Are you looking for a reasonably priced, clean and updated lock-and-leave attached villa that's comfortable, easy to maintain and in a central location in Ocala? Sound too good to be true? It's not, this villa is for you! This is a fabulous opportunity to own a wonderful and tastefully updated Villa in a convenient location with proximity to Central College of Florida, medical services, dining, shopping, entertainment, the World Equestrian Center (WEC), I75 & SW 200, public transportation, golf, and numerous recreational possibilities! This well priced villa has been recently updated with neutral carpeting in the bedrooms and bright fresh paint throughout the interior. The barrel tile roof was just replaced by the HOA in July 2023 with no outstanding assessments. This unit is ready and waiting for you with wood cabinetry and granite countertops throughout, stainless steel appliances, engineered wood flooring in living/dining areas, and heavy duty built-in wood closet organizers in every closet providing maximized ample storage! The much sought after large screened rear lanai provides outstanding additional space for an outdoor entertainment area with peaceful and private shaded views, accessed by sliding glass doors in each bedroom. The one car enclosed garage with electric remote garage door opener and handy laundry area provides sheltered parking, additional storage and/or a work area protected form the elements. The valuable double driveway provides an additional 2 off-street parking spaces. Paddock Villas' HOA currently covers exterior painting (rotating building schedule), exterior pest control, exterior landscape maintenance, and exterior only insurance. Owners are responsible for windows, doors, and contents insurance.
Buyers and/or Buyer's Agent to confirm room sizes and HOA coverage/responsibilities/rules/regulations/restrictions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$185,700
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 | $148,560 | $148,560 | $148,560 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $198 | $198 | $198 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,001 | $976 | $1,253 |
Total Monthly Payment | $1,274 | $1,249 | $1,526 |
* 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.