Webster's Dictionary defines Elysium as a "place of ideal happiness: paradise. " Welcome to 1315 Olympia Avenue - your perfect oasis on 1+ acre in Mount Dora's sought-after Elysium neighborhood! This pretty home features three spacious bedrooms, and two bathrooms and a powder room, all nestled on a picturesque wooded hilltop with vibrant, lush landscaping. Just a short walk from the vibrant heart of downtown Mount Dora, you'll be moments away from charming shops, the marina, delightful restaurants, and lively festivals! The newly completed 429 toll road will conveniently connect you to Orlando, both nearby international airports, and the beach! Step inside to a grand great room with a full stone wall and a cozy wood-burning fireplace, accentuated by cathedral ceilings and elegant wood beams. Enjoy the modern touch of knockdown ceilings (no popcorn here!) and soak in the views from large front and rear bay windows. The luxurious master suite boasts two walk-in closets overlooking the lush property, providing a perfect retreat. The additional two bedrooms are thoughtfully positioned on the opposite end of the home for added privacy and the 3rd bedroom offers a lovely walkout to the large screened back porch. The exterior of the home is clad in Hardie board fiber cement "board and batten" style siding. The flagstone exterior enhances the tropical, mature landscaping. Relax on the charming front porch or unwind on the back screened porch, soaking in the serene surroundings. Experience the tranquil beauty and exceptional homes that make Mount Dora's Elysium feel like a getaway from the hustle and bustle. This is your chance to make this paradise your new home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
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 | $228 | $228 | $228 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,745 | $2,673 | $3,477 |
Total Monthly Payment | $3,065 | $2,993 | $3,797 |
* 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.