701 Timbercrest DRIVE, Leesburg, FL, 34748 | $289,900

Under contract-accepting backup offers. Welcome to your dream home! located in Pennbrooke Fairways a gated 55+ community. This stunning and well cared for property has 3 bedroom, 2 baths, and a 2-car garage with a new electric screen door. From the moment you step inside, you will be captivated by the spacious open floor plan that nicely flows from the living rm to the dining rm and kitchen. The perfect space for entertaining family and friends. But that's not all, the kitchen has beautiful quartz counter tops (2024) and all new appliances in 2023, new roof in 2017, HVAC 2022, and a new hot water heater in 2017. The inside laundry rm has everything you need for your convenience a washer/dryer, sink, cabinets and counter space. All windows include attractive plantation shutters and verticals on sliders. Floors through-out, no carpet. The master bedroom has plenty of ample space including an En-suite which has 2 separate vanities/ sinks, garden tub and a step-in shower. There are solar tubes in the kitchen and living rm for extra natural lighting. All furniture and contents in the home are included (see pictures). Best of all, enjoy relaxing with a cup of coffee or your favorite drink in the large, enclosed lanai. There is also an outside patio area which is a perfect spot for your grill. Don't miss out on this incredible opportunity! This is a must see!! Pennbrooke Fairways is an active 55+gated community, which offers so many amenities to enjoy. The community website offers virtual tours of the amenities and their golf courses (www. pennbrookefairways. org). Conveniently located within minutes of Publix, Walgreens, and The Villages Brownwood Town Square. . . where there is plenty of shopping, dining, medical and entertainment. The monthly HOA fee ($250) includes mowing, edging, cable and internet.

Features

  • Amenities: Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Golf Course, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Tennis Court(s)
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Style: Ranch
  • Year Built: 1997
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,645
  • Acreage: 0.15
  • Est. Taxes: $1,678
  • HOA Fee: $250 Monthly
  • Lot Desc: In County
  • Adult Communities: Yes
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • MLS#: G5088441
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/G5088441/701timbercrestdrive_leesburg_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 9:39:15 PM)
Listing courtesy of ERA GRIZZARD REAL ESTATE   Phone: 352-787-6966

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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
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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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701 Timbercrest DRIVE, Leesburg, FL, 34748

$289,900

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 $231,920 $231,920 $231,920
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 $140 $140 $140
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,543 $1,541 $1,989
Total Monthly Payment $1,758 $1,756 $2,204

* 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.