This 3-bedroom, 2-bath home is more than charming. The home was completely renovated in 2024, and it features a 300-square foot enclosed, air conditioned, patio with vinyl window covers that can be removed so you can enjoy the screened windows and cooler weather. Attached to the screened patio is a 120-square foot outdoor patio under the shade of mature trees. The back of this charming home is fenced, and it faces out into an open field as far as the eye can see. Homeowners on this side of Plantation Street call it their 'million dollar view, ' and it doesn't disappoint. Featuring a split floorplan, this house is equipped with all new flooring and granite countertops in both bathrooms as well as the kitchen. All three bedrooms are large, and the guest bedroom closets feature an organizational system within. Furthermore, this home features brand-new windows installed in 2024, a new roof as of 2022, and the HVAC was replaced in 2017. The 2-car garage features a sliding screen door as well as both upper and lower cabinetry to make storage both convenient and organized. The laundry room features upper cabinets for storage, and ample space. A door leading out to the back patio is located in the guest bathroom if ever a pool is added to the house. This home is located in Rainbow Lakes Estates and features no HOA fees. The community is equipped with access to the lake. The lake features a boat ramp and a dock, a playground, picnic tables, and a community center. You will also find a community shuffleboard court, all located nearby. Only a 10-minute drive from Dunnellon and the beautiful Rainbow Springs, this home is conveniently located to all that this part of the Florida lifestyle , which includes a 30-minute drive to Ocala, less than 45-minutes to Gainesville, and only 30-minutes to Crystal River’s King’s Bay and Three Sisters Springs. The best part about this house? It is not located in a Flood Zone.
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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 | $263,920 | $263,920 | $263,920 |
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 | $272 | $272 | $272 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,756 | $1,754 | $2,263 |
Total Monthly Payment | $2,103 | $2,101 | $2,610 |
* 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.