1216 Mercedes PLACE, Orlando, FL, 32804 | $699,000

Under contract-accepting backup offers. In the heart of the desirable Lake Adair neighborhood on a premier tree-lined, brick street. This beautifully updated three-bedroom, two-bath home offers the ideal blend of classic charm and modern conveniences. With recent upgrades and renovations, this home is move-in ready. The curb appeal is evident, with newer exterior paint, fresh landscaping enhanced by landscape lighting, and new insulated windows and French doors that add to the home’s inviting feel. Step inside, and you are greeted by a bright and welcoming living room featuring a cozy woodburning fireplace and stunning wood floors that flow through the entire home. Newer interior paint and window treatments/blinds throughout as well. Adjacent to the living room, the dining room showcases a stylish new light fixture, creating the ideal ambiance for family meals or entertaining. An additional sitting area seamlessly transitions into the kitchen featuring a bar area with new cabinetry and an under-counter wine refrigerator. The kitchen boasts a modern backsplash and new dishwasher, both functional and stylish. The gorgeous primary suite features vaulted ceilings, custom closet systems, French doors that open to a private patio, complemented by a new dedicated mini-split air-conditioning unit and a remote-controlled shade for the upper window. The primary bath is a sanctuary, fully renovated with a new vanity, flooring, lighting and a luxurious shower. The secondary bedrooms are spacious with custom closets, decorative window treatments and new ceiling fans. The second full bath has been completely renovated as well, featuring a new shower and tub, flooring and updated lighting. Enjoy your morning coffee or unwind with an evening glass of wine on the inviting open patio, surrounded by lush landscaping that offers privacy with a new perimeter fence. Additional major upgrades include a new roof in 2020 and a new air-conditioning system in 2023. Near Lake Adair and a short distance or drive to the vibrant shopping and dining on Edgewater Drive, this home offers the best of tranquility and convenience. Enjoy quick access to downtown Orlando and downtown Winter Park, and The Country Club of Orlando, making this home a gem in one of Orlando's most sought-after neighborhoods.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Style: Ranch
  • Year Built: 1946
  • Heating: Central
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 1,706
  • Acreage: 0.15
  • Est. Taxes: $6,597
  • Lot Desc: City Lot, Level
  • Elem. School: Lake Silver Elem
  • Middle School: College Park Middle
  • High School: Edgewater High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Wine Refrigerator
  • MLS#: O6239950
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/O6239950/1216mercedesplace_orlando_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 11/9/2024 7:47:06 PM)
Listing courtesy of PREMIER SOTHEBY'S INTL. REALTY   Phone: 407-644-3295

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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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1216 Mercedes PLACE, Orlando, FL, 32804

$699,000

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 $559,200 $559,200 $559,200
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 7.551% 7.042% 6.160%
Monthly Tax Payment $550 $550 $550
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,720 $3,674 $4,716
Total Monthly Payment $4,362 $4,316 $5,358

* 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.