Welcome to this expansive 1996-built estate in Spring Hill, FL, offering over 4, 236 sqft of living space, a unique layout, and endless opportunities. This one-of-a-kind property features a spacious primary residence with 5 bedrooms, 2. 5 baths, and an attached 2-car garage, along with a fully separate guest wing. The guest wing includes 2 bedrooms, 1. 5 baths, its own 1-car garage, private entrance, dedicated HVAC unit, water heater, septic system, and laundry area, making it ideal for multigenerational living, rental income, potential business space, or many other potential uses. Sitting on over an acre of land with fully fenced front and rear yards, this property is perfect for outdoor enjoyment and entertaining. The backyard boasts a solar-heated 30x15 pool, a covered outdoor wet bar and grilling area complete with fans and a TV. The backyard also hosts a garden with electricity hookup, and a detached 20x20 2-car garage with power. Inside, the main residence is beautifully appointed with granite countertops, stainless steel appliances, including a brand-new 2024 range and 2023 refrigerator, and a cozy propane fireplace. Recent updates include a 2017 roof, two 2018 HVAC units, and a fresh exterior paint job completed two years ago. The home also features a 6-month-old water softener, outdoor security cameras, and app-controlled Soffit lights that can be customized with multicolor options for any occasion. This property’s unique design allows it to easily function as two completely separate residences if desired, providing incredible flexibility and opportunity. Home had stabilizing foundations installed due to cracks from potential soil movement in 2007, Home was reinspected in 2016 and 63 underpins piers were installed for further preventative maintenance, No visible evidence of new or continued settling were observed at that time. With no HOA restrictions, the possibilities are endless for this expansive and versatile home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$800,000
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 | $640,000 | $640,000 | $640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $525 | $525 | $525 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,258 | $4,254 | $5,488 |
Total Monthly Payment | $4,875 | $4,871 | $6,105 |
* 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.