A home like a paradise by design and meticulous care and oversight located in the Lakes of Mount Dora, a 55+ gated community on the edge of the lake itself. Relax in the family room with oversized sliding doors or on the back Lanai, viewing the lake and the island with fish and fowl, all in serenity and peace. A fastidious kept home bright with splendor and beams of light bursting through windows ready to lift spirit and enhancing the open concept outlined with the Brazilian dark cherry wood floors and restful decor. With the split design creating privacy and solitude while decorated to delightful taste with an option available to acquire the home fully furnished - all in nearly new mint condition. With a new heat pump and A/C, new fridge, and a new roof already under contract to install shortly; there is $5, 000 set aside at closing to repairreplace flooring if so desired. A community clubhouse of grandeur provides many activities, either by sponsored clubs, made by your own design, there are activities aplenty. From swimming in a large pool. or dipping into the spa, Maybe enjoy pickleball, tennis, shuffle board, bache or walk around the lake and community all on sidewalk with Sandhill Cranes and Geese and Ducks to entertain and make a peace of outdoors. Indoors, there is a library, pool tables, dart boards, auxiliary rooms for cards/games/meetings/small parties; or reserve the grand hall that seats over 100. Located near quaint downtown Mount Dora, or 40 minutes to Disney, 35 minutes to MCO, an hour to the beach. Near to shopping or doctors and medical care. Returning home to the Lakes of Mount Dora and serenity will make life most enjoyable. Call and see a lovely home, kept like new on the lakes edge and enjoy the life you deserve anew! In this New Year!
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Our Executive Mortgage Banker:
Our Insurance Division:
$579,500
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 | $463,600 | $463,600 | $463,600 |
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 | $17 | $17 | $17 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,084 | $3,081 | $3,975 |
Total Monthly Payment | $3,193 | $3,190 | $4,084 |
* 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.