PRICE IMPROVEMENT - WELCOME TO YOUR OWN PRIVATE OASIS! A family compound sitting on just under "2" acres of secluded land. This property consists of "4" separate homes, (including the in-lawsuit). "Total square footage under air is 2600". The main home is almost 1200 sq. ft. , (not including loft space) has 3 bedrooms and 1 bath. Relax on your covered front porch, large side deck or your back patio. It is cooled and heated by 36, 000 BTU Mini split system and utilizes a tankless water heater, making the home energy efficient. The Duplex has its own separate address and electric meters and it's own septic tank. Both units consist of 1 bedroom, 1 bath and full kitchens. Each unit is approximately 500 sq. ft. with remarkable open concept layouts. The In-Law suite/man cave consists of about 400 sq. ft. with a full kitchen, full bath and marble flooring and title throughout. Other amenities: large playground, gazebo, 3 enclosed storage areas, large chicken coop, garden with water system, baring fruit trees, large concrete pad and more. this property is truly as MUST SEE. Mature and producing grape vines. A high performance whole house water filter system that has a bypass for easy filter change or if there isn't a need for use. System has the capacity to serve all units. Area projects already underway so far are North Lake Trail and a new development featuring a subdivision and commercial area 2 within miles. Tt's about the location and if you enjoy private lifestyle but close to necessary amenities like good schools within (3 minutes), supermarkets (5 to 10) minutes, nature reserves, parks, various small towns: Mt. Dora(20 minutes), Eustis (10 minutes) Villages (30 minutes), Alexandre Springs (10 minutes) and even Horseback riding (directly across the street). Then congratulations, you have found what you've been looking for! MOST FURNITURE IS INCLUDED. Recent 4-Point inspection will be given to Buyer with an accepted contract.
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Our Executive Mortgage Banker:
Our Insurance Division:
$509,000
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 | $407,200 | $407,200 | $407,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $121 | $121 | $121 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,709 | $2,706 | $3,491 |
Total Monthly Payment | $2,922 | $2,919 | $3,704 |
* 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.