37250 Rachel LANE, Eustis, FL, 32736 | $1,495,000

Under contract-accepting backup offers. This ranch style house was updated several years ago and has only been lived in for 2 years since the renovation. The wood floors are real 3/4 inch tongue and groove floors made from oak trees taken off the property. It has a pole barn, shotgun shack (with bathroom and kitchen on the back of the property), shooting area with a backstop and a stocked pond. The main parcel is 40 acres and the 2nd parcel is 20 acres (25-18-28-0003-000-04100). The 20 acre parcel can have another home built on the parcel. Much of the property is AG exempt. Property is fenced and cross fenced.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Style: Ranch
  • Year Built: 1989
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,965
  • Acreage: 40
  • Est. Taxes: $9,548
  • Lot Desc: In County, Pasture, Street Dead-End, Zoned for Horses
  • View: Trees/Woods
  • Elem. School: Seminole Springs. Elem
  • Middle School: Eustis Middle
  • High School: Eustis High School
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener
  • MLS#: O6156462
  • Days on Market: 130 days
  • Website: https://www.raveis.com
    /eprop/O6156462/37250rachellane_eustis_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 5/16/2024 2:17:08 PM)
Listing courtesy of FLORIDIAN REAL ESTATE GROUP   Phone: 407-878-2830

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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

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37250 Rachel LANE, Eustis, FL, 32736

$1,495,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,196,000 $1,196,000 $1,196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 6.989% 6.936%
Monthly Tax Payment $796 $796 $796
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,058 $7,857 $10,584
Total Monthly Payment $8,979 $8,778 $11,505

* 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.