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****Major Price Reduction*** **Walk-in with Major Benefits** This property is listed WAY below its market value and offers instant and massive equity. Owner is motivated. Nestled in the heart of Lake Mary, in the most desirable, gated, sought-after Lake Emma Sounds Community, the property needs a little bit of TLC, boasting almost 4, 000 sqft of living space area, four Bedrooms, three Full Baths, and one and a half Bath. Step inside the two story modern home featuring high volume ceilings, with lots of natural lights revealing a spacious living/dining room area for entertainment or family gatherings. The expansive Chef's kitchen comes equipped with stainless steel appliances, granite countertops, tall cabinets, an enormous center island, spacious breakfast area, two versatile walk-in pantries, and a bonus butler's nook which can be used as a side office or study area. The main floor also features a huge private office juxtaposed to the half bathroom, an In-Law Suite with its full private bathroom, away from all the living areas for privacy. The second floor offers an additional Living space with an extra loft/den area, an Owner's Suite with a huge walk-in closet and spacious bathroom, opposite to the other two bedrooms and additional Full Bath. The Laundry Room is conveniently located upstairs to make doing laundry no more a chore but more a delight and enjoyment. Step outside to relax and enjoy Florida's outdoor living under the covered patio. Located in the top rated Seminole County Schools, Lake Emma Sounds Community is conveniently located nearby stores, restaurants, highways, and entertainment in Lake Mary, Longwood, and Sanford. Don't miss out on this wonderful opportunity to make this your home. Investors and buyers are welcome!
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Our Executive Mortgage Banker:
Our Insurance Division:
$745,000
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 | $596,000 | $596,000 | $596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $729 | $729 | $729 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,569 | $3,718 | $4,909 |
| Total Monthly Payment | $4,390 | $4,539 | $5,730 |
* 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.