Welcome Home to 116 Waha Way in Leesburg, FL located in the wonderful Molokai 55+ Co-Op Community. This doublewide home was built in 1980, has 1302 square feet of living space, a carport and a workshop and sits on a quiet dead-end street. . . so not much traffic. Offered Partially Furnished!! There are 2 bedrooms, 2 full bathrooms, a sizeable kitchen, formal dining, a living room and an additional den and/or office space. The kitchen has lots of countertop space, tons of storage with cabinetry and a pantry. You also have a nice sitting bar for your morning coffee or can be used as another sitting area for friends and family. The Appliances stay with the home and is being offered partially furnished. The home has a wonderful floorplan with lots of openness with the combining kitchen and formal dining along with the adjoining living and family rooms. The oversized primary bedroom has lots of natural light, ceiling fan, lots of storage in 2 closets as well as an en-suite bathroom. The additional bedroom is sizeable with laminate floors and a nice large closet for guests or more storage. There have been many updates over the years to include a new roof in 2020, newer ramp, newer floors throughout among many other things. Located in Molokai Co-op, a highly sought after and affordable 55+ Community in Leesburg, FL. Molokai offers lots of activities, a pool, a recreation center and your monthly fee includes cable, internet, water, trash and sewer. Not to forget the Location! You are close to Shopping, Restaurants and major highways. Also, you are not far from Downtown Mount Dora, Downtown Tavares and Downtown Leesburg and all the festivals and events that are offered! If boating and fishing are a favorite, you are only a short distance to a Public Boat Ramp for The Harris Chain of Lakes. Lake County FL offers something for everyone. Do not miss your chance to call this Home! Need financing? This home can be financed with a conventional loan or a local lender, call for all the details and to schedule a Private Showing! All information recorded in the MLS is intended to be accurate however, it should be independently verified by buyer and their agent. Check out the Virtual Tour!
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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 | $104,000 | $104,000 | $104,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $61 | $61 | $61 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $692 | $683 | $877 |
Total Monthly Payment | $828 | $819 | $1,013 |
* 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.