107 Palm TERRACE, Sanford, FL, 32771 | $360,000

Enjoy living in this prime location 1 block off SR 46 and minutes away from I-4! The property is secluded on a short inner city Cul de sac, yet close to everywhere! The St. John's River, Historic Downtown Sanford, Sanford Airport, Shopping Mall, Restaurants and Retail Store are all mere minutes away in this central location! This home is on a spacious . 72 acre lot with room to park your RV. The adjacent vacant lot is buildable, and a variance may be required. Buyers have the option to purchase both properties together, or separately. Enjoy quiet country style living with all the amenities of Metro Sanford. The adjacent . 27 acre buildable lot is also available for $60, 000.

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 180 x 175
  • Laundry: Inside
  • Style: Traditional
  • Year Built: 1960
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,430
  • Acreage: 0.72
  • Lot Size: 180 x 175
  • Est. Taxes: $1,045
  • Lot Desc: In County, Street Dead-End
  • View: Trees/Woods
  • Elem. School: Bentley Elementary
  • Middle School: Markham Woods Middle
  • High School: Seminole High
  • Pool: In Ground
  • Appliances: Range, Refrigerator
  • MLS#: O6245840
  • Days on Market: 45 days
  • Website: https://www.raveis.com
    /prop/O6245840/107palmterrace_sanford_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 10:17:09 PM)
Listing courtesy of PORZIG REALTY   Phone: 407-322-8678

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

107 Palm TERRACE, Sanford, FL, 32771

$360,000

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 $288,000 $288,000 $288,000
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 $87 $87 $87
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,989 $1,940 $2,450
Total Monthly Payment $2,151 $2,102 $2,612

* 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.