Beautiful Updated Home in Arbor Lakes 55+ Gated Community! Don’t miss this charming 3-bedroom, 2-bath home with a 2-car garage, located on a spacious corner lot on a quiet dead-end street in the popular Arbor Lakes gated, waterfront community. Featuring an open floor plan, this home includes a spacious eat-in kitchen, formal dining area, and an oversized screened-in back porch expanded in 2020. The master suite offers a roomy sitting area, access to the lanai, and a luxurious bath with dual sinks, a soaking tub, and a separate walk-in shower. Enjoy the convenience of an interior laundry room located just off the garage. Recent updates include a brand-new HVAC system installed in 2023, a new roof in 2021, brand-new luxury vinyl flooring throughout installed in 2023, and a freshly painted interior in 2022, making this home truly move-in ready! Arbor Lakes offers a vibrant and active lifestyle with an HOA fee of $515 quarterly, covering internet & cable, trash & recycling service, as well as access to the lake chain with a boat ramp, gazebo, fishing pier, solar-heated pool, shuffleboard, tennis courts, and a 7, 000 sq. ft. community center complete with a pool table, kitchen, library, exercise room, and more. The community also features street lights, sidewalks, storm drains, and underground utilities for added peace of mind. On-site storage rental is available for RVs, boats, and sheds. Enjoy the convenience of living close to Ocala, downtown Inverness, shopping, and the scenic 47-mile paved Withlacoochee State Trail, perfect for biking and walking. Live in a friendly neighborhood with endless amenities at your fingertips! Schedule your showing today to experience this beautiful home and sought-after community firsthand.
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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 | $252,000 | $252,000 | $252,000 |
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 | $295 | $295 | $295 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,698 | $1,675 | $2,125 |
Total Monthly Payment | $2,068 | $2,045 | $2,495 |
* 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.