Under contract-accepting backup offers. One or more photo(s) has been virtually staged. End of Year Deal >> Seller will pay $5, 000 toward the first year of buyers HOA fees and is offering a $5, 000 concession towards buyers closing costs with full ask offer<< This French Provincial townhome is nestled in the beautiful lakefront of Johns Lake. The 24 hour guard gated community of Magnolia Pointe is one of Clermonts most sought after communities. Enjoy maintenance-free living with this gem of a townhome. This beautiful 2 bedroom / 2 bath property with 2 car garage features a quaint outdoor deck from the primary bedroom and living room area. The deck was just resurfaced and ready for all your personal outdoor leisure and entertaining. This property also features a gorgeous wood burning fireplace, open floor plan, formal dining area, tray ceiling, and spacious living room. The kitchen comes fully equipped, accented with crown molding and 48inch cabinets. Within the 24hr Guard Gated Community you will find resort styled amenities that include tennis and basketball courts, tot lot and community pool with club house. Magnolia Pointe Residents can enjoy fishing from the pier or take their boat on Johns Lake from the boat dock and boat ramp that offers access to the Chain of Lakes. This townhome offers a vast array of activities to even a fitness center and billiard room which add to the best of the FL resort style living! It is conveniently located near major highways to theme parks or airport, shops, restaurants, and entertainment. AC, stove, refrigerator, and flooring were all just updated and brand new. Come Preview this Property, Fall in Love and Make It Yours!
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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 | $248,000 | $248,000 | $248,000 |
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 | $98 | $98 | $98 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,671 | $1,648 | $2,091 |
Total Monthly Payment | $1,844 | $1,821 | $2,264 |
* 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.