This is an incredible opportunity in one of Ormond's most central, estate-home neighborhoods. Don't miss this chance to live on acreage but within a short drive to groceries, shopping, hospitals, banks, the beach, and downtown Ormond! Situated on 2. 3 private, wooded acres in Central Ormond sits this two-story, estate home that has been loved and cared for by the same family for decades. As you drive up the circular driveway, surrounded by trees (and many prolific fruit trees, also), you will be impressed with the front elevation of the stately home. As you enter the foyer, you will see a formal living room to your right and a formal dining room to your left. The dining room contains a custom storage cabinet with real wood doors. You will notice throughout the house the real wood floors, the extensive crown molding, the wainscoting (which conceals a ton of storage), and the beautiful windows with custom Hunter Douglas blinds. As you proceed forward, you will see an enormous family room with a gorgeous ceiling, a view onto the saltwater pool, and a bar for entertainment. The family room is connected to the eat-in kitchen which contains windows onto the pool, stainless appliances which include a warming drawer, trash compactor, and water purification system, as well as a copper ceiling and attractive hood vent for the island. The real walnut cabinets allow a warmth in the kitchen, as well as a built-in coffee bar for your morning coffee, and an enormous mud room/pantry and pool shower room off the kitchen that allows you to store all your dry goods and cleaning supplies. There is a two-car oversized garage connected to the mud room, for bringing in your groceries and supplies. Outside, you will find a fenced backyard around the heated, saltwater pool and spa, a pergola for your grill, a large shed, and beautiful grounds that go on forever. The second floor holds a guest side with two good sized bedrooms, and a laundry room and full bathroom. The owner's side includes an absolutely massive primary bedroom with a large, updated ensuite bath and a screened balcony for your evening cocktails overlooking the woods. The second story also contains an office/nursery/flex room that can be used for a children's play room, workout room, a fourth bedroom or guest bedroom, or any other need you may have. This house must be seen to be appreciated and there are so many positives to list! Knollwood Estates is highly sought after and opportunities like this don't exist often, so make an appointment today for your most discriminating buyer. All information taken from the tax record, and while deemed reliable, cannot be guaranteed.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,920 | $679,920 | $679,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $383 | $383 | $383 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,524 | $4,410 | $6,017 |
Total Monthly Payment | $4,999 | $4,885 | $6,492 |
* 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.