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One or more photo(s) has been virtually staged. Never Lived in 3/2 Custom Built Home with Detached 3+ oversized Garage/Workshop, both Built in 2024! Location, location, Close to Lake Minneola-Chain of Lakes in an NO HOA Neighborhood, close to US Hwy 27 & Hwy 50. Seller was planning to build another home on the lot next door, though has made other plans. Home is approx. 1, 554 sq. ft, plus 3+ Garage/ with oversized Workshop area - approx. 840 sq ft. , with room for Home Business Office, Gym or Man Cave!! Additional sq ft. with screened enclosed-covered Front Porch & covered open roof large Lanai in the back of home. Home Warranty.
Builder spared no expense with up open floor plan, with vaulted ceilings & beams, custom wood kitchen island, wood cabinets with easy open drawers, farmhouse porcelain kitchen sink with window at sink overlooking back yard, with custom natural wood wall panel inset in living room/fireplace area. , vinyl wood tone finish accent wall in bathrooms, split bedroom floor plan, 2 bedrooms with guest bath between at the front of the home and the primary bedroom is tucked away toward the back of the home for privacy. Stainless Kitchen Appliances & Neutral Finishes throughout the home makes this home easy to move in. Enjoy coffee or tea in the screen enclosed, under roof front porch and relax in the back yard on the lanai in the evenings. Perfect for a home business or individual who wants the freedom of NO HOA, close to Clermont & Minneola, walking distance from Lake Minneola. Freedom of No HOA in the Unincorporated Neighborhood. Close commute to Waterfront Park Boat Launch. Room for gardening and/or a Home Business. Home is Move-in Ready, with a deep driveway, room for multiple cars and or room for an RV. Plenty of storage for Motorcycles, Mountain Bikes & Toys. Also see listing at 16615 OKLAHOMA St. for 2 adjoining parcels development opportunities! Builder planned to build on the lot next door, but has new plans. Both listings are currently available, make this your forever home.
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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 |
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|---|---|---|---|
| Loan Amount | $424,000 | $424,000 | $424,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.156% | 5.522% |
| Monthly Tax Payment | $130 | $130 | $130 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,341 | $2,539 | $3,408 |
| Total Monthly Payment | $2,563 | $2,761 | $3,630 |
* 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.