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Welcome to the PALM II model in Spruce Creek Preserve. This home as truly been lovingly cared for. This desirable floorplan features 2 bedrooms, 2 bathrooms, and a 21x17 bonus room spanning in total over 1650 square feet. The ROOF was replaced in 2019 and HVAC was replaced in 2023. Inside you will find your living room in the front of the home that is open to the dining room for plenty of space to entertain your friends and family. The kitchen features solid wood cabinets and overlooks the bonus room for an open feel. There are french doors entering the spacious primary suite that measures 16x14. Your en suite is equipped with two sinks, step in shower with bench, and walk in closet. Opposite of the primary you will find the guest room that measures 12x14. Spruce Creek Preserve is a gated active adult community with a low monthly HOA fee of $194 dollars. The featured amenities are a clubhouse with pool, tennis courts, shuffleboard, fitness center, library, billiards, golf course, and more. The community is located less than 4 miles to a hospital, Walmart Supercenter, restaurants and more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$244,900
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 | $195,920 | $195,920 | $195,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.609% |
| Monthly Tax Payment | $88 | $88 | $88 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,112 | $1,173 | $1,588 |
| Total Monthly Payment | $1,275 | $1,336 | $1,751 |
* 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.