Rare opportunity with this remodeled 4 bed, 3 bath corner lot home located in the beautiful Magnolia Wood community. This 2, 400 sqft residence, located in the golf cart district and set on over half an acre, offers an ideal setting just steps from Lake Apopka. As you enter, you are welcomed into an expansive open concept living space, featuring vaulted ceilings and luxury vinyl flooring for a bright and cohesive ambiance. The stone fireplace serves as a captivating centerpiece, adding warmth and character to the home. The kitchen boasts stainless-steel appliances, a large island with bar-top seating, and a pass-through window. A cozy breakfast nook overlooks the front yard, and just off the kitchen, you'll find an indoor utility room and a versatile bonus space—perfect as a second master suite or mother-in-law suite, complete with an attached full bathroom. The primary bedroom suite, along with two additional bedrooms, offers plenty of space for comfort and relaxation. Step through the French doors onto a sunlit enclosed porch with wall-to-wall windows, perfect for enjoying the tranquil surroundings. The fully fenced backyard is a blank canvas, ready for your personal touch. With no HOA, this property offers flexibility and is conveniently located near downtown Winter Garden, major roadways, shopping, dining, and Lake Apopka’s boat launch. Interior painted & Cabinets professionally April 2023.
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William Raveis Real Estate
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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 | $459,920 | $459,920 | $459,920 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $509 | $509 | $509 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,060 | $3,057 | $3,879 |
Total Monthly Payment | $3,661 | $3,658 | $4,480 |
* 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.