CLOSING COST INCENTIVE ALERT! Seller is offering a $5, 000 credit at closing toward the HOA special assessment! Discover the perfect blend of comfort and convenience in this beautiful fourth-floor 2-bedroom, 2-bathroom condo with serene lake and conservation views, located in the highly desirable Lake Lotus Club. Situated within an A-rated school district, you’ll have access to Bear Lake Elementary, Teague Middle School, and Lake Brantley High School.
With unbeatable access to I-4, SR 414, SR 436, and SR 434, this condo is just minutes from Altamonte Springs Mall, Cranes Roost Park, Seminole College, and Wekiva State Park, making it an ideal spot for work, school, and leisure.
This charming unit boasts numerous upgrades, including fresh paint, natural wood closet doors, new doors and hardware, and wood-plank style laminate flooring in both bedrooms. The HVAC system was replaced in December 2022, and a new electrical panel was installed in April 2022. A detailed list of upgrades is available upon request.
Enjoy the convenience of in-unit laundry, extra storage, and easy elevator access within the building. The community offers a host of resort-style amenities, including a pool, tennis court, playground, cabana area, racquetball courts, and a car wash station. A special assessment is in progress to further enhance this beautiful community.
With its gorgeous views of the lake and surrounding nature, this gem won’t be on the market for long!
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Our Executive Mortgage Banker:
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$179,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $143,200 | $143,200 | $143,200 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $203 | $203 | $203 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $953 | $952 | $1,208 |
Total Monthly Payment | $1,231 | $1,230 | $1,486 |
* 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.