HARD TO FIND WATERFRONT HOME situated in a quiet SE Lakeland gated community. You will delight in the spacious Rutenberg plan home which features three large bedrooms, each with direct access to a full bathroom and walk-in closet, plus TWO flex rooms to be used as extra bedrooms/office/den/craft/media rooms, an open plan with great room and dining areas with fireplace which flow seamlessly into the kitchen and casual dining area. PLUS, kitchen duty will never be a chore because of the gas (propane) range, tremendous amount of cabinet and counter prep space and water views from the large bank of windows. This 3-way split bedroom plan assures everyone a bit of privacy. Recent upgrades include new exterior paint, new interior paint in some areas, dual HVAC systems (installed in 2018 & 2024), new garage door opener plus a host of other miscellaneous items. Best of all are the stunning views of Lake Victoria with the morning sun sparkling over the water and the beautiful colors of the evening sunset reflecting back toward you at dusk. There is a wonderful in-ground Pebble-Tec salt-water pool & spa with paver decking all around, multicolor lighting system and the pool cage was rescreened in 2021, covered lanai area all designed to make you feel relaxed at any time of the day. There is also an in-ground propane 120-gal propane tank to feed pool & spa heater and cooktop, lush landscaping that is irrigated by a refurbished system with new Rainbird timer system (installed in 2023), central vacuum system (never used and not warranted) and the was roof replaced in 2019. The electrical usage (average 12-months) was just $240 which speaks well to the overall energy efficiency. Truly this home is a hidden gem but still convenient to so much of what makes Lakeland so special.
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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 | $599,600 | $599,600 | $599,600 |
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 | $373 | $373 | $373 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,989 | $4,040 | $5,141 |
Total Monthly Payment | $4,454 | $4,505 | $5,606 |
* 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.