM)
Listing courtesy of REAL BROKER, LLC   Phone: 407-279-0038

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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
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8416 Magnificent LANE, Groveland, FL, 34736

$373,000

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 $298,400 $298,400 $298,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $343 $343 $343
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,061 $2,010 $2,538
Total Monthly Payment $2,479 $2,428 $2,956

* 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.