Conveniently located in one of the premier 55+ communities, Lake Frances Estate, this 2 bedrooms 2 bath home offers plenty of space. It has a newly remodeled eat in kitchen (2024) with soft closed cabinets, quartz countertops and a deep stainless sink. The stove and dishwasher are new as well, the living room has 6 large windows which were replaced in 2022 with impact resistant hurricane glass. The rest of the windows were also replaced making the home more energy efficient. there is a Florida room with a window AC unit off the living room. The roof was sealed in 2023, and a new 8' X 14' shed was purchased in 2023, and is wired with electric. There is a shed with laundry hookups and a functioning sprinkler system that runs off a well. The community features 2 swimming pools, one heated indoor, a Billard and card room, a beautiful clubhouse, shuffleboard, a community dock and boat ramp to a private lake and TV/Bost storage for a minimal fee. Because you own the land, the POA fee for all these amenities is only $40. 25/month. This community as well as the city of Tavares is a golf cart approved. You may take your golf cart to downtown and appreciate the spectacular sunsets and enjoy the food in many restaurants cooked by some of the famous chefs. Go shopping with your golf cart even grocery shopping at the nearby grocery store, maybe have your nails done yet just spoiled yourself because you deserve it. From Tavares you are only a few minutes away from the villages or Orlando. Closed to Disney and other attraction Parks. Guests coming in town or need to fly somewhere? you are just a few minutes away from the international airport and Sandford airport.
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Our Executive Mortgage Banker:
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$187,900
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 | $150,320 | $150,320 | $150,320 |
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 | $123 | $123 | $123 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,000 | $999 | $1,289 |
Total Monthly Payment | $1,198 | $1,197 | $1,487 |
* 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.