Under contract-accepting backup offers. This charming 3 bedroom, 2 bathroom home is perfect for a first time home buyer or an investor looking to add to their portfolio. Perfectly priced including the benefits of: NEW PLUMBING 2024, NEW WATER HEATER 2024, ROOF REPLACED 2021 and AC REPLACED 2014. The AC is serviced twice a year and the last cleaning/service was August of 2024. The AC had 3 major components replaced in 2022 - Thermal expansion valve, filter drier and UV light. Gutters and french drain were put in Aug 2023. A true gem! This spacious home features a split floor plan, three well-appointed bedrooms, formal living/dining room, separate family room and a spacious kitchen. The master bedroom offers custom built walking closet and a spacious bathroom with separate shower and tub. Enjoy the Florida sunshine in the private backyard or relax in the large screened porch with no rear neighbors. The community offers waterfront amenities, including a huge Pool with Waterslide, Tennis & Basketball courts, Playground, Walking Trails and Lake viewing Deck. This home is located just south of Town Center Blvd and walking distance to Rated A - Endeavor Elementary School. Falcon Trace Community is located near Hunters Creek, Super Target, The Loop and Crosslands Shopping centers. Conveniently situated, the FL Turnpike and 417 are 3 min away, simplifying your daily commute and providing access to Orlando Int'l Airport, Lake Nona Medical City, Disney Parks & Downtown Orlando in a breeze. A rare find offering comfort and convenience!
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $319,920 | $319,920 | $319,920 |
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 | $71 | $71 | $71 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,155 | $2,126 | $2,698 |
Total Monthly Payment | $2,301 | $2,272 | $2,844 |
* 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.