Where luxury meets location! Pride of ownership exudes in this meticulously maintained home in much sought-after, gated Meadow Ridge. You will know you are home with one step inside, as you are greeted with gorgeous, hardwood floors, volume ceilings and an expansive, open floor plan. Perfectly designed for both entertaining and privacy, this stunning home also boasts three, ensuite bedrooms in a thoughtful, three-way split plan, giving every bedroom its own privacy. French doors lead from the living room to a spacious flex room, perfect for a home office, playroom or hobby room. The gourmet kitchen features newer quartz countertops, new light fixtures, a double oven, under-cabinet lighting and a breakfast bar that looks onto the family room, making it ideal for entertaining guests or spending time with family. Two sets of sliding glass doors in the family room open the back wall of the home almost entirely to the spacious, screened lanai, allowing for a great indoor/outdoor living space! Adding to this beautiful home's desirability, recently installed Tesla solar panels, which will be fully paid off at closing, meaning the new homeowner will enjoy the benefit of lower energy costs! The lengthy list of upgrades continues with a fully fenced backyard, double insulation in the attic, high end window treatments in the living area and a large, custom, walk-in closet in the primary suite, as well as a recently painted exterior! An incredibly convenient community, Meadow Ridge is located where Windermere, Gotha, Winter Garden and Ocoee meet, making this a hidden gem of an area to live. Situated just a short walk from A-rated Thornebrooke Elementary, Meadow Ridge is also zoned for award-winning Olympia High School, has easy access to the 408, the 429, and the FL Turnpike and the shops of Winter Garden Village are less than ten minutes away. Everyday conveniences of Publix, medical offices and CVS are right outside the community gates and hospitals are also nearby. Downtown Windermere with its farmer's market and food truck nights, is just over a mile away, famed Restaurant Row in Dr. Phillips is a short 15-minute drive, and in 25 minutes you are on Disney's back door. Meadow Ridge features a large community pool, clubhouse, playground and a gazebo overlooking one of the beautiful ponds with fountains in the community, adding to its charm. This immaculate home is turn-key ready, for you to call home. Schedule your showing today!
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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 | $555,600 | $555,600 | $555,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $410 | $410 | $410 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,696 | $3,790 | $4,802 |
Total Monthly Payment | $4,198 | $4,292 | $5,304 |
* 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.