Ideal for comfortable living and entertaining, the Bellagio/700 model is one of the most desirable floor plans in Valencia Lakes. Built in 2016, this lovely well-maintained home features three spacious bedrooms, a den/office or a fourth bedroom and three full baths. With 10–11-foot ceilings, this open-concept layout seamlessly connects the great room to the modern kitchen with 42-inch cabinets, soft close rollout drawer’s extensive pantry space and under-cabinet lighting. Enjoy cooking with a double oven, stainless steel appliances, a large granite topped center island and casual dining space overlooking the pond. Off the kitchen and great room is the main dining room providing plenty of seating for gatherings this holiday season. Enjoy beautiful sunsets from the screened-in patio overlooking the pond, extended pavers and fenced-in backyard ideal for your pets. The Bellagio floor plan offers plenty of privacy with a split bedroom floor plan. The large primary bedroom has two walk-in closets, a coffered ceiling and three bay windows overlooking the pond. The en-suite primary bath has two separate vanities, extensive mirrors, a huge walk-in shower with floor-to-ceiling tile and a separate water closet for the commode. The remaining bedrooms are spacious with ample closet space. Should you need an office or den it is large enough to accommodate two functional workspaces or a private space away from the main living space. The laundry room features a handy utility sink, upper cabinets above the washer and dryer provides storage. In the oversized two-car garage is the water softener system. The opportunity to have a separate single-car garage for a golf cart, workshop or extra storage completes this well-planned home. Pull-down hurricane shutters offer ease of use and comfort when needed. Valencia Lakes is gated-guard entry, maintenance-free lawn and irrigation. Fantastic clubhouse with resort, lap and resistance pools and hot tub. Locker rooms, steam and sauna, and 24-hour fitness with numerous classes. Bistro serves lunch daily, breakfast on weekends and some dinners. Social hall offers events. Multiple activities are offered such as billiards, ping pong, art classes and cards. Fantastic outdoor sports include tennis, pickleball shuffleboard, bocce ball and basketball. RV/boat storage, community garden and dog park to complete the amenities.
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William Raveis Mortgage, LLC
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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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $493 | $493 | $493 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,684 | $3,589 | $4,554 |
Total Monthly Payment | $4,269 | $4,174 | $5,139 |
* 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.