Great opportunity to own a 3 bedroom 2 bathroom home on half an acre with lake access. This home was built in 2005 but the water heater, ac and well pump were recently replaced. The kitchen has some newer appialnces and the living room and dining room have upgraded vinyl plank flooring. There is a 26 x 12 screened porch on the back and a fenced area for a dog run. The kitchen provides a dinette area and has a breakfast bar. The house has a 2 car garage with side entry and there's a 30 amp RV breaker just outside the garage. There's also a 2 car carport that offers additional covered parking. This community offers lake access to Lake Walk in Water, the largest surface area lake in Polk County well known for it's fishing, wild life and water sports. Indian Lake Estates has a community boat ramp, marina and lakeside pavilion. Other amenities include 18 and 9 hole golf course, tennis courts, 23, 000 sq. ft. clubhouse, cafe, post office, churches, library, pro shop, fitness room and playground. Located just off SR 60, East of Lake Wales and less than 2 hours from the East and West coast beaches of Florida. River Ranch Resort is minutes away, so you can enjoy everything it has to offer, especially the Saturday evening Rodeo. Bok Tower Gardens and Spook Hill are 15 minutes away, LegoLand Florida is 45 minutes away and the Central Florida attractions are only 90 minutes away so there's always plenty to do. Or you can stay home and sit on the screened porch and enjoy the local wildlife including turkey, deer, bobcats and foxes.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.490% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.681% | 6.678% | 6.034% |
Monthly Tax Payment | $234 | $234 | $234 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,501 | $1,389 | $1,827 |
Total Monthly Payment | $1,810 | $1,698 | $2,136 |
* 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.