1112 Monterey LANE, Lady Lake, FL, 32159 | $235,000

HONEY STOP THE CAR!
NO BOND! GREAT HOME FOR A RENTAL or SNOWBIRD!
This 2 bedroom 1 bath cottage just minutes from Spanish Springs Square is on a cul de sac and backs up to a nature preserve. Perfect for snowbird or easy profitable rental in the Villages over 55 community.
It is hard to believe that this beautiful 33 year old home is better built than some of the new. You be the judge. Must see today!
In immaculate condition. The HVAC was replaced in 2019, New roof and water heater replaced in 2021.
Golf cart garage and enclosed lanai finished in 2001. Designer painted and sealed drive recently redone.
The auto and cart garages have extra shelving both doors are electric, with ample walk around room. Upgraded washer and dryer is in the garage.
Front entry is inviting with easy care upgraded landscape front sides and back.
Pass through kitchen has tasteful wood grain, stain resistant, soft walk linoleum overlooking dining living area. All appliances convey.
Volume ceilings makes rooms feel larger, leading to enclosed lanai overlooking a private preserve and master bedroom with Sliders to lanai.
The master shared bath has the water repellent wood grain linoleum, volume ceiling skylight and glass sliding tub shower, accessible to bedroom #2(guest), which currently has trundle Bed(may be available), and not visible is the overhead cabinetry on wall leading to living area.
Yes this 33 year old built like a rock, well maintained and darn near immaculate home is just a short ride by cart to Spanish Springs Square, with easy cart parking. Nightly free entertainment, gobs of shops, restaurants and stores to enjoy. The CAM for this property for all owner non premium amenities is currently $178/mo. What a deal!

Features

  • Amenities: Fence Restrictions, Gated, Golf Course, Lobby Key Required, Optional Additional Fees, Pickleball Court(s), Pool, Shuffleboard Court, Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 60 x 100
  • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
  • Style: Traditional
  • Year Built: 1991
  • Garage: 1-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 982
  • Acreage: 0.14
  • Lot Size: 60 x 100
  • Est. Taxes: $1,203
  • Lot Desc: Cul-De-Sac, In County, Landscaped, Level, Private
  • View: Park/Greenbelt
  • Adult Communities: Yes
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK, Yes
  • Appliances: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: G5084375
  • Days on Market: 109 days
  • Website: https://www.raveis.com
    /prop/G5084375/1112montereylane_ladylake_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 11/22/2024 2:02:29 PM)
Listing courtesy of GERALD ANTHONY DIETRICH   Phone: 352-516-7797

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1112 Monterey LANE, Lady Lake, FL, 32159

$235,000

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 $188,000 $188,000 $188,000
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 $100 $100 $100
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,251 $1,250 $1,612
Total Monthly Payment $1,426 $1,425 $1,787

* 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.