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***NEW ROOF (2023) and NEW A/C (2024)*** Buyer incentives you don’t want to miss. This home qualifies for a 1% lender credit, creating a great opportunity to reduce upfront expenses and monthly payments. Urban living that feels connected yet calm, 520 East Anderson Street is located in the Lake Cherokee Historic District and offers true downtown walkability without giving up space, comfort, or privacy. This 3 bedroom, 3 full bath home pairs peace of mind with timeless character, featuring wood floors throughout, high ceilings, crown molding, built-ins, and thoughtful design accents. Dedicated living and dining areas create a flexible, light-filled layout, while generous front and back porches provide an escape just minutes from the energy of the city. The kitchen maintains its 1925 charm with updated shaker-style cabinetry, coordinating appliances, pantry storage, and dual windows that flood the space with natural light, complemented by a spacious laundry room with exterior access. YOUR CHOICE OF EN SUITE BEDROOMS -- ONE ON THE MAIN LEVEL AND ONE UPSTAIRS provides ultimate flexibility, plus one additional bedroom for guests or work-from-home space. Situated on a . 17 acre lot with a large gated backyard, mature trees, ample parking, R-2 zoning, and top-rated schools including Blankner K-8 and Boone High School, this home places you within easy walking distance to Lake Eola, the Dr. Phillips Center for the Performing Arts, the Kia Center, Church Street, and downtown Orlando’s best dining, shopping, and entertainment, with convenient access to SR 408 and I-4. This is your chance to enjoy historic charm, modern updates, and downtown living all in one exceptional home, schedule your private tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
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 |
|
|---|---|---|---|
| Loan Amount | $480,000 | $480,000 | $480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | $645 | $645 | $645 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,955 | $3,031 | $3,986 |
| Total Monthly Payment | $3,692 | $3,768 | $4,723 |
* 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.