1311 E 5th AVENUE, Mount Dora, FL, 32757 | $465,000

PRICE IMPROVEMENT! **WELCOME HOME to your waterfront oasis located in the highly desirable area of Mount Dora! This home has been impeccably maintained and move in ready! As you step inside, you'll be greeted with vaulted ceilings creating an airy and inviting atmosphere. Relax on the front screened porch or the rear patio that overlooks Lake Franklin from the private backyard. This 3 bedroom and 3 bathroom block home has many updates throughout which include double pane windows, NEW EXTERIOR PAINT, NEW HVAC, NEW WATER HEATER. Enjoy the serene lake views from almost anywhere in the home! This home offers a well designed layout with space and function in mind. **NO HOA** A unique feature in this home is both Crown molding and Hall lighting from the Haunted House in Disney World. All flooring in the home is either tile or wood laminate, so NO CARPET here! Split bedroom floorplan which also includes a spacious Primary bedroom with dual closets and an ensuite bathroom. Kitchen features 2 large windows facing the lake, red Viking range, stone countertops with mosaic tile backsplash, and wine refrigerator. Laundry room is located off the Kitchen with additional storage cabinets and a large stainless utility sink, PLUS an office or hobby space and a 3rd bathroom with a walk-in shower and barn door track with a rain glass door. The lengthy driveway leads you to the garage which has plenty of storage space. Bring your fishing poles and fish in your own backyard, Lake Franklin is known for having Largemouth Bass. Located within close distance to Historic Downtown Mount Dora for shopping at charming boutiques, dining, local markets and events! Conveniently located to great schools, restaurants, hospitals and more! **HVAC 2023**WATER HEATER 2023** Call today for your private tour. **CHECK OUT THE VIRTUAL TOUR (copy & paste) https: //www. zillow. com/view-imx/08f6d6da-5b6f-42e6-8953-c7782585b920?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 130 x 243 x 160
  • Laundry: Inside, Laundry Room
  • Style: Florida
  • Year Built: 1986
  • Garage: 2-car Driveway, Garage Door Opener, Garage Faces Side, Ground Level
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,569
  • Acreage: 0.37
  • Lot Size: 130 x 243 x 160
  • Est. Taxes: $4,559
  • Lot Desc: City Lot
  • View: Water
  • Elem. School: Round Lake Elem
  • Middle School: Mount Dora Middle
  • High School: Mount Dora High
  • Pet Policy: Yes
  • Appliances: Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • MLS#: G5086073
  • Days on Market: 49 days
  • Website: https://www.raveis.com
    /prop/G5086073/1311e5thavenue_mountdora_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 10/17/2024 1:17:09 PM)
Listing courtesy of RE/MAX PREMIER REALTY   Phone: 352-735-4060

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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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1311 E 5th AVENUE, Mount Dora, FL, 32757

$465,000

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 $372,000 $372,000 $372,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.681% 6.678% 6.034%
Monthly Tax Payment $380 $380 $380
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,538 $2,349 $3,089
Total Monthly Payment $2,993 $2,804 $3,544

* 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.