Five-bedroom, five-bathroom detached home located in the very popular Paradise Palms resort in Kissimmee. If you are looking for a spacious home in a resort area look no further, the current owners have owned this house since new and has only used it as a second home, it is still in pristine condition. This house is being sold fully furnished and also benefits from a south facing heated pool and spa in a screened enclosure and safety fence, there are no rear neighbours. On the first floor there is a spacious living-dining area with a very high ceiling adjacent to a large kitchen with granite counter tops and stainless appliances. The kitchen has beautiful dark cabinets and a large central island with bar stools, the kitchen and living-dining area also benefits from nice floor tiles for easy maintenance. On the first floor there are two bedrooms including an en-suite primary bedroom which is great for anyone who doesn’t want to use the stairs. On the second floor there is an additional primary bedroom, two further bedrooms and additional bathrooms, all five bedrooms have ceiling fans and flat screen TVs. On the second floor as an added bonus there is a large loft space which has been used as a second living area. Paradise Palms is within a ten minute drive of Disney and there is a great choice of restaurants, supermarkets and shops all within a short drive away. The resort benefits from an impressive clubhouse, large community pool with slide and waterfall, a fitness room, cinema, tennis and basketball courts, game room, playground and tikki bar. The HOA fee also covers cable TV, internet, landscaping, trash collection and 24 hour security with a guarded gated entrance. Short term rentals are allowed in this resort so could provide a useful income if required.
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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 | $435,200 | $435,200 | $435,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $457 | $457 | $457 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,969 | $2,932 | $3,732 |
Total Monthly Payment | $3,518 | $3,481 | $4,281 |
* 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.