Escape the city's hustle and bustle while still being just a few minutes away from all the action. Let me introduce you to 5337 Fallen Leaf Dr. Picture starting your day in this beautiful waterfront home with 4 bedrooms, 3 full baths, located in the serene community of Magnolia Park between Riverview and Tampa. Upon entering the gated community, you will notice the well-maintained, palm tree-lined sidewalks which create a tropical ambiance. As you drive through, you might even wave to your potential future neighbors as they take their daily walks. Pulling into the driveway, you will be charmed by the perfectly positioned home, facing east and capturing the essence of the sunrise. The front of the home gleams, with a spacious driveway & color-changing exterior lights leading to a 2-car garage equipped with built-in ceiling racks for extra storage space. Walking up to the front door, you will enter through an Anderson 3000 ventilating glass door, allowing natural light in without the heat or bugs. As you step inside, you will be greeted by a well-organized space with a tranquil water view. The home features a 2-level floor plan, with the main living areas, a full bedroom & a full bathroom located downstairs. The relaxing living room is adjacent to the kitchen & spacious enough for any size of furniture. The kitchen overlooks the water, providing a perfect view of the sunset while preparing dinner. Well-appointed with Whirlpool stainless steel appliances, granite countertops, & plenty of cabinets, this kitchen will satisfy any chef. Opening the sliding glass door leads you to the brick paver patio with a shingle roof & ceiling fan - the ideal spot to unwind & enjoy breathtaking sunset views over the pond. Upstairs, you will find an expansive loft suitable for various uses. Off the loft are 2 additional guest bedrooms, a full bathroom, a laundry room, & the owner’s suite. The laundry room is functional & includes an LG washer and dryer. The owner’s suite is a spacious haven, overlooking the peaceful pond, and equipped with a large walk-in closet and en-suite bathroom featuring a glass-enclosed walk-in shower, granite counters, & double sinks. Additional features of the home include large closets and a Culligan's water softener & reverse osmosis system. This home effortlessly blends indoor & outdoor space & boasts the ideal balance of bedrooms to living space. Living in Magnolia Park is like living in a resort, with tropical palm tree-lined sidewalks, walking trails, & ponds teeming with wildlife. The community offers 3 resort-style pools, a playground area, a splash pad for kids, & a basketball court, making you feel like you’re on vacation all year round. With top-notch schools, one of the lowest CDDs in the area, & the HOA taking care of your lawn, this amazing opportunity is not to be missed. Located only 5 mins from Publix, Starbucks & many other restaurants as well as I-75 & the Crosstown Expressway the location is unbeatable! Schedule your showing today!
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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 | $328,000 | $328,000 | $328,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $419 | $419 | $419 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,993 | $1,993 | $2,592 |
Total Monthly Payment | $2,487 | $2,487 | $3,086 |
* 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.