Under contract-accepting backup offers. Financing fell through and back on market. Welcome to Ivy Lake Estates: a coveted, gated neighborhood in Odessa. This home is a stands out with fresh exterior paint and its beautiful stone coated, metal tile roof with a transferable WARRANTY installed October 2021. Newer AC installed in just December 2019. A newly pavered patio draws you to the front door. Cross the threshold and be transported out of a cookie-cutter neighborhood into a modern, loft-like experience. With 5 bedrooms, 3 baths, and soaring 18 foot ceilings, this open floor plan was made for the entertainer. Each space has its own unique wall treatments including: wall panels, trim design, custom built entertainment center, custom fireplace and more. Bring the outdoors inside all year round with the home’s 10 skylights and 1 sun tunnle. With a formal dining room and a den flanking the entryway, you’re able to appreciate the homes openness and one-year old flooring spanning the entire home. A hallway holds the first two bedrooms and a bathroom. The 3rd and 4th bedroom share a Jack and Jill bathroom also used as the pool bathroom with backyard access. A newly tiled pool will delight you accompanied by a deep blue mosaic, gas heated, hot tub. The lush landscaping and preserve allows you to forget the neighbors and brings you a peace only nature offers. A covered patio leads to two oversized sliding glass doors and into the 18 ft tall great-room. A dinette rests just off the generously sized kitchen. A secret passageway to an enchanting loft will bring a smile to everyone’s face. The primary boasts three of the 10 skylights. Fall asleep under the stars. The over-sized ensuite with a mesmerizing 4’ x 4’ skylight leads into the walk-in closet. A staircase off the great room takes you to a multipurpose space you can watch the sunrise and sunset from. A laundry room and three car garage complete the home. Enjoy the multiple parks in this active community. Nestled off Hwy 54 you have all the shopping, dining, and entertainment you could want. This home was designed for the modern family. Come experience all it has to offer.
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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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.002% | 6.936% |
Monthly Tax Payment | $568 | $568 | $568 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,845 | $4,725 | $6,364 |
Total Monthly Payment | $5,505 | $5,385 | $7,024 |
* 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.