PRICE REDUCED!! ATTENTION: This Lake Hollingsworth mid-century modern style home close to Cleveland Heights Golf Course, Common Ground Park and Lake Hollingsworth survived Hurricane Milton that came right through Lakeland with only yard debris and fence damage that was easily managed! So if you are considering a move to Florida consider Lakeland and this home with its flexible floor plan offering a separate 3rd bedroom with outside entrance that could be used for a home business, studio, Airbnb. Mid-century features include broken tile on front and rear porches, terrazzo floor in Florida room, refinished original oak floors in most rooms and vintage tile in 2 main bathrooms. Since purchase in 2019 the current owners have spent a considerable on improvements (approximately $120, 000 - spreadsheet available) including but not limited to new roof, new 5 ton CHA, electric upgraded to 200 amp service, home repiped, energy efficient window, new front door, remodeled kitchen with quartz counters, stainless steel appliances, porcelain tile, custom backsplash and cabinets with soft close drawers, fish pond with waterfall, wood deck and pergola with swing!!!! The house features an open floor plan with glass pane pocket doors leading to the Florida room with fireplace and a wall of windows overlooking the lush landscaping in the fenced backyard. Two bedrooms and 2 baths are located off the living room. The 3rd bedroom and bath are separate from the main house but under roof and part of the CHA system. This area with extensive custom shelving makes a great studio, office or man cave with its separate entrance accessed through French doors. (Note - there is a sketch available to show how to access the 3rd bathroom) It could also be a workshop or converted back to a garage! (The former owners had a permit for a day care) The back porch overlooks the garden - an inviting spot to relax. And don't miss the deck and pergola with swing and the fishpond with waterfall!!! There is a circular driveway plus a driveway off Berkely. With its convenient location and extensive list of upgrades this home is a must see!!
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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 | $287,120 | $287,120 | $287,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $399 | $399 | $399 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,886 | $1,908 | $2,421 |
Total Monthly Payment | $2,359 | $2,381 | $2,894 |
* 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.