AGGRESSIVELY PRICED and A BRAND NEW TILE ROOF and location say it all! On the edge of Windermere, this gated community remains one of the most popular communities in the area. Zoned in the Olympia High School and Gotha Middle School with neighborhood access to Thornebrooke Elementary and Freedom Park, this family-oriented community is sure to please. A half-basketball court, playground and fishing dock on Lake Fernwood add to the appeal. The oversized lot, 3 car garage, inviting pool and an easy walk to the neighborhood park gives this home a location on one of the most convenient sites in the neighborhood! With plenty of room to roam, the open floor plan of this 5 bedroom / 4. 5 bath home is sure to impress. A large formal living room and formal dining is the perfect venue for family gatherings. An elegant, open kitchen, overlooking the family room offers solid surface counters, 42” cabinets, a built in oven, an island and a walk in pantry allowing space for everyone to help the cook. When the day is done, retire to the second-floor primary suite which offers a private 10x12 sitting area presenting flexibility to be an office, nursery, or whatever your heart desires. A spacious bath with a dual sink vanity, a tub with a separate shower and two walk-in closets complete this special and intimate space. Anchored by a huge bonus media room and small storage room or craft room or office, 3 large secondary bedrooms access an en suite bath AND a Jack and Jill bath! Allowing extra flexibility, a large bedroom with a half bath downstairs will give you the space you need. Enjoy your morning coffee, an evening barbecue, or a dip in the pool while enjoying the peace of your private backyard and covered lanai! While certainly offering plenty of space for everyone to claim their own piece of paradise, you’ll find peace of mind that your investment is in a location that can’t be beat! Welcome Home!
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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 | $639,999 | $639,999 | $639,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $567 | $567 | $567 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,258 | $4,254 | $5,397 |
Total Monthly Payment | $4,917 | $4,913 | $6,056 |
* 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.