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Welcome to Lake Wales Village Condominium, a quaint 55+ condo complex located in the heart of Lake Wales, Florida! This community has a great location, just blocks from the main downtown area, and minutes to Bok Tower Gardens (you can see the carillon in the first aerial photo), shopping, and dining! This top floor (of two floors), end unit, condo has been gutted and remodeled, and is ready for its new owner! The kitchen features painted cabinets (that look great), beautiful granite countertops, and new stainless steel appliances. There is space for a small breakfast table in the kitchen as well, and a pass-through to the main living space. The great room features space for a dining room and living room, and a set of sliding glass doors leads you to the screened in porch (with green space as your view, versus streets that other sides of the buildings have). Both bedrooms are spacious, with the guest bedroom in the back of the condo and master suite in the front. The living room and both bedrooms have ceiling fans, and new laminate flooring flows throughout the home. The guest bathroom has a shower / tub combo, and the master has a walk-in shower. The condo has a meeting room, plus swimming pool! Laundry is available (units are not allowed to have their own laundry units). Concerned about the ever increasing condo fees? The fees for this condo actually DROPPED from last year (from $425 to $413 per month)! The monthly fee covers water, sewer, trash, grounds and exterior maintenance, and amenities. This is a great opportunity to buy a remodeled and worry-free condo for yourself or for a loved one! Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$89,900
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 | $71,920 | $71,920 | $71,920 |
| 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 | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $47 | $47 | $47 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $443 | $454 | $597 |
| Total Monthly Payment | $565 | $576 | $719 |
* 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.