725 Mahogany LANE, Altamonte Springs, FL, 32714 | $375,000

Welcome to your private oasis! This home, situated on an expansive lot of nearly one acre with no HOA, offers a rare blend of tranquility and convenience. Embrace the serenity as this property backs up to the Little Wekiva River which has just undergone a $4 million renovation project to beautify the river and the property! This turnkey residence has 3 bedrooms and 2 bathrooms with the easy maintenance of ceramic tile and laminate flooring throughout most of the home. A large portion of the yard is fenced. The original garage has been partially enclosed and transformed into a bonus room -- leaving some storage space from original garage. This additional living space provides flexibility for various needs, such as a home office, gym or bonus room. For those who prefer a traditional 2-car garage, the conversion can be easily reversed. The prime Seminole County location of this home allows for easy access to the Altamonte Mall, restaurants and major highways. Navigate Central Florida with simplicity, exploring all the region has to offer. The A/C unit was replaced in 2022. Don't miss the opportunity to make this unique property your own!

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Year Built: 1979
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,721
  • Acreage: 0.78
  • Est. Taxes: $1,078
  • Lot Desc: Street Dead-End
  • View: Water
  • Elem. School: Spring Lake Elementary
  • Middle School: Teague Middle
  • High School: Lake Brantley High
  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • MLS#: O6246396
  • Days on Market: 38 days
  • Website: https://www.raveis.com
    /prop/O6246396/725mahoganylane_altamontesprings_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 11:17:08 AM)
Listing courtesy of Coldwell Banker Realty   Phone: 407-333-8088

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

725 Mahogany LANE, Altamonte Springs, FL, 32714

$375,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $300,000 $300,000 $300,000
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 $90 $90 $90
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,996 $1,994 $2,572
Total Monthly Payment $2,161 $2,159 $2,737

* 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.