One or more photo(s) has been virtually staged. Under Construction. NEWLY BUILT spacious 1 story home is placed on OVER 1 ACRE and wrapped by a private wooded lot in Pine Ridge. Ready in May of 2025, so you still have time to bring your personal touch. Entering the home you will fall in love with the high ceilings coupled with a huge open floor plan of a large kitchen, family room, and dining room all with views into your private wooded backyard. The kitchen features quartz countertops, an island with a breakfast bar that seats 4, subway tile backsplash, soft close cabinets with underlighting, and a LARGE walk-in pantry. This home has luxury waterproof vinyl flooring in all the common areas and upgraded grand 8 foot doors. The master bedroom has a large frameless glass shower and his/hers vanities with quartz countertops. Twirl around in your large 10 by 8 walk-in closet. The spacious oversized 2. 5 car garage leaves you plenty of space to store tools, equipment, and other personal items while still being able to park in the garage. Virtually no HOA fees of $95 a year and NO FLOOD INSURANCE in this quaint spacious pocket located high and dry with tons of privacy. This home is in the perfect private location for you if you are looking for a large upgraded one story new home with acreage and privacy. Another unique feature to where this home is placed is it is on a no outlet street. So the only cars passing by will be homeowners at the end of the street. The builder is offering a credit for closing costs if the Builder's Lender is used. Come see this beautiful home placed in a beautiful community today and why Spire Homes is one of the top builders in Central Florida today!
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William Raveis Real Estate
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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 | $396,000 | $396,000 | $396,000 |
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 | $44 | $44 | $44 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,601 | $2,601 | $3,315 |
Total Monthly Payment | $2,720 | $2,720 | $3,434 |
* 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.