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Fantastic opportunity to purchase a home in the highly desirable Spring Lake Terrace neighborhood adjacent to the Orlando Golf and Country Club. This custom built neighborhood of homes is well established and has history in the City of Orlando, prior to the growth of Central Florida.
The homes are well built and the location is excellent and close to the downtown Orlando area. This property is a 3 bedroom, 2 bath pool home with a side entry 2 car garage. The kitchen includes all the appliances and there is a double oven and cooktop. Inside utility room with washer, dryer hook up and cabinets. There is a desk with drawers at the opposite end of the utility room, perfect for homework or doing paperwork. There are a multitude of improvements that have been done during their ownership, including Kitchen, Hall Bath and Master Bath remodels, Fascia and Soffit upgrades along with insulated window upgrades. Home was replumbed in 2005 and roof was replaced in July 2023. HVAC upgrade in 2024. Sliding doors from the living room and family rooms, going to the pool, were replaced in 2015. A new vinyl fence was installed in 2025. There are wooden plantation shutters on the windows. The owners raised their family there and have called it home for many years. The property is on one of the side streets making it a quieter, less traveled, part of the subdivision. The golf course is nearby and the streets are perfect for bike riding and walking. The backyard is spacious and almost tropical. There is a raised pool deck in the back left of the property and the pool has been well maintained and has an automatic cleaner. Orlando Utilities handles the electric, water and trash. On public sewer. Average electric bill, shared by the owner, is $300/Month Both the new Dr. Phillips Packing District. . . a shopping area with restaurants and a Publix and the community of College Park is within minutes of this property and offers quaint shops, coffee bars, and a small town feel. Schools include the very popular Edgewater High plus College Park Middle and Lake Silver Elementary. This home has been meticulously care for, through the years, and would make a great home for that special person or family. Come take a look. . . A beautiful home and an excellent location!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $668,000 | $668,000 | $668,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | $388 | $388 | $388 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,951 | $4,059 | $5,637 |
| Total Monthly Payment | $4,431 | $4,539 | $6,117 |
* 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.