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Price improvement of $5, 000. Absolutely fantastic golf course lot in 55+ Kings Ridge. An Oxford model with large screen enclosure & has a very private back yard for a golf course home. Home has beautiful landscaping in front and back yard. One of the larger lots in Kings Ridge. There is a screened in front porch w/ paver bricks before you enter through the leaded glass front door. Home was built in 2001 and has 1745 heated Sf, 2 BD/ 2 BA with Den and an expanded 2 car garage. The kitchen has granite transformation countertops , newer stainless appliances. and vinyl plank flooring. Vinyl plank flooring also in both bathrooms & foyer. The entire home was rewired with with 4 plugs instead of 2 in each outlet and upgraded lighting. New roof in June 2015, new water heater April 2021 and HVAC changeout in 2009. Separate laundry room with new washer & dryer that will remain. Custom window treatments in home & a designer chandelier. The back screen enclosure has a beautiful paver brick floor and great views when sitting out especially at sunset. The Seller is giving a full one year Home Warranty from Old Republic to the new Buyer. There is a transferable Stark termite bond on the home - was just renewed in May 2025. If you work from home this is the perfect house for you. The attic area has been professionally sealed to keep out pests. Home has Storm Stopper hurricane shutters. Some furniture may be available to purchase. Kings Ridge is a 55 Plus gated golf community located in the rolling hills of Clermont, FL. Enjoy the Royal life style in the multi-million $ clubhouse with 3 heated pools, spas, tennis & pickle ball courts, billiards, shuffle board, shows, Bingo, cards and clubs galore. The monthly maintenance fees include: Lawn maintenance including trimming of shrubs, care of irrigation system & irrigation water, TV and internet thru Opticaltel (FiberNow) maintenance of roads and outside painting of home every 7 years. Also they are a members of the clubhouse. Take your golf cart to the Kings Ridge Plaza where you can do your grocery shopping, banking or dine out. fully embrace the Florida lifestyle and make this beautiful home yours today!
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Our Executive Mortgage Banker:
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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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $295,920 | $295,920 | $295,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $151 | $151 | $151 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,680 | $1,772 | $2,359 |
| Total Monthly Payment | $1,906 | $1,998 | $2,585 |
* 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.