Cozy 3 bedroom, 2 bathroom home situated on 5. 3 acres. Built in 2021 and pristinely maintained, this home still feels and looks BRAND NEW! This home offers an open floor plan with the living room, dining room and kitchen naturally flowing together. The kitchen includes upper and lower cabinets for ample storage, a closet pantry, and breakfast bar for casual dining. Down the hallway you will find two nicely sized bedrooms and a sizeable master bedroom with an ensuite bathroom. Just off the dining room is the covered back porch, where you can enjoy your morning coffee while taking in the peaceful view of the back pasture. With over 5 acres, you have plenty of room to build a pool, install a playground and bring your farm animals, boats, RV’s or ATV’s. There is also a 26x30 metal 2 car garage that is perfect for a workshop or additional storage. The detached garage has its own entrance from the main road, so you don’t have to drive across the property to access it. The entire property is fenced, and the layout of the acreage allows for easy creation of multiple pastures to rotate animals or even add a riding arena. There are also various fruit trees on the property, including loquat, banana, orange, fig, mulberry and more! The seller can provide a property survey, building plans, all paperwork for the home and appliances, as well as pictures from start to finish of the home being built! This property is in a great location offering a country setting while still being only a few short miles from town. It’s just off State Road 60 for easy access to both of Florida’s coasts, minutes from Hwy 27 to take you North or South and minutes from downtown Lake Wales, shopping, groceries, doctors, the hospital, restaurants and more. Call today to schedule your private showing!
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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 | $308,000 | $308,000 | $308,000 |
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 | $205 | $205 | $205 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,049 | $2,047 | $2,597 |
Total Monthly Payment | $2,329 | $2,327 | $2,877 |
* 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.