Santa isn’t the only one with a workshop… You could be too! Bring your RV, boat, and all your toys to this move-in ready home with a detached 40 X 20 Workshop Garage, located on ONE ACRE in the quiet Royal Trails community. TOUR THE HOUSE WITH THE VIRTUAL TOUR and VIDEO WALK THRU LINKS. With a charming front porch welcoming you, quiet living on comfortable rocking chairs is the lifestyle you’ll find here. Step inside to an inviting great room floorplan that is the perfect environment for entertaining, with spaces for living, dining, and cooking seamlessly connecting and leading to a covered back patio overlooking tall pine trees in the back of your lot, with a cleared area perfect for your future gazebo or pool. The spacious kitchen boasts elegant quartz countertops, 42” cabinets, tile backsplash, and corner closet pantry. Retreat to the primary suite where dual vanities, an oversized contemporary tile shower, and a spacious walk-in closet await. Across the house, two other large bedrooms and a full bathroom are found. The house sports a large laundry room with cabinetry and a utility sink. The house is only a year old, so your roof, AC, and water heater are like-new, as well as great insulation and energy efficient windows! The current owner has added on a large RV-size garage, 50 amp breaker hook-up on the side of the house, a house water softening system, outside lighting, and cleared some of the backyard space to enjoy the tranquility of outdoor gatherings, gardening, or simply relaxing in the Florida sunshine. The low annual fee of the Royal Trails community association provides deeded private access to Lake Norris, a picturesque freshwater lake known for its crystal-clear waters and excellent fishing opportunities, providing residents exclusive rights to indulge in a variety of water activities, including boating, kayaking, paddleboarding, and endless opportunities for outdoor recreation and relaxation. With the vibrant downtown areas of Tavares, Mount Dora, and Eustis close by, each offers unique shopping and dining experiences. Now is the time for you to enjoy country living in Central Florida!
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $64 | $64 | $64 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,622 | $2,622 | $3,342 |
Total Monthly Payment | $2,761 | $2,761 | $3,481 |
* 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.