The Villas of Cedar Creek offers another exceptional property! CONCRETE BLOCK AND BUILT TO LAST! Come and take a look at this 2 bedroom/2 bath villa as it is a dream retirement or investment home. This villa sits on a pie shaped lot - the largest lot in the community with beautiful, pristine lush landscaping. Start your mornings sitting outside with your coffee and your evenings with your favorite cocktail in the large screened in lanai and take in the beautiful pond view with serene fountain and watch nature happen. You never know what you're going to see from day to day - it's spectacular! Step outside the lanai and the owners have created a great outdoor space with paver patio - set up your grill and outdoor seating and enjoy! Just at the pond you may want to place your own potted plants and garden critters making this outdoor space all your own.
Bring your vision and creativity inside as this space is wide open with luxury vinyl plank floors throughout. The kitchen has a pass-through window to the dining area, and offers a closet pantry, and there's room for 2 as you set your table in front of the window looking outside to the expansive front yard. The living and dining area is one large open space and in the awesome cooler months, open the sliding doors to extend to outdoor living. Inside the primary bedroom is quite spacious with sliders opening to the lanai, and offers a large walk in closet; the en-suite bathroom has a step in shower and dual vanities. The second bedroom has a Murphy bed system with built in cabinets, drawers and shelves and this room also has the walk in closet as well.
The roof is 7 yrs. young, the a/c and electric and plumbing are all in good shape with no immediate need for repairs or replacements. The neighborhood is beautifully maintained with the villa's having its own pool/clubhouse and a pavered patio area with a grill for the gatherings you may want to have with neighbors or family and friends. Cedar Creek is located just off University Parkway where you have absolutely everything within a 5-8 minute drive - and I mean everything; shopping and restaurants, doctors, banks, movie theatre, Benderson park with trails and crew racing - the list goes on. The Villas of Cedar Creek remain one of the most popular investments in a villa as they all have a 2 car garage, are pet friendly with no pet weight limit and low fees. The community has many ponds and mature landscaping - these homes are solid and have survived beautifully in every storm and hurricane! If you're looking to come to a "high and dry" location while you renovate, rebuild or just want to relocate, this is the place for you and at this price point, you can make it a beautiful home. Come and take a look!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,200 | $303,200 | $303,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $158 | $158 | $158 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,017 | $2,015 | $2,557 |
Total Monthly Payment | $2,250 | $2,248 | $2,790 |
* 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.