Under contract-accepting backup offers. Welcome to the tropical oasis called Orchid Springs in beautiful Winter Haven, Florida. This is a three bedroom two and one half bath ground floor end unit. These units rarely come available and are exceptionally popular. The unit is quite large with 1, 617 square feet of living space. Being a corner unit, you have four extra windows that provide lots of natural light into the unit. All windows are double pane for energy efficiency.
There are two primary bedrooms with their own bathroom. This is a triple-split floorplan that gives lots of privacy to all. The kitchen has been opened up and remodeled with a long granite island that is great for entertaining. There is a lovely bead board ceiling with lots of light also. The half bath is also the laundry room with a full size washer and dryer that will remain. The unit has been re-plumbed and rewired with a surge protector. The HOA fee covers sewer, water, trash, gas, exterior maintenance of building and grounds and a community pool and clubhouse. This unit has an open rear patio that overlooks a lagoon and beautiful mature, tropical trees. This property is close to shopping, Legoland, Tampa and Orlando and only 90 minutes to either east coast or west coast beaches.
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William Raveis Real Estate
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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 | $141,520 | $141,520 | $141,520 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $38 | $38 | $38 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $942 | $941 | $1,213 |
Total Monthly Payment | $1,055 | $1,054 | $1,326 |
* 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.