Under contract-accepting backup offers. Beautifully maintained home in "Move-in Ready" condition located in highly sought after, 24HR gate guarded Magnolia Plantation, located along the prestigious Markham Woods corridor. This 3 bedroom, 3 bath, 3 car garage home includes an office/fourth bedroom, a spacious family room, a large recreation room, and an outside screened-in lanai roof extension covering a fully furnished summer kitchen. The home has 3, 132 SF under air plus the outside screened-in, rear room enclosure ads another 688SF. The home's location is dynamic with a wide, unobstructed panoramic frontal view of water and distant tree line. The home's front entrance has two large double doors that have beautiful leaded art glass inserts. The large inside foyer has a 13-foot-high ceiling and is embellished with an antique, French bronze-cast hanging chandelier. Flowing from the foyer in different directions is a large formal banquet room, a formal living room, and a home office. The formal banquet room has a 13-foot double trayed ceiling with three levels of crown molding plus two levels of gold trim. A beautiful vintage gold-plated chandelier is suspended from the center of the room. The formal living room is very spacious and has a 12-foot ceiling. The office off the foyer has an elegant double door entry. The home has a large kitchen with granite counter tops, including a center food preparation island, and has like new kitchen appliances. The kitchen can accommodate a kitchen table and chairs, plus there is a bar area for stools. There is an adjacent upper wall wine rack with a lower cabinet-enclosed wine refrigerator underneath. A large family room flows from the kitchen and is highlighted by a wood burning fireplace with a beautiful French Louis XV style hand carved marble mantel. The room comes with a 7. 1 surround sound speaker system to enhance TV audio presentations. The home also has a "whole house" stereo sound system where eight separately controlled areas within the house can receive music. The spacious master bedroom has a sitting area plus double trayed ceilings with three levels of crown molding and a separate his and hers walk-in closet. Master bathroom has a granite countertop with two sinks, a jetted tub plus separate shower area, and a separate toilet area. The two additional bedrooms are spacious, and have walk-in closets. The two additional bathrooms have granite counter tops with single sinks and have shower/tub combinations. The elegant family room opens to a large recreation room, where one can exit to an outside screened-in entertainment pavilion with summer kitchen and central fountain. The home has a large, private fenced-in back yard with multiple varieties of trees, palms, bushes, shrubs, and flowers. Home has an automatic irrigation system that uses lower cost recycled water. Key architectural highlights include extra high ceilings in all rooms, five-inch base molding and crown molding throughout entire house, hickory hard wood engineered wood flooring in major rooms, wood trim molding around all interior windows, and rounded (radius) edges on all interior wall corners. Home has a new five-ton AC system, a new 50-gallon hot water heater, and the exterior and interior of the house has been newly repainted. Conveniently located to I-4, the 417 and 429 Expressways, Lake Mary dining, shopping and entertainment, and is zoned for Seminole County Schools. Don't wait to schedule your showing as this unique home offering won't last.
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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 | $676,000 | $676,000 | $676,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.115% | 7.061% |
Monthly Tax Payment | $489 | $489 | $489 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,554 | $4,497 | $6,029 |
Total Monthly Payment | $5,135 | $5,078 | $6,610 |
* 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.