Magnificent residence completed renovated with the finest and most elegant upgrades currently available, in the distinguished neighborhood of Bay Hill, where charm meets modern convenience.
This is an affluent community close to the theme parks of Universal and Disney Parks, and defined by its sophisticated residences and graceful surrounding golf courses. Bay Hill has a unique character, as it was developed in the early 80’s with a sense of community with unique charm, and each home is distinct from another, unlike cookie-cutter regular development, ensuring the allure of individually, large lots, and a sense of camaraderie, second to none.
What sets the area apart is the annual Arnold Palmer Invitational PGA Golf Tournament gracing the neighborhood each spring. The spirit of excitement and prestige permeates the air and brings the most famous, elegant players and visitors to the area, landscaped with lush gardens, beautiful greens and adding to the community’s allure.
A stretch of Restaurant Rows offers a wider range of cuisines to satisfy any cravings, and the nearby Mall at the Millenia for the most refined tastes. With easy access to the Orlando International Airport, and Downtown Orlando, this house combines convenience with elegance.
The house boasts spacious 4 bedroom, 3. 5 bathrooms in a cul-de-sac accentuated by lofty high ceilings, openness, and bright light. Custom designer upgrades in every room with the most up to date materials and refined final touches transformed this residence in the most distinguished one in the neighborhood. New roof with a life expectancy of another 20 years. The gigantic back sliding door opens up to a marvelous screened swimming pool, seamlessly integrating interior with the exterior area, and the recent upgrades on the AC, plumbing, will provide years of peace of mind. Don’t wait for the opportunity to call this gem your home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,278,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,022,400 | $1,022,400 | $1,022,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $420 | $420 | $420 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,631 | $6,631 | $9,047 |
Total Monthly Payment | $7,176 | $7,176 | $9,592 |
* 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.