MOTIVATED SELLER. Absolutely amazing 2 bedroom, 2 bath second floor condo in the community of Villas of Lake Arbor. This unit has been lovingly maintained and tastefully decorated to reflect a serene coastal lifestyle. You are a short stroll to the heated community pool and the fishing pier overlooking the breathtaking lake. This condo has a generous size eat in kitchen with a breakfast bar pass through window to the main living area. The large living room is complete with an area for your dining table and has vaulted ceilings. The owner’s suite has an attached full bath, large walk in closet and sliding glass doors that lead to the patio. The split floor plan has the second bedroom at the front of the condo with a full bath adjacent to it. The hall bath has been updated and has a jacuzzi tub to relax in after a long day. The screened lanai is the width of the condo and is an amazing addition to your living space. The roof and A/C were new in 2023 and the condo has bamboo wood floors throughout except in the wet areas. This condo can be sold completely furnished. You can also enjoy the picnic area and beautiful park-like space as well as the fishing pier that is located a few steps away from the condo. Enjoy the sunsets and fishing with friends and family overlooking the lake. This unit has an assigned covered carport and plenty of guest parking spaces. Extra storage closet located on the back porch. Please be aware that only 1 pet under 25 pounds is allowed in Villas of Lake Arbor.
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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 | $159,920 | $159,920 | $159,920 |
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 | $252 | $252 | $252 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,105 | $1,077 | $1,360 |
Total Monthly Payment | $1,432 | $1,404 | $1,687 |
* 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.