Conveniently located in between Maitland and Altamonte Springs, 1000 Lake of The Woods is the perfect place to call home; and is ready for it's next owners. This particular condominium is located on the first floor, providing easy access inside and outside, and is the largest floor plan that is available in Ashwood, with 2 bedrooms, 2 full bathrooms and over 1, 000 square feet of living (not including your screened-in lanai).
An open concept floor plan welcomes you from the front door, and laminate flooring and ceramic tile adorn the entire condominium, so you won't need to replace one stitch of carpet. The expansive living room has more than sufficient space for entertaining and to accommodate the largest of furniture; while your kitchen is adjacent for easy access. Your first of two bedrooms is located in the front, and has it's own en-suite bathroom; fully equipped with a bathtub & shower combination. Down the hall, you'll find your second full bathroom; with it's own bathtub & shower combination as well, ideal for guests. The second bedroom is located in the back of the unit providing extra privacy.
Ashwood Condominium is a gated community and has its own onsite laundry, but these sellers have one step further for you, and have added a 240V outlet and a hot & cold plumbing line inside; so you can easily install your own personal washer and dryer inside now. Enjoy your early morning espressos on your screened-in lanai, and make this expansive outdoor space an extension of your living room.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $106,320 | $106,320 | $106,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $172 | $172 | $172 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $698 | $707 | $897 |
Total Monthly Payment | $945 | $954 | $1,144 |
* 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.