This end unit Expanded Montgomery model is perfect for anyone ready to enjoy an amazing Florida lifestyle in On Top of the World- Ocala's premier, gated 55+ community full of top-of-the-line amenities. A relaxing covered front porch welcomes you to the beautiful, move-in ready home with elegant plank tile flooring, a light and bright neutral color palette, and crown molding accents. The spacious Kitchen has been beautifully updated with stainless appliances, Quartz countertops, new lighting fixtures, and white cabinets with decorative molding and above-cabinet lighting. The Kitchen is open to a large Dining area and enclosed Florida room/Den allowing extra space for entertaining or relaxing with family and friends. The Owner's Suite offers more great space for relaxing, complete with a sitting area, walk-in closet, and a private en suite bath with a large vanity and step-in shower. More great extras include a golf cart that conveys, a good-sized guest room and guest bath, a two-car garage with a privacy screen and space for a workbench, and a desirable end unit setting overlooking quiet green space to the side. Not to mention that the monthly HOA fee includes basic cable, trash & recycling, water for irrigation, exterior maintenance including roof repair and painting, landscaping, and 24/7 staffed guard gates. Kick back and relax or get out and enjoy some activities as On Top of the World is Ocala's premier, gated 55+ community loaded with resort-style amenities, 3 golf courses, indoor/outdoor pools, activities, recreation centers, clubs, concerts, dedicated RV parking, Veterans Park, and even golf cart access to nearby shopping centers and Shalom Park. Conveniently located off Hwy 200, OTOW is near shopping, banks, restaurants, and medical facilities and is also located a short drive 10 miles south of the World Equestrian Center.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$244,900
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 | $195,920 | $195,920 | $195,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $105 | $105 | $105 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,353 | $1,320 | $1,667 |
Total Monthly Payment | $1,532 | $1,499 | $1,846 |
* 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.