Charming residence under 400k, located “Hilltop”, literally minutes from the nostalgic streets of Downtown Mount Dora! Delight in exquisite boutique shoppes, casual or fine dining and entertainment! Enjoy festivals and special events year round! Make a weekly tradition to go for ice cream while strolling up and down the quaint streets overlooking Lake Dora. Hidden gems like the Goblin Market and Pieces Rising will become a main stay for you, visiting family and friends! Any overflow of guests will LOVE staying in one of the many vintage Bed and Breakfasts! Always something to explore! One day of boating on the Harris Chain won’t be enough, as you can explore all the way to the St. Johns River through a series of locks. More adventures to mark off your bucket list, even enjoy camping lakeside or cruise over to Tavares for an air show, it’s the seaplane capital! This artsy town also features a Modernist Museum housed in a 1923 fire station! As you can see, this home has THE BEST amenities, but NO HOA!! Unlike many cookie cutter homes, this home brings a unique character with a vaulted ceilings and a lovely wood burning fireplace. Constructed with concrete block, this home has weathered many storms giving you confidence in the quality and craftsmanship! This open concept has a cozy and inviting great room. The ceiling height and abundance of windows allows you to enjoy the natural light and lush foliage, truly a great gathering spot. The primary suite overlooks the secluded back yard with a romantic throw back bathroom with double sinks, private lavatory and large walk in closet. A second bedroom is tucked across the house with a full bath. The 3rd bedroom/office option is just off the foyer with double French doors. This room is larger than the 2nd bedroom and a closet/wardrobe can be added. Nice to have the flexibility! A dining area overlooks the front lawn with direct access to the kitchen. Kitchen has a large pantry, dining nook and double doors to a tropical oasis with a pergola and fountain. Such a relaxing and private spot to enjoy your morning coffee! This low maintenance yard has mature landscaping and room to expand its footprint of grass should you want more running space for the little ones and pets! Yes, there’s carpet and it is comfy! Yes, there’s wallpaper…but it’s totally trending! Sellers are open to a conversation about the updates you may want to do to personalize and have the talented crew to assist to make this your forever or for now home!!! You'll also love that there's plenty of storage closets throughout the interior and a side entry 2 car garage. Another luxury to being nestled in the center of the state, you’re just 2 hours to either Florida Coast! A very nice home in a perfect location!
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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 | $319,920 | $319,920 | $319,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $225 | $225 | $225 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,128 | $2,155 | $2,743 |
Total Monthly Payment | $2,428 | $2,455 | $3,043 |
* 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.