334 Terrace DRIVE, Oviedo, FL, 32765 | $489,000

One or more photo(s) has been virtually staged. Seller may consider buyer concessions if made in an offer. **SELLER WILLING TO CREDIT BUYER $500 TOWARDS CLOSING COSTS, INTEREST RATE BUY-DOWN AND/OR A HOME WARRANTY! Attention Seminole County Buyers: Oviedo POOL HOME on a large . 41 ACRE CORNER LOT with NO HOA, an UPDATED KITCHEN, whole home GENERATOR, DOUBLE-PANE WINDOWS, OVERSIZED garage and motorized HURRICANE SHUTTERS - welcome to Terrace Dr! **ALL GRADE A SCHOOLS!**This 3-bedroom, 2-bath floor plan offers formal and family spaces, REAL WOOD FLOORS and tile throughout and the expansive LANAI overlooks your SCREENED POOL. Start your tour in the flexible formal living space adorned with crown molding and PLANTATION SHUTTERS, perfect for gathering with family or entertaining friends. The living room is connected to a formal dining space that flows into the updated kitchen. Thoughtfully renovated with the home chef in mind the heart of this home delivers NEWER STAINLESS STEEL APPLIANCES, and induction cooktop, SOFT CLOSE CABINETRY, decorative ceiling and backsplash and ENDLESS STORAGE paired with a WET BAR featuring a waterfall edge. Off the kitchen is a spacious family room with sliding glass door access to the lanai for indoor/outdoor living at its finest. Ideal SPLIT BEDROOMS give the owner an escape from the day in the generous PRIMARY SUITE with its own access to the lanai/pool, WALK-IN CLOSET and private en-suite bath. Bedroom two and three share an updated full bath. The VINYL FENCE with DOUBLE-GATE adds privacy to the expansive backyard, screened pool and lanai while the BARN-STYLE SHED gives you additional storage and a dash of charm. The extended SIDE-ENTRY garage includes a workbench, additional shelving and attic storage. This established community is located near Alafaya Trl/SR 434 with easy access to University Blvd, Research Pkwy, E Colonial Dr and Hwy 417. You are just minutes from Seminole State College, UCF, Valencia College, Oviedo Mall & Medical Center, Oviedo On The Park, Friendship Park, the Oviedo Aquatics Center, Waterford Lakes Town Center and so much more! This perfect combination of an oversized corner lot, No HOA and top-rated schools does not come around that often - schedule your private tour today!

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 110 x 150
  • Laundry: In Garage
  • Year Built: 1987
  • Garage: 2-car Driveway, Garage Door Opener, Garage Faces Side, Oversized
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,756
  • Acreage: 0.41
  • Lot Size: 110 x 150
  • Est. Taxes: $2,071
  • Lot Desc: Corner Lot, Oversized Lot
  • Elem. School: Lawton Elementary
  • Middle School: Jackson Heights Middle
  • High School: Oviedo High
  • Pool: Fiberglass, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6206942
  • Days on Market: 122 days
  • Website: https://www.raveis.com
    /prop/O6206942/334terracedrive_oviedo_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 10/4/2024 3:17:09 PM)
Listing courtesy of WEMERT GROUP REALTY LLC   Phone: 407-743-8356

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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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334 Terrace DRIVE, Oviedo, FL, 32765

$489,000

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 $391,200 $391,200 $391,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.490% 6.297% 5.597%
Monthly Tax Payment $173 $173 $173
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,473 $2,377 $3,171
Total Monthly Payment $2,721 $2,625 $3,419

* 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.