Lowest price in Wynnfield Lakes, one of Intracoastal West's newer neighborhoods with community amenities such as fitness center, clubhouse, (2) pools, tennis, pickleball, pavilion, green space and dog park with a low HOA. Owners hate to leave this spacious 3BR, 2BA Lennar full stucco open floor plan built in 2011. Eat-in kitchen with granite counters, large pantry, 42'' cabinets, newer stainless refrigerator and dishwasher. Owner's suite features a large walk in closet, double vanities, separate shower and garden tub. Lots of natural light, neutral colors, 18'' tile, knock down ceilings, 8ft doors, storm shutters, inside laundry room with washer, dryer and utility sink. Formal dining room (can be office), screened lanai, and white vinyl fenced backyard with room for pets or play. Conveniently located between Southside and the beach, close to Mayo Clinic, Mayport, UNF and Town Center. Recent inspection reports attached for buyer's use Benefits of Living in a CDD Community: Living in a community with a Community Development District (CDD) offers numerous benefits that enhance the quality of life for residents. A CDD is a special taxing district established to finance community infrastructure and services, leading to well-planned neighborhoods with a range of amenities and services. Here are the top 5 benefits of living in a community with a CDD: 1. Infrastructure and Amenities: One of the primary advantages of a CDD is the investment in infrastructure. CDDs often fund the development of roads, utilities, parks, and recreational facilities, which create attractive and functional living environments. Residents typically enjoy access to amenities such as swimming pools, clubhouses, playgrounds, and walking trails, fostering an active and engaging lifestyle. 2. Enhanced Property Values: Properties in CDD communities often maintain or increase in value due to the quality of infrastructure and amenities. Well-maintained neighborhoods in our area such as Wynnfield Lakes, Tamaya, and Seven Pines appeal to potential buyers, making CDD properties desirable. This can lead to better resale values compared to areas without such structured development. And probably the most notable of these CDD communities is Nocatee. 3. Community Management: CDDs are typically governed by a board of directors comprised of residents, ensuring that community interests are represented. This local governance promotes transparency and accountability in how funds are utilized for community services, maintenance, and improvements. Regular meetings provide opportunities for residents to voice concerns and contribute to decision-making. 4. Enhanced Quality of Life: The combination of amenities, community governance, and well-planned infrastructure contributes to a higher overall quality of life. Residents benefit from better access to recreational opportunities and a strong sense of community. Many CDDs also offer organized events and activities that foster community engagement and social interaction. 5. Financial Support for Services: CDDs can provide essential services such as landscaping and maintenance of common areas. This ensures that residents enjoy a well-maintained environment without the burden of managing these services independently. In conclusion, living in a CDD community offers a blend of well-planned infrastructure, enhanced property values, and a strong sense of community, all of which contribute to a fulfilling lifestyle. The organized management and investment in amenities create a desirable living environment that appeals to every type of home buyer.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $339,920 | $339,920 | $339,920 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $674 | $674 | $674 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,259 | $2,867 |
Total Monthly Payment | $3,011 | $3,008 | $3,616 |
* 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.