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Welcome to this iconic 1925 Spanish Colonial in the coveted Biltmore-Cumberland Historic District of Lake Hollingsworth. Dressed in stucco, columns, and graceful arches, this residence stands as an anchor of neighborhood history and architectural character. Known as the Ludd M. Spivey House, this property once belonged to the Florida Southern College president who invited Frank Lloyd Wright to redesign the campus. It’s said that Wright himself visited this home, meeting in the arched, sunken living room that still radiates timeless charm.
The main home offers 4 bedrooms and 2 full bathrooms across 2, 842 sq. ft. , blending historic warmth with modern comfort. A moody hallway illuminated by gold globe lighting leads to the bedrooms, including a Jack-and-Jill suite and a spacious primary just across from a full bath. A flex room or office with French doors and a wood-burning fireplace anchors the front of the home and opens onto a welcoming front porch. At the heart of the home lies a 2021 remodeled kitchen, surrounded by natural light and backsplash tile reaching to the ceiling. Outfitted with Thermador appliances, including a 36” gas range, convection microwave, and designer hood vent, this kitchen boasts quartz waterfall countertops and a generous island with bar seating. Engineered hardwood floors flow throughout, creating a seamless and cohesive design. Outdoors, a resurfaced pool with tanning shelf, Spanish-style tile, and lush new landscaping form an inviting private oasis. The 555 sq. ft. guest apartment includes a 1-bedroom layout with a living room, kitchen, and full bath — ideal for guests or rental income. Situated on nearly half an acre, this historic home comes with a new roof installed prior to closing, ensuring both preservation and peace of mind. Enjoy proximity to Lake Hollingsworth, Florida Southern College, local eateries like The Peach House, and Black & Brew, making this residence a perfect blend of history, style, and location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
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 | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.571% | 6.533% | 5.668% |
| Monthly Tax Payment | $403 | $403 | $403 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,289 | $3,469 | $4,506 |
| Total Monthly Payment | $3,783 | $3,963 | $5,000 |
* 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.