This “better than new” 2023 Margate floorplan in Mount Dora’s Summerbrooke Community offers an impeccable, move-in-ready home with over $30, 000 in upgrades.
It’s graceful 3 bedroom, 2 bath design will be perfect for families or professionals wishing to create their dream home. As you move from the quaint front porch to the impressive foyer, you will find a spacious study or playroom with upgraded glass paneled French doors. Located near your garage entry door is a perfectly placed “drop zone” ideal for dropping school bags, organizing mail or kicking off your shoes. The open concept feel of this home continues as you enter your beautiful kitchen and dining area, both overlooking the family room where a sliding glass door opens to an extended 19’x 14’ screened lanai perfect for outdoor enjoyment. The 12"x24" tile flooring extends throughout the home (except for Bedrooms 2 and 3 which have carpet) giving the home a stylish, durable foundation. Your private master suite awaits complete with dual walk-in closets and a luxurious master bath.
When the home was constructed last year, the owner selected upgrades while adding another $27, 000 in improvements for Window Coverings, Laundry Room & Garage cabinets, Garage floor paint, gutters, light fixtures, and the custom-constructed screened Lanai.
Located 2 miles from Historic Downtown Mount Dora this community is close to shopping, restaurants, and major grocery stores providing easy access to everything you need. Mount Dora offers a vibrant community life with year-round festivals, nature parks, and waterfront activities. The new 429 on-ramp provides easy access to Orlando, amusement parks, and East Coast beaches.
Summerbrooke also offers great neighborhood amenities such as a community clubhouse with a pool, fitness center, basketball court, walking trails, and a dog park.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$455,000
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 | $364,000 | $364,000 | $364,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $475 | $475 | $475 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,422 | $2,419 | $3,070 |
Total Monthly Payment | $2,972 | $2,969 | $3,620 |
* 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.