Under contract-accepting backup offers. VIEW VIRTUAL TOUR! Recent renovations of $38K just completed. New ROOF! New energy efficient A/C! Nestled in the heart of an executive family neighborhood in Orlando, this SINGLE-story residence in the desirable community of University Estates offers the perfect blend of luxury, comfort, and convenience for professionals with or without families. Walking is encouraged in this amazing neighborhood where nature is in full swing. This impeccably maintained Engle Built OPEN Floor plan 4-bedroom, 2 1/2 bath home sits on a generous . 22 acre lot, boasting a well-executed three-way split floor plan with high ceilings and an abundance of natural light. Less worrying for the long term and insurance with the new upgrades! As you step inside, the spacious living room greets you with flexible space that can easily transform into an office, playroom, library, or craft room to suit your family's needs. The height of the ceilings make a statement alone. The large primary bedroom suite serves as a serene retreat featuring a jacuzzi tub, double vanities, a large walk-in shower, and double closets, providing ample storage and a touch of elegance. The heart of this home is the kitchen, equipped with a walk-in pantry and an open layout that flows into the family room, perfect for entertaining or everyday living. A separate laundry room with a utility sink adds to the practicality of this well-designed space. Enjoy your morning coffee at the breakfast nook overlooking the backyard. Outdoors, the oversized screened PORCH overlooks mature landscaping and provides an idyllic setting for relaxing or dining al fresco. With a sizable backyard, there is plenty of room to add a pool, further enhancing the outdoor living experience. The executive community enriches life here with amenities such as a pool, clubhouse, tennis courts, a gazebo, and areas for walking, fishing, and observing wildlife. Residents enjoy the tranquility of the surrounding conservation areas while still being within walking distance to the University of Central Florida. With the BRAND new 2024 architectural shingle roof, an attached two-car garage, and close proximity to shopping, restaurants in Oviedo or on University Blvd, Research Park, and Siemens, this home is a true gem in an amazing location. Welcome to your new home in University Estates where convenience meets luxury living. Original Owners have loved this home. . . .
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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 | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $243 | $243 | $243 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,728 | $2,658 | $3,429 |
Total Monthly Payment | $3,046 | $2,976 | $3,747 |
* 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.