Under contract-accepting backup offers. **This property qualifies for a closing cost credit up to $2, 300 through the Seller’s preferred lender. **Located in the desirable Chelsea Oaks community, a quiet neighborhood with LOW HOA, this immaculate MOVE-IN READY 3-bedroom 2-bathroom home will come with a NEW ROOF! Situated on a . 18 acre lot with mature landscaping and NO rear neighbors, you're sure to enjoy the space and privacy this property offers. This charming home features great curb appeal, a semi open and split floorplan with an abundance of natural light, a formal dining room, contemporary bathrooms, and an updated kitchen with stainless steel appliances, stylish hardware and backsplash, plenty of counter space and a breakfast bar that overlooks the family room, with direct access to the back patio. The primary bedroom is generous sized with a walk-in closet and an ensuite with a dual sink vanity, a walk-in shower, and a garden tub. The backyard is fenced-in and spacious with enough room to add a playground, a summer kitchen… Build your own outdoor oasis and enjoy the Florida weather all year round in the privacy of your own home! Conveniently located near downtown Tavares and the eclectic shopping, numerous dining options and an array of events and activities in downtown Mount Dora, this home is truly a gem! Schedule your private showing today!
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William Raveis Mortgage, LLC
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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 | $251,200 | $251,200 | $251,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $221 | $221 | $221 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,671 | $1,670 | $2,118 |
Total Monthly Payment | $1,966 | $1,965 | $2,413 |
* 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.