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Welcome home to 488 North Summit Avenue, a charming retreat located in the gateway historical district of Lake Helen, Florida-the Gem of Florida's historic heart! This inviting 3-bedroom, 2-bathroom single-family home, built in 1992, boasts 1, 229 square feet of cozy living on a generous 0. 62-acre lot. Inside, enjoy beautiful hardwood floors with vaulted ceiling Family Room. Newly carpeted bedroom floors. The well equipped kitchen has Whirlpool Gold appliances and a great breakfast nook which overlooks your backyard oasis. Ready for that outdoor retreat then just steps away is your Florida Room. This home also has an attached garage, offering ample space for parking and storage. With Lake Helen's historic allure, this home could have great potential for a Short Term Rental opportunity, perfect for guests craving a quaint escape. But there is more to see on your tour, a place to keep all your big toys and trucks. The backyard is an amazing space, and you must see to believe just how much storage is available on these spacious 2 lots, RV and Boat pole barn. Two additional storage buildings. This property features a well-insulated absolutely, beautiful cypress sided workshop measuring 20 by 25 feet, complemented by an attached 24 by 36-foot parking stall suitable for large vehicles and equipment. This space has its own private gated entrance this too would make a great short- or long-Term Rental. Just a short drive away, explore vibrant shopping in Port Orange's bustling boutiques and plazas or soak up the sun and surf at New Smyrna Beach's stunning seashore, both within easy reach. Nestled in a quaint neighborhood, this home blends small-town charm with big possibilities. First time on the market and this amazing property definitely reflects the love of the homeowners. Grab your dream-come-true Lake Helen home-book your showing, it's going fast!
INFO IN LISTING IS DEEMED TO BE ACCURATE BUT MUST BE VERIFIED BY BUYERS. PLEASE CONFIRM WITH THE CITY OF LAKE HELEN, VOLUSIA COUNTY TAX, BUILDING, ZONING, ENVIRONMENTAL RELATED QUESTIONS, AND/OR PERMITTING TO THEM!
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William Raveis Real Estate
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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 | $348,000 | $348,000 | $348,000 |
| 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 | $174 | $174 | $174 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,976 | $2,084 | $2,775 |
| Total Monthly Payment | $2,225 | $2,333 | $3,024 |
* 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.