Under contract-accepting backup offers. This lovely corner three-bedroom, two-bathroom home is in the very desirable Waterford Lakes community and has just undergone a complete 2024 RENOVATION! Seize this opportunity while you can-priced to sell! A new roof was installed in 2024, as well as completely new flooring, a new water heater, recessed lighting throughout, a new kitchen with cabinetry and a new microwave. New plumbing has been installed throughout the entire home, and the air conditioner has just been serviced and improved. This lovely one-story home is situated on a quiet cul-de-sac and would be an excellent choice for first-time buyers, downsizing couples, or investors seeking rental income. Waterford Elementary, Discovery Middle, and Timber Creek High are some of the best schools in the area. A two-car garage, a screened-in porch, an eat-in kitchen, and an open floor plan compose this home. Relax, host guests, or just take in the scenery as you sip your morning coffee. It seamlessly blends traditional charm with modern convenience. Swimming pool, fitness center, tennis courts, basketball, racquetball, sand volleyball, baseball, soccer, jogging track, outdoor paths, dog park, and many more fantastic community amenities! Ideally situated near major thoroughfares (408, 417, and 528), Orlando International Airport, University of Central Florida, Waterford Lakes Town Center Shopping Plaza, Siemens, Lockheed Martin, Research Park, The Quadrangle, golf course, restaurants, shops, and movie theaters all minutes away! The sale must be approved by probate court. Please allow up to 48 hours to review offers.
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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 | $310,400 | $310,400 | $310,400 |
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 | $252 | $252 | $252 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,091 | $2,063 | $2,618 |
Total Monthly Payment | $2,418 | $2,390 | $2,945 |
* 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.