WOW. There is a lot to love about this Chateau Village condo located in the 55+ age-restricted, high and dry, beautiful community of Timber Oaks. The condos on Orleans Lane feature a park-like view from the home front. Its courtyard entry is idyllic with pathway lighting to lead you from the 1 car garage to the front door. There is ample guest parking near the back entrance. The floorplan is open, with views from the kitchen to the combo dining/living room and the Florida room. Laundry is indoors and washer/dryer included in sale. The owner has lovingly cared for the place and has a flair for color and decor. The kitchen features some modern touches with updated cabinetry, appealing countertops, and new hurricane windows. With attractive Florida-style decor throughout. . . the furniture, electronics, and home contents are optionally included or can be purchased separately. The pool is located half a block away and there is yet another, larger heated pool at the recreational area of Timber Oaks, where you will also find a place to socialize at clubhouse, or play tennis, pickle ball, bocce, etc. There are craft rooms, meeting rooms and a large auditorium and MORE. Be sure to tour the facilities when you schedule your showing. HOA fees are $50/month for Timber Oaks, plus condo fees are $455/month and include WIFI and cable (paid programming: Disney channel plus Paramount), trash, water, exterior maintenance. This is a deed restricted community with rules about renting/leasing, and a pet policy: no dogs are allowed, but 1 indoor cat is allowed, or fish, or a bird. Owner states air conditioner is newer (2016), and hot water heater is a couple of years old. ALL WINDOWS were upgraded to double-pane, hurricane wind strength. Seller has some flexibility on time to move if a buyer is wanting to close later rather than sooner.
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William Raveis Real Estate
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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 | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $57 | $57 | $57 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,051 | $1,063 | $1,349 |
Total Monthly Payment | $1,183 | $1,195 | $1,481 |
* 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.