1015 Lake Emerald DRIVE, Orlando, FL, 32806 | $499,500

Rare gem available directly across from Lake Emerald in the amazing Lake Weldona area adjacent to the affluent Bel Air, Delaney Park, and Lake Davis neighborhoods! Downtown living at its finest without the HOA fees of living in a downtown condo and this property comes with lots of parking. Your new lake front oasis is a 5 minute walk to 903 Mills Market for breakfast/lunch/dinner, or a quick 5 minute drive to the bustling downtown area, Thornton Park, or the Hourglass District, all full of restaurants and shopping! Zoned for Lake Como (k-8) and Boone High School (9-12) which are highly sought after top-notch schools and both close enough to walk, or ride a bike. This home has a large front yard full of lush oak trees that you will love and a backyard with a large shed for storage, all located on a large corner lot in between Lake Emerald Park and Lake Weldona Park. There is a 30 amp power hookup and room for a RV/Boat with no HOA restrictions in the backyard. Split plan with two bedrooms on one side and a large master bedroom boasting a fireplace and huge walk-in closet on the other. You’ll love this amazing 3/2 in this quiet downtown neighborhood with everything it has to offer! The convenience is unmatched by being 20 minutes from the Orlando International Airport and going anywhere in Orlando by taking I-4 and 408 to get quickly to 528, the Turnpike, I-95, or 417. This property will not last long.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Style: Florida
  • Year Built: 1951
  • Garage: Driveway, Guest, Off Street, On Street, Parking Pad
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,251
  • Acreage: 0.25
  • Est. Taxes: $4,798
  • Lot Desc: Corner Lot, City Lot
  • View: Garden, Park/Greenbelt, Trees/Woods, Water
  • Elem. School: Lake Como Elem
  • Middle School: Lake Como School K-8
  • High School: Boone High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8304765
  • Days on Market: 58 days
  • Website: https://www.raveis.com
    /prop/TB8304765/1015lakeemeralddrive_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 11/22/2024 10:09:22 PM)
Listing courtesy of HOME SOLD REALTY   Phone: 833-700-2782

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1015 Lake Emerald DRIVE, Orlando, FL, 32806

$499,500

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 $399,600 $399,600 $399,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $400 $400 $400
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,659 $2,656 $3,426
Total Monthly Payment $3,134 $3,131 $3,901

* 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.