Under contract-accepting backup offers. Welcome home to the sought after gated community of Magnolia Club. Entering the community you'll be immediately impressed by the manicured landscaping, amenities such as a resort-style pool and playground, and the pride of ownership that's evident throughout the property. Pull into your private drive with attached 1-car covered garage with electric lift, and enter into private foyer which leads to a sprawling light and bright main living space. Two sets of sliding glass doors have elegant window treatments and lead to juliet balconies which allow tons of natural light into the family room, kitchen, and dinette area. New ceiling fans and modern light fixtures have been added to modernize the interior aesthetic. The kitchen features a closet pantry, eat-up breakfast bar, full suite of appliances, with new brushed nickel cabinet hardware, and ample counter space to accommodate chefs, foodies, and households of all sizes. The primary suite also has a large picture window, designer fan with light kit, and an ensuite bath with dual vanities, tons of under-cabinet storage, oversized walk-in closet, and functional tub/shower combo. This split floorplan home offers privacy and functionality with a second full size bedroom, bathroom with tub, and inside laundry room with washer & dryer included on the opposite side of the home. This quiet community with canopied streets offers unrivaled convenience with easy access to all major highways and the Sanford-Orlando International Airport. Enjoy a maintenance free lifestyle and peace of mind knowing that this community maintains building exteriors, exterior pest control, landscaping, and recently re-roofed the builidng in 2024. View the 3D Virtual Tour here: https: //my. matterport. com/show/?m=fpqvzNpzbjK
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $212,000 | $212,000 | $212,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $170 | $170 | $170 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,410 | $1,409 | $1,818 |
Total Monthly Payment | $1,655 | $1,654 | $2,063 |
* 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.