*Motivated Seller—No Closing Cost, No Problem. Seller-Paid Closing Cost! PLUS, you save a lot on energy bills with the Fully Paid Solar Panel. This property is also eligible for $0 USDA financing. This single-level stucco beauty has solar roof panels and a wonderful layout that can adapt to your lifestyle changes.
The home is located in sought-after Grand Island Reserve, a quiet subdivision nestled between Lake Yale & Lake Eustis in the heart of Central Florida’s famous chain of lakes.
Through the leaded-glass front door, you’ll find a versatile den (could become bedroom #5) and a formal dining room just off the foyer.
The kitchen is open to the living room at the rear of the floorplan and features granite countertops, stainless appliances, a pantry, a breakfast nook and a center island with seating for a crowd.
Just steps away, you can entertain friends or enjoy a quiet cup of coffee on the screened-in lanai. The backyard is fully fenced-in, with plenty of space for a playscape, pool and garden.
The corner primary bedroom includes a beautiful ensuite with a massive walk-in closet, dual sinks, a soaking tub and a separate shower.
Two guest rooms share a hallway bathroom on one side of the floorplan, with the isolated fourth bedroom and third full bathroom on the other side of the house.
The huge laundry/mudroom at the entrance of the attached garage offers enough room for a fridge and tons of storage space, too. Don't forget about the solar roof panels, which will keep your utility bills low, and the EV car charger, a bonus for electric vehicles!
Residents of Grand Island Reserve enjoy community amenities like a pool, playground, basketball court, walking trails, cable TV, and more.
You can be on the lake or golf course in just a few minutes, with numerous shopping & dining options along FL-19. Just 20 mins to historic Mt. Dora and less than an hour to the beach or all the theme parks!
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:
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Our Executive Mortgage Banker:
Our Insurance Division:
$419,000
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 | $335,200 | $335,200 | $335,200 |
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 | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $315 | $315 | $315 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,230 | $2,228 | $2,827 |
Total Monthly Payment | $2,620 | $2,618 | $3,217 |
* 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.