3481 Lazy River TERRACE, Sanford, FL, 32771 | $489,000

Under contract-accepting backup offers. **This property qualifies for a closing cost credit up to $3, 600 through the Seller’s preferred lender. **
**IMMACULATE 2021 BUILT 3 Bedroom 2 ½ Bathroom home with a dedicated office and a bonus room in the desirable community of Riverside Reserve in Sanford! The home features contemporary upgrades and a spacious and open floorplan with tons of natural light. The bonus room is located downstairs next to the half bath and makes for the perfect guest room, hobby room, gym, or play room. The dedicated office is towards the anterior of the home complete with french doors. The living/family room flow seamlessly to the kitchen and dining room with a beautiful view of the outdoor space. The kitchen offers a timeless design with a large island, stainless steel appliances and plenty of cabinets and counter space. The owner’s suite, along with 2 generous sized bedrooms, and laundry room are located upstairs. The owner's ensuite offers 2 large walk in closets and a spacious bathroom with dual sinks, a make up station, and a walk in shower. Additionally, there is a huge loft space that makes for the perfect media room or game room. Step outside and enjoy the Florida weather all year round in your private, partially fenced backyard. Add a pool, a summer kitchen, or a playground - there is plenty of space for your own private outdoor oasis! This home pris situated with easy access to local amenities while offering a peaceful neighborhood setting. Whether you enjoy outdoor activities, local festivals, or exploring Sanford’s historic downtown and amazing shopping and dining options, and all that Central Florida has to offer, this home is not to miss! Schedule your private showing today!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room, Upper Level
  • Year Built: 2021
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,748
  • Acreage: 0.14
  • Est. Taxes: $4,597
  • HOA Fee: $185 Quarterly
  • Elem. School: Hamilton Elementary
  • Middle School: Millennium Middle
  • High School: Seminole High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6241069
  • Days on Market: 23 days
  • Website: https://www.raveis.com
    /prop/O6241069/3481lazyriverterrace_sanford_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 11/10/2024 2:17:08 PM)
Listing courtesy of KELLER WILLIAMS REALTY AT THE PARKS   Phone: 407-629-4420

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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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3481 Lazy River TERRACE, Sanford, FL, 32771

$489,000

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 $391,200 $391,200 $391,200
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 $383 $383 $383
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,603 $2,570 $3,299
Total Monthly Payment $3,061 $3,028 $3,757

* 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.