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SELLER WILL CONTRIBUTE WITH $7, 000 TOWARDS BUYER CLOSING COSTS. This beautiful One-story home offers 3 BEDROOMS, 2 BATHROOMS, a 2 CAR GARAGE, and a SCREENED LANAI offering comfort and functionality for everyday living. The lovely KITCHEN opens to the spacious Living and Dining room area, with a BREAKFAST BAR, a PANTRY, and a cozy BREAKFAST NOOK perfect for morning coffee. The MASTER BEDROOM includes a walk-in closet, a private bathroom featuring his and her vanities, and a separate toilet. Step outside through the screened lanai to enjoy a relaxing and spacious backyard. Beautiful contemporary BLINDS. The ROOF was replaced in 2024. This home is located in the Magnolia Ridge community that features a PLAYGROUND, LOW HOA FEES, and NO CDD. Conveniently located with easy access to major attractions, approximately 35 minutes from Walt Disney World themed Parks, and offering an easy commute to both Orlando and Tampa. THIS PROPERTY IS LOCATED IN AN ELIGIBLE AREA FOR A USDA LOAN ($0 DOWNPAYMENT). Make this amazing home your new residence in the Sunshine State!
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Our Executive Mortgage Banker:
Our Insurance Division:
$315,000
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 | $252,000 | $252,000 | $252,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.730% |
| Monthly Tax Payment | $204 | $204 | $204 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,509 | $1,572 | $2,058 |
| Total Monthly Payment | $1,788 | $1,851 | $2,337 |
* 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.