Under contract-accepting backup offers. Your spectacular new home awaits in Traditions at Lake Ruby, an active 55+ community! This delightful Springfield model 2 BD/2 BA home offers a spacious open concept with split bedrooms and an enclosed patio—perfect for enjoying your morning coffee while overlooking the private backyard. The living room/dining room features two sets of sliding glass doors, one leading to the enclosed patio and the other to the side yard. The kitchen boasts wood cabinets, a pantry, and white appliances, while the dining room has a large pass-through window into the kitchen. The master suite is spacious, and the master bath features a single vanity, a tile shower with a glass door, and a walk-in closet. The additional bedroom and full bath with a tub are perfect for guests. This home also features ceramic tile, vaulted ceilings, a spacious living room, an indoor laundry area includes a washer and dryer, a large corner lot, an irrigation system, rain gutters, a paved brick driveway, and a 2-car garage. Recent updates include a roof (2022), AC (2023), and fresh exterior paint (2024). The HOA covers lawn service, garbage collection, including bush and tree trimming, exterior painting of the home (in the owner’s choice of color), cable and Internet. Traditions at Lake Ruby is a gated, maintenance-free 55+ community featuring clubhouses, planned community activities, and amenities such as a dock and boat ramp, heated outdoor swimming pool and spa, ballroom, billiards, meeting room, library, computer room, craft room, dog park, tennis courts, basketball court, bocce ball, shuffleboard, fitness center, aerobics studio, and so much more. The community is convenient to shopping, restaurants, hospitals, medical facilities, and Legoland.
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Our Executive Mortgage Banker:
Our Insurance Division:
$242,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $193,600 | $193,600 | $193,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $139 | $139 | $139 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,288 | $1,287 | $1,633 |
Total Monthly Payment | $1,502 | $1,501 | $1,847 |
* 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.