Under contract-accepting backup offers. COUNTRY HOME ESTATE ON 5 ACRES (mol) in north Lakeland with a 4 bedroom, 2 1/2 bath, brick/block ranch home and over 4, 000+ sq ft. Includes a 24x35 enclosed 2-story barn/workshop with roll up door, storage loft and multiple covered parking options on both sides for RVs, boats, tractors, and trailers. This beautiful 5 acre (mol) setting offers a perfect “Old Florida” balance of wooded seclusion and landscaped elements with an abundance of oak trees and pine trees, and fish pond. This 4 bedroom home is situated on a 330x660 lot and offers ample square footage for the growing family and many open-space opportunities for entertaining friends and family. NEW ROOF in 2020. Big eat-in kitchen with wood cabinets and serving bar. Two over-sized bonus rooms attached to the garage, used as a craft/mud room, laundry room and 1/2 bath. 2 fire places separating the Florida room and living room, also a closed-in 350 sq ft back lanai looking out on to the backyard and wooded acreage (deer, turkey, and other wildlife). This home has great storage and amenities, including a 200 sq ft she-shed, and a 240 sq ft dog kennel. If you've been looking for a home on 5 acres with move-in-ready and turn-key opportunities, located in the highly desired area of north Lakeland that offers quick and convenient access to I-4 and Tampa/Orlando. . . THIS IS IT!!!
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Our Executive Mortgage Banker:
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$625,000
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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6..375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.623% |
Monthly Tax Payment | $185 | $185 | $185 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,411 | $3,323 | $0 |
Total Monthly Payment | $3,687 | $3,599 | $276 |
* 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.