*Seller is motivated- Agents bring your buyers! Welcome to 1561 Lake Howard Dr, a piece of history nestled on an oversized corner lot with large fenced back yard in the heart of Winter Haven. The home sits along the picturesque Northern shores of Lake Howard, part of the "Chain of Lakes", and sought after community of Interlaken. The home offers an impressive 125 feet of LAKE FRONTAGE, ready for the addition of a custom boat dock to provide direct access for you to embrace the quintessential Winter Haven, Florida “Chain Life”.
This 1920 home offers 5 bedrooms and 2 ½ bathrooms in the main house, with several “bonus” rooms that could easily be used as additional bedrooms or office spaces. The original southern pine and oak floors were refinished to their original beauty in 2023. Some of the additional updated features include NEW WINDOWS in 2017, NEW ROOF in 2018, interior and exterior paint 2018. All of the major components have been addressed, providing you the historic charm with newer modern conveniences.
There is also a studio style guest room/apartment attached to the garage with a private bathroom and separate entrance with a screened in porch.
The home is located within close proximity to top-rated schools, fine dining and shopping in the charming downtown Winter Haven, as well as recreational amenities that surround the area. Don’t miss your chance to own a piece of Winter Haven’s storied past- schedule your private showing today and start enjoying your very own front porch sunsets.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $230 | $230 | $230 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,228 | $3,185 | $4,041 |
Total Monthly Payment | $3,550 | $3,507 | $4,363 |
* 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.