Welcome to 515 Altaloma Avenue! This very nice 3 bedroom, 2 bathroom is an excellent opportunity to own a home in great condition that is close to Downtown Orlando!
The expensive and hard work has already been done for you, the roof was replaced in 2020, the air conditioning and heating system replaced in 2021, the beautiful kitchen with granite countertops and stainless steel appliances have been replaced, the bathrooms have been updated with class and style, the water heater was just replaced in 2024, this home is truly move in ready! The living spaces feel bright and are open to the newer kitchen and back yard! The screened back porch is giant and leads to a very large and fenced yard! There is a newer large shed in the backyard, the utility room is just off of the kitchen area and has an included full size washer and dryer. .
The fenced yard is enormous, the backyard shed is in great condition and could be storage or a hobby room?
This property is just a bit less than a 1/4 acre giving you plenty of possibilites!
This great home is located in a very nice community with restaurants, shops, parks, hospitals, entertainment and Downtown Orlando very close by. . Call today and move to the hub of Central Florida!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$500,000
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 | $400,000 | $400,000 | $400,000 |
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 | $515 | $515 | $515 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,495 | $2,430 | $3,161 |
Total Monthly Payment | $3,102 | $3,037 | $3,768 |
* 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.