Welcome to Fox Trace - a subdivision within Rainbow Springs. This exquisite property is full of character and attractive finishes. It spans over 1900 square feet featuring 3 bedrooms, 2 bathrooms, formal dining space, and bonus room. Entering the home you are greeted by grand double doors. Inside you will find a stunning Spanish tile throughout for easy maintenance. This floorplan was thoughtfully designed with a formal dining room and sitting room for plenty of space to entertain. Your southwest facing bonus room features 4 windows full of natural light for the room to function well as an art studio, craft room, or home office. Enjoy your breakfast looking out the panoramic bay window with a view of the tranquil backyard. Take delight in the serenity of your 29x10 screened lanai where you can enjoy a book or cup of coffee. The kitchen has been completely remodeled with elegant apron sink, stone counters, backsplash, and cabinets. Other upgrades include stainless appliances and frosted pantry door. Your primary suite offers 2 walk-in closets, custom window covering, and sliders to the lanai. Your en suite includes 2 sinks, soaker tub, and frameless walk-in shower. Adjacent to the primary you will find bedroom two and three that share the second bath. Your laundry room has been conveniently outfitted with sink and extra storage. Your major systems have already been replaced with the roof done in 2023 and HVAC done in 2019. The interior and exterior of the home have been recently painted with tasteful, neutral choices. Rainbow Springs has deeded access to the world-renowned Rainbow River for a low annual fee of $243. Also included is access to the community center where you will find a pool, tennis courts, and restaurant. Your low monthly HOA of $197 covers lawn care to include mowing, blowing, trimming, and edging.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $319,920 | $319,920 | $319,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $306 | $306 | $306 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,102 | $2,126 | $2,721 |
Total Monthly Payment | $2,483 | $2,507 | $3,102 |
* 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.