OWNER FINANCING AVAILABLE!! Seller offering private financing with 20% down at 5% with a 3 year balloon. PRIVATE LAKEFRONT LIVING! Are you ready to be a lakefront homeowner in Orlando? Lake Jennie Jewel is a wonderful 70 acre private lake in South Orlando. When you move onto this serene lake you can enjoy the slalom course, fantastic fishing and can boat or paddle over to The Waterfront Restaurant. This features 100 feet on the lake with a wonderful dock. The kitchen, family and owners retreat all bring the the natural light and views of the water into your home. Truly built in an era when pride of construction and workmanship was a thing. There are terrazzo floors under carpeting the home. The formal living room has crown molding and the dining room has crown molding and chair rail. The large family room opens to an enormous screened porch that catches great breezes coming off the water year round. The owners retreat has dual walk in closets (one cedar lined) and the secondary are both good size. The retro tile in the bathrooms en vogue brings you back in time. Don't worry about having to deal with big tickets items when you move in as the roof is 2018, the electric panel is 2023 and septic 2022. When you look at so many houses today all you see is garage. Not this home, as it features a rear entry oversized two car garage. Located just South of Downtown in an area that is being revitalized with new businesses. You can be nearly anywhere Orlando has to offer very quickly. Be downtown or to Orlando International in 15 minutes as well as Mall of Millenia. Need to get to the parks its a 20-25 jaunt and UCF is a mere 30 drive. Enjoy some fine restaurants The Waterfront, Vanbarry's and The Porch with a 3 minute drive. This home is ideal for the professional wakeboarder who doesn't want the crowds and choppy waters of the chain or the executive or medical professional who wants lakefront living and needs to be close to downtown or the medical center. Did I mention Blankner and Boone as well? Call today to book an appointment to view this wonderful home.
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.786% |
Monthly Tax Payment | $346 | $346 | $346 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,124 | $4,994 | $6,848 |
Total Monthly Payment | $5,562 | $5,432 | $7,286 |
* 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.