Welcome to your dream home in the sought-after and centrally located gated community, Covington Cove! This stunning property sitting on over a half acre of land, boasts four very spacious bedrooms and four and one half baths. The kitchen showcases elegant granite countertops and solid wood cabinets. Also, featuring all stainless steel appliances, convection oven, two deep farmhouse style sinks and an undercounter ice maker built into the island. The bamboo wood flooring adds a touch of natural beauty throughout the home, which is enhanced by all of the natural light the home offers. Boasting exquisite double crown molding with recessed lighting that enhances the ambiance. The living room offers a wood burning fireplace with a beautiful shiplap accent wall and mantle for year-round enjoyment. Beautiful views of the pool, patio and backyard can be seen from the living room, dining room and kitchen. The outdoor area offers multiple options for your outdoor enjoyment. Stepping out of the french doors, the covered patio and brick pavers allow for ample space for outdoor entertainment. If you have the need for or just want peace of mind, the pool area is equipped with a removable safety fence that can be used when the pool needs to be fenced/screened off for safety. The pool is being run with chlorine but the system is equipped for salt water usage as well. The large backyard is fenced in by an upgraded vinyl privacy fence. A workshop with electricity and a garage style door allows for extra storage or multiple options for use. The home has two hot water heaters (one gas and one electric), a whole home water softener system and the irrigation system is run off of a deep water well, lowering the monthly cost for yard maintenance of lawn and vegetation. Both air conditioner units and roof were replaced in 2020. The location of this home is ideal being close to retail, grocery, banking, restaurants, medical and dental as well as the vibrant downtown district. Legoland is only a few miles away and with Winter Haven being centrally located between Orlando and Tampa it is in the heart of central Florida! Don't miss out on this opportunity to own this exceptional home!
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Our Executive Mortgage Banker:
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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 | $479,920 | $479,920 | $479,920 |
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 | $536 | $536 | $536 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,047 |
Total Monthly Payment | $3,821 | $3,818 | $4,675 |
* 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.