Under contract-accepting backup offers. This quintessential mid century ranch style home sits on almost 1 ACRE OF LAND ON SKIABLE LAKE ARNOLD (perfect for bass fishing!) in the highly sought after Dover Shores neighborhood and zoned for top rated Lake Como K-8 and Boone High School is ready for new owners. Boasting 4 large bedrooms (2 PRIMARY SUITES) and 3. 5 bathrooms with over 2, 500 sq ft and a 2 car garage, this really is a DOWNTOWN ORLANDO GEM that you do not come across often! Tucked away under beautiful and majestic oak trees, you forget you are located so close to everything that downtown Orlando has to offer including the new Hourglass District (within walking distance) that offers shopping and restaurants, The Milk District, Thornton Park, Lake Eola, Mills 50 and so much more! The interior of this home offers large and open living spaces, all of them with VIEWS OF THE LAKE, and ample space to spread out and entertain. Just off the foyer, is the more formal living room with large windows that allow a flood of natural light into the home. The kitchen is perfectly situated to the left of the foyer and offers a ton of cabinet and counter top space and overlooks the massive dining room that then leads into the substantially sized family room. Featuring vaulted ceilings and a plethora of living space, your family room offers a beautiful stone clad wood burning fireplace and incredible views of Lake Arnold. With a split bedroom floor plan, your main primary suite is located on the rear left side of the home with beautiful views of Lake Arnold along with the same stone clad wood burning fireplace that the family room enjoys. The french doors just off the primary bedroom allow you to easily enjoy a coffee or an afternoon refreshment on the massive back porch. The ensuite bathroom showcases a great stand up shower along with a walk in closet. A perfectly placed half bathroom just off the family room is perfect for guests while you are entertaining. On the complete opposite side of the home sits your secondary primary bedroom with en suite bathroom along with your (2) additional guest bedrooms that share an ample sized full bathroom. The indoor/outdoor living of this home is spectacular with a large covered porch overlooking Lake Arnold along with a secondary uncovered porch space perfect for an al fresco lunch. The size of this lake front lot leaves plenty of room for your dream pool or the guest house you have always been wanting! Make sure to put this on your must see list as it won't last long! This truly is a one of a kind downtown Orlando gem! ROOF 2017 and UPDATED PLUMBING!
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $695,920 | $695,920 | $695,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $558 | $558 | $558 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,456 | $4,456 | $6,110 |
Total Monthly Payment | $5,106 | $5,106 | $6,760 |
* 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.