Under contract-accepting backup offers. An exceptional Mediterranean-inspired pool home, nestled on an oversized . 75-acre lot in the heart of one of the city’s most sought-after neighborhoods. This rare gem offers a perfect blend of privacy, space, and convenient proximity to vibrant downtown life. The lushly landscaped, fenced backyard provides both seclusion and an ideal setting for entertaining family and friends. Recent updates include: TWO NEW AC UNITS 2022, NEW ELECTRICAL COMPLETED IN 2024, PLUS re-plastered ceilings and walls where needed, fresh interior and exterior paint, and a fully refreshed kitchen featuring newly painted wood cabinets, new countertops, a stylish tile backsplash, a new sink, and brand-new 2024 stainless-steel appliances including a stove, refrigerator, dishwasher, and microwave. New light fixtures throughout the home enhance its Mediterranean charm, while the guest bathroom boasts updated tiled floors. The sitting area is equipped with a natural gas tankless hot water heater, ensuring energy efficiency. Additionally, the basement offers over 300 sq. ft. of heated and cooled space, perfect for an exercise room, game room, teenage hangout or additional storage. The expansive outdoor patio area includes a pool, hot tub, and plenty of space for outdoor gatherings. A separate storage building, once used as an office, adds further versatility to the property. The lawn is irrigated with well water, ensuring low cost lush landscape year-round. Metal roof resembles barrel tile. Ideally located, the home is just steps from Stetson University, where you can catch basketball games at the Edmunds Center, or enjoy nearby tennis and soccer facilities. Downtown DeLand’s renowned restaurants, shops, and community events are all within walking distance, while easy access to Daytona and New Smyrna Beach offers a convenient coastal escape. This home is also close to local hospitals and schools, making it a prime location for all your needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$768,000
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 | $614,400 | $614,400 | $614,400 |
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 | $696 | $696 | $696 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,088 | $4,083 | $5,181 |
Total Monthly Payment | $4,876 | $4,871 | $5,969 |
* 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.