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Welcome to 1503 Auburn Oaks Blvd! Set at the entrance of the highly desirable Auburn Oaks community, this spacious custom built, two-story home offers one of the most recognizable settings in the neighborhood, with an elevated position with views of Lake Ariana's beautiful sunrises and sunsets. With approximately 2, 900 square feet of living space, 4 bedrooms, 2. 5 bathrooms, multiple living areas, and an oversized lot, this property delivers the space, location, and long-term potential that buyers are looking for in Auburndale.
The floor plan is designed with room to spread out. Downstairs features a large private office, formal dining room, spacious living room, kitchen with island and breakfast bar, breakfast nook, half bath, laundry room, and an additional rear living space lined with sliding glass doors that open to the backyard. This layout provides excellent flexibility for everyday living, entertaining, working from home, or creating multiple gathering spaces.
Upstairs, all four bedrooms are thoughtfully positioned together along with two full bathrooms, a loft area, and an additional bonus room. Both upstairs showers have been updated, adding a valuable improvement to an already functional second-floor layout. The primary suite offers generous space, while the additional bedrooms, loft, and bonus room create options for guests, hobbies, media, play space, or a second office.
Outside, the oversized lot is a major highlight. The property offers a massive side yard, open green space, and plenty of room to add a pool if desired. The elevated homesite captures impressive views across Lake Ariana and gives the home a presence that immediately stands out. The oversized 33x22 three-car garage provides exceptional storage with built-in racks and ample space for vehicles, tools, golf carts, lake toys, or workshop needs.
Auburn Oaks is a small, established, and highly sought-after community known for its larger homes, peaceful setting, and convenient location near Lake Ariana, downtown Auburndale, shopping, dining, schools, and major roadways. The interior offers an opportunity for a buyer to update finishes to their own taste, but the setting, size, views, lot, garage space, and neighborhood are the features that truly separate this home from the rest.
As an added benefit, the seller is offering a $10, 000 credit toward flooring upgrades, closing costs, or buyer concessions. The home also includes an assumable FHA mortgage for qualified buyers, with an approximate remaining balance of $251, 000 at a 2. 875 interest rate, originally started in 2020 (Estimated to $1, 041/month with principal and interest) . Roof is approximately 7 years old, as it was replaced in 2019
This is a rare chance to own a large home with incredible views, real usable space, and excellent upside in one of Auburndale’s most desirable small communities.
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $391,920 | $391,920 | $391,920 |
| 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 | $159 | $159 | $159 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,347 | $2,445 | $3,228 |
| Total Monthly Payment | $2,581 | $2,679 | $3,462 |
* 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.