580 N Echo DRIVE, Lake Alfred, FL, 33850 | $435,000

R E D U C E D . . . . WHEN YOU ENTER, YOU CAN'T HELP BUT WALK STRAIGHT TO THE VIEW OF THE POOL & LAKEFRONT. YOU WILL FEEL "RIGHT AT HOME" WHEN YOU STEP ONTO THE SCREENED PORCH OVERLOOKING THE INVITING SALT WATER POOL AND
THE VIEW OF THE BEAUTIFUL LAKE ECHO LAKEFRONT. ITS GREAT THAT THIS HOME HAS A 55X12 FT SCREEN ENCLOSED PORCH
PLUS ANOTHER 17X12 AREA OF THE SCREEN ENCLOSED PORCH WITH A SPA FOR RELAXING. FORMAL LIVING AND FORMAL DINING ROOMS, LARGE OPEN FAMILY ROOM. SPACIOUS KITCHEN WITH LOADS OF WOOD CABINETS PLUS A BREAKFAST ROOM OR DINETTE THAT ALSO OVERLOOKS THE POOL/LAKEFRONT WITH ACCESS TO THE SCREENED PORCH. 3 BEDROOMS AND 2 FULL BATHS, THE GUEST BATH HAS A JETTED TUB. THE MASTER SUITE HAS IT OWN BATH WITH A STEP IN SHOWER . THE LOT IS ALMOST A HALF ACRE AND HAS SO MANY BEAUTIFUL TREES AND PLANTS. A FENCED AREA IN THE BACK IS PERFECT FOR A GARDEN. TO NAME A FEW ARE AVOCADO, PEACH, MANGO, LEMON , LIME, AND PAPAYA . WE ALSO NEED TO MENTION THE BEAUTIFUL PALM TREES ON THE LAKEFRONT.
THIS HOME IS PRICED BELOW RECENT APPRAISAL.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: In Garage
  • Year Built: 1968
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,920
  • Acreage: 0.47
  • Est. Taxes: $2,257
  • Lot Desc: City Lot
  • View: Water
  • Elem. School: Lake Alfred Elem
  • High School: Auburndale High School
  • Pool: Deck, Gunite, In Ground, Salt Water, Screen Enclosure
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: P4930228
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /prop/P4930228/580nechodrive_lakealfred_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 6/15/2024 1:32:07 PM)
Listing courtesy of FLORIDA HOME CHOICE REALTY   Phone: 863-412-2727

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

580 N Echo DRIVE, Lake Alfred, FL, 33850

$435,000

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 $348,000 $348,000 $348,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.737% 7.055% 6.120%
Monthly Tax Payment $188 $188 $188
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,257 $2,286 $2,913
Total Monthly Payment $2,520 $2,549 $3,176

* 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.