475 Leeway TRAIL, Ormond Beach, FL, 32174 | $599,000

NEW ROOF end of March! This hidden Gem of a home is hidden by the woods in front of the house where deer have their babies each year. It is a wonderful/peaceful place to raise a Family and have yourself hobby farm. Property is completely fenced in with-out buildings already set up for horses, chickens, and goats. A two-stall pole barn with feed room is enclosed on 3 sides. Large chicken coop attached to barn, fenced in with open air coverage to protect the chickens from hawks. Has a large outbuilding with an aviary that is used to raise Parakeets. Lots of garden space with a multiple variety of plants and room for more. All properties in this area must be at least 5 acres and cannot be divided. The house was custom built by current owner in 1989. 3 beds, 2 baths with lots of large windows for light.

Porch in front and large screened-in porch in the back of the house. Ceiling fans in all rooms. French doors in both the kitchen/dining area and living room open to the screened porch. Laundry room inside. Roof over well replaced in 2023 and new well pump and pressure tank in 2022. Gutters in front of the house replaced in 2023. Air conditioner has a service contract and has been maintained and serviced by Flair every 6 months since installed in 2009. Roof, 2005, 35 year "shingles" was inspected by the roofing company and the current Insurance company will transfer coverage to the new owner. Zoned Agriculture.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Style: Ranch
  • Year Built: 1989
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,382
  • Acreage: 5
  • Est. Taxes: $869
  • Lot Desc: Farm, Flood Insurance Required, Pasture, Zoned for Horses
  • View: Trees/Woods
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
  • MLS#: FC296219
  • Days on Market: 164 days
  • Website: https://www.raveis.com
    /prop/FC296219/475leewaytrail_ormondbeach_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 5/20/2024 10:47:08 PM)

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475 Leeway TRAIL, Ormond Beach, FL, 32174

$599,000

Anna Zastem

Sales Associate

William Raveis Real Estate

Phone: 860.604.2106

Anna.Zastem@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.538%
Monthly Tax Payment $72 $72 $72
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,269 $3,185 $4,109
Total Monthly Payment $3,433 $3,349 $4,273

* 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.