Welcome home to this move-in ready 2-bedroom, 2-bathroom home located on the 2nd floor in the gated community of Magnolia Club with a 2-year-old roof. With a 1-car garage on the front, you can access the home through the side entrance bringing you up the stairs leading you to your home with a brand-new AC! The open concept layout features the kitchen right off the stairs with 2 sets of sliding glass doors leading out to the balcony. The kitchen features lighter cabinetry with stainless steel appliances and a large pantry. This split floor plan has the primary bedroom to the left with an ensuite and the secondary bedroom through the hall with the updated guest bathroom on the right with the laundry room. This home is within a secure, gated community, providing you with the utmost safety while also offering a community pool to relax at on the weekend and a scenic walking trail and pond just steps from your front door with cable TV and water included in your monthly HOA payment. Conveniently located in Sanford, you'll have easy access to shopping, dining, entertainment, and all the attractions the city has to offer. Plus, conveniently located near major highways for hassle-free commuting. Don't miss this incredible opportunity to make this Sanford townhome your own. Whether you're a first-time buyer, looking to downsize, or seeking a fantastic investment property, this townhome checks all the boxes. Schedule your private showing today!**This property qualifies for a closing cost credit up to $1, 900 through the Seller’s preferred lender. **
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$259,000
William Raveis Real Estate
Phone: 888.699.8876
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 | $207,200 | $207,200 | $207,200 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $275 | $275 | $275 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,379 | $1,377 | $1,747 |
Total Monthly Payment | $1,729 | $1,727 | $2,097 |
* 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.