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Under Construction. Welcome to 1148 Basalt Lane in Sanford, Florida: a stunning new construction home built by M/I Homes. This thoughtfully designed home offers 3, 783 square foot of well-appointed living space, featuring 5 bedrooms, 4 bathrooms, and a 3-car garage.
This home showcases quality design throughout, with an open-concept living space that creates a seamless flow between gathering areas. Every detail has been carefully considered to deliver a floorplan that balances comfort with style, making this home ideal for both everyday living and entertaining.
Other home highlights include an owner's bedroom with en-suite bathroom on each floor, and versatile bonus room, a huge loft, and a lanai.
Located in a welcoming neighborhood with a friendly, community-oriented atmosphere, this area offers easy access to nearby parks for outdoor recreation and relaxing green space. Shopping, dining, and everyday essentials are just minutes away, making daily life both convenient and enjoyable.
This home reflects the quality and attention to detail that M/I Homes is known for, offering a fresh and functional design built to suit today's lifestyle. With generous square footage, a well-planned layout, and proximity to parks and neighborhood conveniences, this Sanford home provides an exceptional living experience from the moment you walk through the door.
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:
$739,990
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 | $591,992 | $591,992 | $591,992 |
| 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 | $103 | $103 | $103 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,645 | $3,738 | $4,916 |
| Total Monthly Payment | $3,840 | $3,933 | $5,111 |
* 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.