This Sweet Home is ready for its New Homeowners! Located in a quiet neighborhood close to Everything and only minutes from Downtown Tavares with No HOA. Built in 1999 this solid block home features 3 bedrooms, 2 bathrooms, a 1 car garage and has 1000 square feet. This beauty has been loved by only 1 owner and has been updated throughout the years. New Roof in 2021, new water heater in 2021 and a new HVAC system in 2020. Sitting on a beautiful lot with mature landscaping, a screened in lanai along with a lovely entertaining area all in the backyard. Newer vinyl floors throughout and all of the appliances stay to include the washer and dryer. Whether you are a first-time homebuyer or looking for another investment for your rental portfolio this home you do not want to miss out on. All information recorded in the MLS is intended to be accurate however, it should be independently verified by buyer and their agent. Be sure to watch the Virtual Tour! Current owner is NOT required to have flood insurance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $35 | $35 | $35 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,464 | $1,462 | $1,886 |
Total Monthly Payment | $1,574 | $1,572 | $1,996 |
* 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.