1885 Red LOOP, Lakeland, FL, 33801 | $430,000

Welcome to this spacious 2 Story home in Lakeland located within the Saddle Creek Preserve neighborhood. This meticulously newly built residence has generously sized rooms throughout, this home offers an abundance of space with 5 bedrooms, 2. 5 bathrooms, a versatile flex room/office, and a large loft, all nestled on a lot spanning nearly 0. 13 acres. The home features ceramic tile and carpet flooring throughout. When you enter through the main entrance, you will welcome with a versatile flex room sits off the foyer and a modern open-concept design brightens the kitchen, dining room and spacious family room. As soon as you walk out the back door, you will embrace a charming lake view with the fully fenced backward for the privacy. The sprawling owner’s suite enjoys privacy on the ground floor with a full-sized bathroom and walk-in closet, while the remaining four bedrooms and spacious loft are upstairs. Saddle Creek Preserve is a masterplan community offering collections of new single-family homes in the city of Lakeland, FL. Residents enjoy great private amenities including a family-friendly swimming pool. The city boasts unique boutiques and restaurants in Historic Downtown Lakeland as well as 38 lakes for scenic views of nature.

Features

  • Amenities: Pool
  • Rooms: 10
  • Bedrooms: 5
  • Baths: 2 full / 1 half
  • Laundry: Inside
  • Year Built: 2024
  • Garage: 2-car Covered, Driveway
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,896
  • Acreage: 0.13
  • Est. Taxes: $4,435
  • HOA Fee: $212 Annually
  • Elem. School: Lena Vista Elem
  • Middle School: Stambaugh Middle
  • High School: Tenoroc Senior
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Softener
  • MLS#: TB8327738
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/TB8327738/1885redloop_lakeland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 9:48:17 PM)
Listing courtesy of DALTON WADE INC   Phone: 888-668-8283

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1885 Red LOOP, Lakeland, FL, 33801

$430,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $344,000 $344,000 $344,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $370 $370 $370
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,318 $2,286 $2,901
Total Monthly Payment $2,763 $2,731 $3,346

* 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.