116 Sher LANE, Debary, FL, 32713 | $229,000

Welcome to Traders Cove, where vibrant community living meets serene riverside charm. Nestled within this desirable 55+ community, discover your perfect retreat in this extra large 2 bedroom, 2 bathroom home, boasting an additional bonus room for a total of 1, 959 square feet of spacious comfort. The open-concept living area seamlessly connects the cozy living room, ideal for relaxing evenings, around the wood burning fireplace, with the oversized kithen featuring a large island. Two generously sized bedrooms, each offering tranquility and privacy. The master suite provides a peaceful sanctuary, complete with an en-suite bathroom. The second bedroom is perfect for guests or can be transformed into a versatile home office or hobby space to suit your lifestyle. Beyond the main living areas, a versatile bonus Florida room awaits, ready to accommodate your unique needs. Whether you envision a cozy den, a sunny home gym, or a tranquil reading nook, or game room, this flexible space offers endless possibilities to personalize your home. Outside, embrace the beauty of Traders Cove living with access to a wealth of community amenities. Spend leisurely afternoons lounging by the sparkling pool or socializing with neighbors in the clubhouse. For the outdoor enthusiast, the community provides direct river access and a convenient boat dock, perfect for exploring the scenic waterways and enjoying endless days of boating and fishing. Conveniently located near shopping, dining, and entertainment options, as well as easy access to major highways, this home offers both tranquility and convenience. Don't miss your opportunity to experience the best in 55+ living at Traders Cove. Schedule your showing today and make this your new home sweet home!

Features

  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Year Built: 1993
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,623
  • Acreage: 0.22
  • Est. Taxes: $767
  • HOA Fee: $101 Monthly
  • Adult Communities: Yes
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: V4940294
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/V4940294/116sherlane_debary_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/14/2025 8:17:10 PM)
Listing courtesy of LPT REALTY LLC   Phone: 877-366-2213

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

116 Sher LANE, Debary, FL, 32713

$229,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $183,200 $183,200 $183,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.250% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.295% 7.408% 6.623%
Monthly Tax Payment $64 $64 $64
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,234 $1,250 $1,583
Total Monthly Payment $1,373 $1,389 $1,722

* 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.