14505 SE 87th Terrace ROAD, Summerfield, FL, 34491 | $165,000

Selling turn key and ready for you to move in! Very ~WELL MAINTAINED~ home on a ~ CORNER LOT~ with ~MATURE LANDSCAPING~ and minutes to all shopping, medical facilities including the VA. Close to THE VILLAGES and located between Summerfield and Belleview. This home would be great for FULL TIME RESIDENTS or SNOW BIRDS looking for a winter retreat! With 3 bedrooms and 2 full bathrooms there is plenty of room for your guests. Bathed in ~NATURAL LIGHT~ and more ~STORAGE~ (6 closets) than you could possibly need. The living room is divided from the bonus room with a built in bar that has its own storage and an over head light. You won't believe the spaciousness of the primary bedroom! The en suite bathroom has a linen closet as well as built in cupboards for storage. Enjoy the screened in lanai in the evening. The carport on the side of the home has room for 2 cars. Outside 2 sheds give ample room for tools, gardening supplies and what have you. Make sure to put this home at the top of your list!

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 1 full
  • Lot Size: 85 x 125
  • Laundry: Inside
  • Year Built: 1988
  • Heating: Central, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,288
  • Acreage: 0.24
  • Lot Size: 85 x 125
  • Est. Taxes: $1,312
  • Lot Desc: Corner Lot
  • Appliances: Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: OM692113
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/OM692113/14505se87thterraceroad_summerfield_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 1/7/2025 10:32:07 PM)
Listing courtesy of RE/MAX FOXFIRE - SUMMERFIELD   Phone: 352-307-0304

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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

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14505 SE 87th Terrace ROAD, Summerfield, FL, 34491

$165,000

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 $132,000 $132,000 $132,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.000% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.182% 6.412%
Monthly Tax Payment $109 $109 $109
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $878 $878 $1,123
Total Monthly Payment $1,062 $1,062 $1,307

* 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.