Tucked away on a spacious corner lot in DeLand, 1625 E Parkway presents an unpolished gem awaiting a creative touch. This small 2-bedroom, 1-bathroom house, set in a neighborhood rich with community charm, offers boundless potential for those with a vision to revitalize and reimagine.
This cozy home, though in need of some TLC, boasts a foundation ripe for transformation. Its compact interior is a blank canvas for renovation, perfect for infusing contemporary flair into every corner. From the living room to the bedrooms, each space invites the possibility of modern updates and personalized design.
The real allure of this property lies in its generous corner lot. Here lies the opportunity to extend the living space outdoors, whether through landscaping, a garden, or a quaint outdoor seating area. This extra space offers a peaceful retreat or a playground for creativity and expansion.
Located conveniently in DeLand, this home combines the tranquility of a private lot with easy access to local amenities. It’s ideal for those seeking a project that balances a small-scale renovation with the joys of outdoor living.
1625 E Parkway is not just a fixer-upper; it's a chance to craft a home that reflects your taste and lifestyle. It’s an invitation to create something special in a community known for its warmth and welcome. Embrace the opportunity to transform this property into a delightful haven, a reflection of your own vision and hard work.
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,000
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 | $127,200 | $127,200 | $127,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $197 | $197 | $197 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $868 | $845 | $1,073 |
Total Monthly Payment | $1,140 | $1,117 | $1,345 |
* 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.