|
**This house comes with a REDUCED RATE through the seller's preferred lender. This is a lender-paid rate buydown that reduces the buyer's interest rate and monthly payment. **
Welcome to Patterson Terrace in Lake Mary, a beautifully designed two-story home offering 4 bedrooms, 3. 5 baths, a dedicated office, and a versatile loft, all thoughtfully arranged for comfortable living and effortless entertaining. With a spacious layout and well-planned living areas, this residence offers the flexibility today’s buyers are looking for.
Inside, the home feels bright, open, and well connected, with a layout that supports both everyday routines and special gatherings. The main living spaces flow naturally, creating an inviting atmosphere for relaxing, hosting, and spending time together. A dedicated office provides a quiet place to work from home, study, or manage day-to-day tasks, while the upstairs loft adds even more flexibility for a media room, play area, reading lounge, or secondary living space. The 4-bedroom design offers room for guests, a growing household, or changing lifestyle needs, and the 3. 5-bath layout adds comfort and convenience throughout.
Step outside and enjoy a backyard designed for Florida living. The screened in-ground plunge pool and covered patio offers a shaded space for outdoor dining, morning coffee, or unwinding at the end of the day. Together, these outdoor features create a welcoming extension of the home and a great backdrop for entertaining or simply enjoying the sunshine in a more relaxed setting.
Located in Lake Mary, the home benefits from one of Central Florida’s most desirable areas, known for its established neighborhoods, convenient access to shopping and dining, and close proximity to parks, golf, and major roadways. The neighborhood adds lasting appeal with a blend of comfort, accessibility, and an elevated residential feel that continues to make Lake Mary such a sought-after place to call home.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$769,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $615,200 | $615,200 | $615,200 |
| 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 | $565 | $565 | $565 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,684 | $3,838 | $5,068 |
| Total Monthly Payment | $4,341 | $4,495 | $5,725 |
* 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.