501 W Old Us Highway 441, #C201, Mount Dora, FL, 32757 | $317,000

A BUYER'S BARGAIN IN THE HEART OF MT. DORA - Fall in love with this immaculate END UNIT, which is situated in an extremely quite area, away from the hustle and bustle of the day! With additional windows and an excess of sunshine and light, enjoy a wonderful view of the gorgeous lake and mature trees. Owner has the lowered price, making this adorable home very affordable! This THREE BEDROOM, TWO BATH home offers ample storage with 3 walk-in closets, linen closets, larger panty and storage in the laundry room! PLANTATION SHUTTERS and CROWN MOLDING add the perfect touch to the picture window views! Once inside the foyer (which has a another closet!), you will notice a guest bedroom (or office/craft room), the large linen closet and a full bath to the right. To the left is another bedroom with two large closets and shuttered windows! The kitchen has numerous cabinets and plenty of open space for a bistro set, or possibly a moveable island for more flexibility! The large pass thru from kitchen to dining is handy for entertaining - and allows a beautiful, lake view picture straight through to the living room window! Wake up to sunshine and water views in the master bedroom which has 2 WALK-IN CLOSETS and a connecting master bath. Both baths were updated only 2. 5 years ago, along with a new HVAC at that time. Over 1700 square feet of living, but it sure feels like more! Summit Place, a pet-free zone, has a large clubhouse with a fitness center, LARGE POOL and a grilling area - a perfect place to enjoy the day! Plus each condo includes reserved and covered carport parking which also has a private 8x4 storage room - great for those holiday decorations, bikes, beach equipment, or so much more! Let's make this your next home!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 4
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: MOUNT DORA SUMMIT PLACE CONDO
  • Year Built: 1983
  • Common Charge: $716 Monthly
  • Approx Sq. Feet: 1,730
  • Acreage: 0.04
  • Est. Taxes: $4,804
  • View: Water
  • Pet Policy: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: O6107711
  • Days on Market: 448 days
  • Website: https://www.raveis.com
    /prop/O6107711/501woldushighway441_mountdora_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/28/2024 3:32:24 PM)
Listing courtesy of RE/MAX PREMIER REALTY   Phone: 352-735-4060

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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501 W Old Us Highway 441, #C201, Mount Dora, FL, 32757

$317,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $253,600 $253,600 $253,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.512% 6.273% 5.248%
Monthly Tax Payment $400 $400 $400
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,582 $1,541 $2,004
Total Monthly Payment $2,057 $2,016 $2,479

* 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.