The seller is excited to help you purchase this great waterfront home and is WILLING TO ASSIST YOU WITH UP TO $4000 to help you buy down your interest rate, help with closing costs, or to help with your down payment (with acceptable offer at seller discretion; ask your agent for details). Where else are you going to find a move in ready waterfront home for under 500k with NO HOA!? This isn't just a "waterfront" pond. . . this is on a canal along the Harris Chain of Lakes! It is one of the newer homes in the neighborhood and is ready for you! Come and see for yourself so you don't miss out on a great opportunity for waterfront living at a great price. With no rear neighboring homes, the property backs up to a wholesale landscaping company so your view beyond the canal is primarily fields of trees and plants. It is a great way to enjoy a bit of privacy in your beautiful and shady backyard. As you enter the home, you'll step into the living room alongside a formal dining space. You'll enjoy the view through the back windows and find lots of natural light as you continue through the home. There is a family room which adjoins the kitchen. This is great for entertaining or being able to watch the game on TV while you prepare your meal or snacks. The primary suite is on one side of the home and has great views of the backyard thanks to huge windows and a private exit into the Florida Room. The primary suite also has dual sinks, a walk in closet, and separate tub/shower along with separate water closet. Across the home, next to the family room, you will find two bedrooms and a guest bathroom. At the front of the home, next to the entry, is a 4th bedroom currently being used as an office. All bedrooms have closets so there is plenty of storage throughout. Outside, there is nice shady backyard with a beautiful deck that is large enough for grilling, table and chairs, and mingling with your guests as you prepare the days catch on the grill. The yard has plenty of room to add more amenities if you like. There is a gate in the fence leading to the back yard from the side of the property so you can park your trailer or other toys. Venetian Village is a popular waterfront community with easy access to toll roads to commute throughout Central Florida. You are just 15-20 minutes in either direction to shopping and other services as well as the downtown areas of Tavares and Mount Dora. By boat, you are about 20-25 minutes to the downtown public docks in on Lake Dora so you can enjoy a boat ride to dinner and skip the parking hassles when going by car. This is currently the most affordable move-in ready home in this community so make your appointment today to come and see your next home!
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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 | $395,200 | $395,200 | $395,200 |
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 | $297 | $297 | $297 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,629 | $2,627 | $3,389 |
Total Monthly Payment | $3,001 | $2,999 | $3,761 |
* 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.