Welcome to Spring Meadows, a beautifully maintained community in the heart of Ormond Beach, super convenient to shopping, restaurants, and medical facilities, including a modern hospital just 2 minutes away. This is a Johnson Group home noted for above code construction and a reinforced safe room with metal door and dead bolt. Located on a quiet cul-de-sac, this open floor plan with 5 Bedrooms (three up and two down) is perfect for modern living and entertaining. The first-floor large master suite off of the great room opens to a solar-heated saltwater pool with built-in Jacuzzi. The great room, master suite, and pool, along with the second-floor balcony with picturesque views of the forest-lined pond creating a perfect backdrop for morning coffee or evening relaxation. The large, tiled Kitchen includes stainless appliances, natural light oak wood cabinets providing lots of cupboard space, Corian countertops, bar island, and a breakfast nook. Recent updates include a new roof in 2017, a water heater in 2024, and an AC unit in 2022, ensuring peace of mind for years to come. The HOA is just $400 a YEAR, contributing to the well-maintained common areas that make Spring Meadows such a desirable community. You’re just minutes from world-famous Daytona Beach and its many annual events including Bike Week, Jeep Week, and the many Nascar races. The space coast, Orlando, Jacksonville, and historic St. Augustine magnificent day trips.
Don't miss your chance to own this exceptional property. Schedule a showing today and see the best of Florida living.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$545,000
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 | $436,000 | $436,000 | $436,000 |
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 | $343 | $343 | $343 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,937 | $2,898 | $3,677 |
Total Monthly Payment | $3,372 | $3,333 | $4,112 |
* 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.