Under contract-accepting backup offers. Spectacular Lakefront renovated home on **BIG SAND LAKE**! Complete with covered DOCK featuring boat lift and double jet ski lift! Ready for SKIING, TUBING, FISHING and hours of SUMMER FUN! Desirable Sand Lake Point subdivision in sought-after DR. PHILLIPS! NEW Tile Roof (2021), NEW AC (2021), NEW Laminate flooring, NEW outlets, NEW ceiling fans, all NEW electrical wiring, NEW inside paint (2021), Exterior painted (2020) NEW POOL EQUIPMENT (2024), Dock Painted (2022). Two of the three full baths have been completely RENOVATED (2021). The kitchen was remodeled in 2021 with a fabulously large center island and all NEW appliances! There is an outlet in garage for electric car. Disappearing sliding doors bring the outside in, opening from the family room to a beautiful waterfall flowing into the salt water pool complete with spa and fully screened. Brick pavers surround the pool and the KILLER SUMMER KITCHEN with custom, grill, beverage refrigerator, sink and stone counters! Unique crown molding throughout the home, custom window coverings in the primary bedroom and plantation shutters, california custom closets throughout all bedrooms and even in the kitchen pantry! Split bedroom plan with the 5th bedroom currently used as an office. Breathtaking lake views including Sea World nightly fireworks display! Close to all of Orlando's major attractions and roadways! Bonus is top rated schools!**BRING ALL OFFERS**
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,499,000
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 | $1,199,200 | $1,199,200 | $1,199,200 |
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 | $1,242 | $1,242 | $1,242 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,778 | $7,778 | $10,612 |
Total Monthly Payment | $9,145 | $9,145 | $11,979 |
* 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.