This is a Great Home with 2 Bedrooms * 2 Baths * 9, 000 Sqft LOT * Located in the Heart of Lake Mary in one of the most Unique Hidden Gated Communities “The Forest" with all the amenities you could desire AND >>> LOW HOA DUES “ONLY $192. Mo. INCLUDES INTERNET & CABLE TV”! <<< YOU OWN YOUR LAND! CONVENTIONAL * VA * FHA Financing & Buyers keep in mind if Interest Rates lower Lenders will ReFi at no cost. There are no other homes in this Price Range in the Heart of Lake Mary with the RARE ASSET of owning YOUR LAND/LOT >>>> This Home sits on a 9, 000 sqft Private Lot on a Cement Slab, considered permanent as real property. *** Newer Roof 2017, New Plumbing *** Most Homes in this hidden 55+community have almost Tripled in Value in 4 years. You won't find a better location in such a relaxing community & golf cart, pet friendly. Start you day in this quaint & easy to maintain home enjoying your morning coffee or visiting with new friends in your bright Sunroom. Wood look laminate flooring thru out. Kitchen has New SS Refrigerator & Stove, ample storage, SS dishwasher & disposal for convenience. The Dining area comes with a built-in storage/display case & opens to a spacious family room with large bright windows. Main Bedroom has a large walk-in closet and private bath with walk-in shower. A comfortable Guest Bedroom also has a walk-in closet and a 2nd Large Full Bath with tub/shower. Carport & Driveway easily accommodates 3 cars. The large laundry/storage room has ample space for a workshop or craft storage. Club Amenities include not just 1, but 2 swimming pools & 1 heated, jacuzzi hot tub, tennis courts, pickleball, bocce ball, shuffleboard courts, card room, billiard tables, library, craft room, laundry facilities, security cameras, parking for RVs, boats, recreational vehicles. There’s so much to enjoy at the Forest Community Clubhouse offering a variety of activities and entertainment, pancake breakfast, potluck dinners, yearly socials, bingo, card games, etc. *** Only a few minutes or walking distance to a variety of restaurants, fast-food, shopping, Publix, Winn Dixie, Target, Specialty Stores for everything you need, including Public Transportation, Sun Rail Commuter Train Station only 1. 5 miles away. *** Only minutes to Hospitals, 2 Emergency Rooms, Doctor offices, post office & banks. *** Just North of The Forest is Seminole Towne Center Mall, just East Sanford-Orlando International Airport, 5 minutes to I-4 to Orlando & Disney Attractions, 10 minutes to 417/Greenway to Orlando International Airport, 30 min to Daytona and New Smyrna Beach. *** Don't miss your opportunity to own a Pre-Retirement or Retirement Home while prices are still low in one of the best little secrets in the heart of Lake Mary in this sought after 55+ Community *** 55 young & still working, this is a great time to buy and live in your future retirement home or as an investment.
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Our Executive Mortgage Banker:
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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 | $176,000 | $176,000 | $176,000 |
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 | $11 | $11 | $11 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,186 | $1,170 | $1,484 |
Total Monthly Payment | $1,272 | $1,256 | $1,570 |
* 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.