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Nestled on a corner lot in desirable Cherrywood Estates community. Located in convenient SW Ocala location. Cose to shopping, professional offices and hospital, library and restaurants. This home offers an open floorplan, cathedral ceilings, windowed breakfast nook in the kitchen along with plenty of cabinets and prep area. The primary bedroom includes a private bath with tiled shower, mirrored vanity and a walk-in closet. There are two guest bedrooms a guest bath and a hallway closet. The living and dining areas are open to each other featuring sliding glass doors that lead into the 12x26 enclosed Florida Room featuring attractive tiled flooring and its very own wall mount "Mini Split" air conditioner which makes it possible to enjoy year-round as additional living and entertaining space (Total living area 1, 720 sq ft). In addition, there is an access door leading to the 12 x12 brick paver patio outside perfect for grilling and enjoying the landscaped fenced backyard. The roof repl 2016, Electric Water Htr repl 2021, Trane AC repl 2011, 18 Seer Mini Spilt AC added in 2017, Solar Tube added 2014. The Cherrywood Estates Developer charges $185. 34 monthly for amenities such as clubhouse, pool etc. and provides plenty of social gatherings including plenty of clubs to meet your new neighbors and friends. The Developer lso contracts for al it's residences Spectrum TV Cable, Spectrum High Speed Internet and Trash Pick Up every Friday at your curb this is a required charge of $142. 75 monthly. Be sure and add this property to your must see homes and observe the comfort and privacy all in one remarkable property. Hope to see you soon!
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Our Executive Mortgage Banker:
Our Insurance Division:
$229,900
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 | $183,920 | $183,920 | $183,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $290 | $290 | $290 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,102 | $1,161 | $1,527 |
| Total Monthly Payment | $1,467 | $1,526 | $1,892 |
* 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.