Welcome to 1901 Magnolia Ave, a charming, recently renovated, 2-bedroom, 1-bathroom, single-family home nestled on a double lot in the heart of Winter Park. Built in 1954, this home has been lovingly maintained featuring a newer roof (2023), new electric panels, a new water heater, fresh interior paint, a fully renovated bathroom and Florida Room, and more! The spacious double lot provides ample room to create your outdoor oasis, or you can rent the additional space as the current owner does to generate extra income. Located in Temple Terrace, this home is just a short drive from Winter Park’s vibrant downtown area, known for its boutique shops, fine dining, and cultural attractions. With easy access to major highways, visiting Downtown Orlando and the many amazing activities across Central Florida is a breeze. Between its location, double lot, and move-in-ready interior, this property offers you the opportunity to step into an inviting space, ready for years of memories.
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Our Executive Mortgage Banker:
Our Insurance Division:
$345,000
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 | $276,000 | $276,000 | $276,000 |
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 | $165 | $165 | $165 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,859 | $1,834 | $2,328 |
Total Monthly Payment | $2,099 | $2,074 | $2,568 |
* 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.