One or more photo(s) has been virtually staged. Welcome home to Lukas Landing, a gated community of 50 homes located in the heart of Oviedo. This quality-built MI home features a well thought out floor plan with 4 Bedrooms, 4 full Baths and a huge bonus room upstairs. The bonus room has a dedicated full bath and a walk-in closet for maximum flexibility. The downstairs bedrooms are configured in a 3-way split plan making the separate guest suite very private. The Primary suite is located on the rear of the home and features a tray ceiling, 2 large walk-in closets, a luxurious master bath with an oversized walk-in shower & dual vanities. A separate French door leads to the screened lanai overlooking the privately fenced backyard. The gourmet kitchen will delight the chef in the family with the oversized breakfast bar complete with electricity and cabinets all the way around. There are an abundance of 42” overhead cabinets, stylish backsplash, GE Stainless appliances, granite countertops and a walk-in pantry. The open dining area is steps away from the kitchen and completely open to the Great room which is the perfect flow
for entertaining guests. You will love the look and durability of the ceramic plank tile throughout the living area and all wet areas with carpet only in the bedrooms. There is an oversized laundry room equipped with a laundry tub and shelving. The extra bonus to this home is a full house generator which is included. MI Homes energy saving signature features include: the Core Fill block insulation, the
reflective solar roof decking with R-38 ceiling insulation and Low E insulated double pane windows. Additionally, MI offers a 15 Structural Warranty which is valid through 9/29/2032 and the Home Builders limited Warranty that is good through 9/29/2027. The Oviedo community is known for their top-rated Schools being one of the best places to live! Convenient to Oviedo Hospital, the 417 for an easy
commute to the airport, downtown or the beaches. You will want to show this home to your most discriminating Buyers.
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Phone: 888.699.8876
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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 | $616,000 | $616,000 | $616,000 |
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 | $243 | $243 | $243 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,098 | $4,150 | $5,282 |
Total Monthly Payment | $4,433 | $4,485 | $5,617 |
* 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.