418 Riggs Circle, Davenport, FL, 33897 | $434,000

Under contract-accepting backup offers. Discover luxury living with this meticulously upgraded 5-bedroom, 3-bathroom energy-efficient home in the heart of the popular sought-after “Four Corners” area of Davenport, Florida. With over $120, 000 in recent improvements, this residence offers unparalleled comfort & convenience, making it a dream for any buyer or investor.
The open floor plan is perfect for entertaining & family gatherings. While out back you can enjoy your very own private oasis with a screened-in pool area surrounded by tall privacy trees & a fence. The backyard features 31 Areca Palms creating pool privacy & fruit trees including Lemon, Mango, Key Lime, & Mandarin Oranges. The front yard is enhanced with tropical landscaping, up lights, St. Augustine sod, & a well-maintained sprinkler system.
In Oct 2019, a new 5-ton variable-speed AC with a carbon electrical charged filter & UV air sanitizer was added. The attic was insulated with 14 inches of R-28 insulation & equipped with two solar-powered attic ventilation fans for energy efficiency. All new doors & windows were added as of Jan 2019 with a 30-year warranty, impact resistance, heat shield, & tint. The entire house features ceramic tile downstairs & laminate flooring in the 3 bedrooms upstairs. Four of the bedrooms were upgraded with new remote-controlled Fanamation fans with adjustable lighting. A new large 6-speed Fanamation fan was also installed in the Living Room. The Kitchen was upgraded with a Frigidaire appliance set including a new microwave & garbage disposal. The large master Bedroom also has a spacious en suite bathroom, walk-in shower, & garden tub. The downstairs Master bedroom has sliding doors leading to the pool. And, it has its own energy-saving heating & cooling system by Diamond Air for optimal temp control in sleeping conditions within the master suite.
The 2-car garage features smart technology including remote access for package deliveries & a garage camera system. This dream home also provides the perfect work-from-home opportunity with fiber optic high-speed internet. The home includes an updated Vivint smart home security panel with (3) smart door locks, a smart video doorbell & a host of specialty system functions & numerous door codes for family members & visitors. A Nest smart home thermostat keeps your home comfortable while you are home & with smartphone geofencing will automatically adjust your thermostat to your desired away temperature. 7 Google Nest cameras will capture all activity within your property on all four sides of the home with cloud storage for playback or saving clips of activity. The 2 front-facing cameras include facial recognition. A new roof was installed in 2018, complemented by 62 solar panels (100 kW system) resulting in very minimal energy grid costs. The built-in Taexx in-wall pest control system ensures pest-free living.

The prime location is conveniently close to major roads, highways, & Interstate I-4, offering easy access to entertainment, shopping, restaurants, & commuting routes, & sitting high up at 190 feet in elevation, this home’s location gives buyers peace of mind. In addition to being an amazing family home, this property is ideally located for short-term rental opportunities. With its proximity to the popular Florida theme parks, & especially being less than 20 minutes from Disney property, it presents an excellent investment opportunity for those looking to capitalize on the thriving vacation rental market in Central Florida.

Features

  • Rooms: 11
  • Bedrooms: 5
  • Baths: 3 full
  • Lot Size: 88 x 102
  • Laundry: Inside, Laundry Room
  • Year Built: 1997
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 2,269
  • Acreage: 0.17
  • Lot Size: 88 x 102
  • Est. Taxes: $2,678
  • HOA Fee: $490 Annually
  • Lot Desc: Landscaped, Sidewalk
  • Pool: Child Safety Fence, Gunite, In Ground, Lighting, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6218120
  • Days on Market: 90 days
  • Website: https://www.raveis.com
    /prop/O6218120/418riggscircle_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 11/18/2024 12:25:37 AM)
Listing courtesy of PIXEL REALTY   Phone: 352-678-9405

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NMLS Mortgage Loan Originator ID 16953

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Melissa.Cohn@raveis.com

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418 Riggs Circle, Davenport, FL, 33897

$434,000

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 $347,200 $347,200 $347,200
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 $223 $223 $223
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,369 $2,308 $2,977
Total Monthly Payment $2,667 $2,606 $3,275

* 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.