16639 Morningside DRIVE, Montverde, FL, 34756 | $699,000

Looking for a family compound, or a home with a couple of apartments out back for guests? This Mediterranean- Spanish style home with an extra home in the back is spread out on just under an acre, with NO HOA!!! This is not your typical cookie-cutter home! Built in 1920, with updated electric and A/C approximately 10 years old, this classic beauty has copper rain gutters and glass doorknobs, gorgeous wood floors, and high ceilings! The seller has lovingly maintained the beautiful landscaping with awesome flowerbeds. There's a breezeway connecting the 2 car detached garage to the main home that has 3 bedrooms, 2 full baths, formal dining, den/library, sitting room, and entrances leading to the foyer from the front and sides. The 2 in-law suites are rented out at the moment with an income of $2000/month total. An oversized screened porch near the in-law suites invites you to enjoy get-togethers day or night. Montverde is conveniently located in the heart of Central Florida, just one and a half hours from either the east or west coast, and a 40 minute drive to Disney. Call for your private showing today!! All measurements are approximate.

Features

  • Rooms: 9
  • Bedrooms: 5
  • Baths: 4 full
  • Style: Mediterranean
  • Year Built: 1920
  • Garage: 2-car
  • Heating: Central, Wall Units / Window Unit
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 2,367
  • Acreage: 0.8
  • Est. Taxes: $1,529
  • Lot Desc: City Lot, Sidewalk
  • View: Garden
  • Pet Policy: Yes
  • Appliances: Other
  • MLS#: G5048007
  • Days on Market: 912 days
  • Website: https://www.raveis.com
    /prop/G5048007/16639morningsidedrive_montverde_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 4/28/2024 9:32:12 PM)
Listing courtesy of OLYMPUS EXECUTIVE REALTY INC   Phone: 407-469-0090

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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
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Our Insurance Division:

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16639 Morningside DRIVE, Montverde, FL, 34756

$699,000

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 $559,200 $559,200 $559,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.625% 7.375% 6.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.157% 7.548% 6.780%
Monthly Tax Payment $127 $127 $127
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,958 $3,862 $4,868
Total Monthly Payment $4,177 $4,081 $5,087

* 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.