1316 Arredondo DRIVE, The Villages, FL, 32162 | $540,000

PRICE IMPROVEMENT! - Bring your name sign to hang on the lamp post! Tons of room in this lovely, expanded Gardenia model with 2476 sq ft of Florida living in the Village of Santiago. Prime location - it backs up to a preserve, so there’ll never be any neighbors behind you. NO BOND! This is one of the largest homes in the neighborhood, but the price per square foot makes it one of the cheapest. If you like to entertain or hold large family gatherings, this home is the one for you! Newer roof (5 years), a 2021 HVAC system, and a hot water heater installed in May of 2023. No Carpets. Granite counter-tops, wood cabinetry, and stainless-steel appliances in the kitchen. The master bedroom has an added computer/office nook, his and hers closets, a bathroom with double vanities, granite countertops and a low-maintenance shower. The Florida room is massive and set up for cable, and the attached tiled lanai backs up to the preserve. The whole house is under a water-filtration system. The neighborhood is a tree-lined paradise, quiet with great neighbors. This home is conveniently located a short distance from Glenview Country Club, Spanish Springs, and The Villages hospital, Nancy Lopez golf course and lots more. If you're looking for the ultimate Villages lifestyle, look here. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Corridor Access, Gas Dryer Hookup, Inside, Laundry Room
  • Year Built: 2000
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,476
  • Acreage: 0.16
  • Est. Taxes: $2,946
  • Adult Communities: Yes
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer, Water Filtration System
  • MLS#: G5078513
  • Days on Market: 84 days
  • Website: https://www.raveis.com
    /prop/G5078513/1316arredondodrive_thevillages_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 11:32:07 PM)
Listing courtesy of NEXTHOME SALLY LOVE REAL ESTATE   Phone: 352-399-2010

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1316 Arredondo DRIVE, The Villages, FL, 32162

$540,000

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 $432,000 $432,000 $432,000
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 $246 $246 $246
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,947 $2,871 $3,704
Total Monthly Payment $3,285 $3,209 $4,042

* 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.