Under contract-accepting backup offers. Welcome to Arbor Ridge Subdivision, located in the heart of East Orlando, just minutes from the University of Central Florida! This lovely 3-bedroom, 2-bathroom single-family home boasts a split floor plan and an open-concept design, perfect for entertaining and family gatherings. With recent updates, including a new garage door with opener in 2022, new roof in 2017, gutters in 2022, a new A/C unit in 2017, and new stainless steel dishwasher & refrigerator in 2017, this home is move-in ready and brimming with potential. The interior is completely tiled throughout, ensuring easy maintenance. The spacious, backyard is ideal for outdoor activities, offering ample space for relaxation and entertainment. Enjoy your extended back patio, perfect for sipping your morning coffee or watching your 2 and 4-legged babies play as it is carpeted and offers a cool play area. Conveniently located, this home is just minutes from the University of Central Florida and the bustling Waterford Lakes outdoor mall, providing endless shopping, dining, and entertainment options. Families will value being so close to quality education. The award-winning Arbor Ridge K-8 School is right inside the community, and this community is zoned for Winter Park High School, ranked by US News & World Report in the 10% nationwide. For outdoor enthusiasts, the property is less than 1. 4 miles from Jay Blanchard Park, an 84-acre haven with strolling and bike trails, picnic areas, canoeing, fishing, tennis courts, and sports fields. Commuting is a breeze, with easy access to expressways (408 and 417), the Orlando International Airport, and the innovative Lake Nona area. Public transportation options are also readily available, making it convenient for those who prefer not to drive. Discover the perfect blend of tranquility and convenience in this exceptional property. Schedule a showing today and explore this prime Orlando location's limitless opportunities!
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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 | $296,000 | $296,000 | $296,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $233 | $233 | $233 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,799 | $1,799 | $2,339 |
Total Monthly Payment | $2,107 | $2,107 | $2,647 |
* 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.