106 E Magnolia STREET, Davenport, FL, 33837 | $245,000

Under contract-accepting backup offers. Welcome home to this beautifully renovated concrete block house, perfect for first-time buyers, investors, or those looking for a short-term rental opportunity. This property is situated on an oversized lot, offering plenty of space for entertaining and outdoor activities. It even includes a convenient backyard entrance, ideal for RV or boat owners. Additionally, its proximity to all of Central Florida's entertainment attractions such as Walt Disney World makes it an exceptional find.
This home has been thoughtfully updated to provide both comfort and style. Recent upgrades include a two-year-old air conditioner, fresh exterior paint completed in May 2023, and new interior paint along with stainless steel appliances added in April 2024. The kitchen has been modernized with new cabinets, and the plumbing has been updated to ensure worry-free living.
One of the standout features of this home is the durable concrete roof, offering excellent protection against hurricanes and providing long-term cost savings on maintenance, which was inspected and sealed in 2023.
Don't miss the chance to make this adorable home yours! Whether you're starting out, investing, or seeking a short-term rental, this property is a perfect choice. Seize this opportunity today!

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: In Garage
  • Style: Ranch
  • Year Built: 2001
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 960
  • Acreage: 0.21
  • Est. Taxes: $2,741
  • Elem. School: Davenport School of the Arts
  • Middle School: Boone Middle
  • High School: Ridge Community Senior High
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: O6227473
  • Days on Market: 89 days
  • Website: https://www.raveis.com
    /prop/O6227473/106emagnoliastreet_davenport_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/5/2024 10:34:09 AM)
Listing courtesy of GECKO REALTY, INC   Phone: 407-929-0264

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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106 E Magnolia STREET, Davenport, FL, 33837

$245,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $196,000 $196,000 $196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $228 $228 $228
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,304 $1,303 $1,653
Total Monthly Payment $1,607 $1,606 $1,956

* 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.