Under contract-accepting backup offers. Excellent value on this spacious condo in the well-established Summergate community. This is a top floor end unit with 2 bedrooms and an office. Step inside to a good sized living room that is open to both the dining area and office. With being an end unit, you get light from two sides which helps bathe the space in natural light. Galley kitchen is open to formal dining space. Split bedroom plan - primary suite is in the back. Spacious bedroom, two closets (one walk-in), ensuite bath (jetted tub) w/shower and dual sink vanity. Secondary bedroom is also a suite - ensuite access to the home's other full bath and a walk-in closet. Second bath has two access points - ideal for when you have guests. The attractive office has highly polished hardwood flooring and custom built shelving. Convenient interior laundry room. Screened balcony gives you a quiet spot to enjoy outdoor relaxation or entertainment. You are located right next to the clubhouse so it's a quick walk to the pool and fitness center. Owners are assigned a parking spot, and there's covered parking - a plus! Summergate is a secure, gated community where 75% of the residents are owners. The association dues take care of the exterior, water, sewer, and basic cable, making it easy living! You are only a mile to Kirkman Rd. where you'll have access to a host of shopping/dining venues, 2 miles to I4/Millenia Mall and 3 miles to Universal Studios. This home was lovingly cared for by the same owner for decades. Now is the time for you to come in and make some new memories. Great deal! Seller to pay off special assessments for new roof.
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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 | $160,000 | $160,000 | $160,000 |
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 | $72 | $72 | $72 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,064 | $1,063 | $1,372 |
Total Monthly Payment | $1,211 | $1,210 | $1,519 |
* 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.