Discover this stunning 2, 285-square-foot block home with Volume Ceilings in The Highlands, packed with updates and ready for you! Key features include a new roof, vinyl flooring, and a spacious enclosed lanai with sliding windows, perfect for enjoying the Florida lifestyle. Recent upgrades ensure peace of mind, with windows installed in 2019, gutters added in 2018, a new sprinkler system in 2024, a hot water heater updated in 2024, and an HVAC system replaced in 2016. Nestled on a large private yard, this home offers both comfort and charm. Don’t miss this incredible opportunity in Leesburg, FL!
***A bit about the community - Highland Lakes is a gated 55+ community situated in Central Florida just south of Leesburg & offers residents the following amenities: Recreational Clubhouse with two swimming pools; indoor (heated) & outdoor, a softball field, an indoor arena with a stage for events, kitchen, billiard/ping pong rm. , 6 tennis courts (2 courts are lighted & 4 courts have a cushion surface), 8 lighted shuffle board courts, bocce ball courts, pickleball, 7 horseshoe pits, covered picnic pavilion with picnic tables & grills to barbeque, library, meeting/card room, exercise room/fitness, craft room, golf driving range, RV/boat storage is also included & has 260 spaces on a secured lot (fenced & lockable), a Craftsmen building/woodworking shop (homeowners can join the club for only $12 annually and use any/all tools available), there's also a Nature Trail within the community & seven lakes scattered throughout Highland Lakes; 4 are used by residents for fishing! Plus The RV Parking Facility provides over 260 spaces to park all types of RV’s and boats. Seventeen of the spaces are covered with an aluminum roof. If space is available, residents are also allowed to store utility trailers and passenger vehicles. Make your appointment to see this home today!
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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 | $248,000 | $248,000 | $248,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $157 | $157 | $157 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,609 | $1,588 | $2,059 |
Total Monthly Payment | $1,841 | $1,820 | $2,291 |
* 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.