One or more photo(s) has been virtually staged. Discover waterfront, lakeside living at its finest in this rarely available 3-bedroom, 3-bathroom villa with a one-car garage in the coveted Lake Ellen community! This beautifully updated home offers the perfect blend of comfort and convenience, featuring an open floor plan with tall loft ceilings and plenty of natural light. Enjoy serene lake views from your living room and the newly screened-in lanai, where you can take in the tranquil beauty of Lake Ellen or launch into boating and kayaking adventures with lake access just steps away. Inside, the updated kitchen boasts a pantry, stainless steel appliances, and modern porcelain tile floors downstairs, with durable vinyl flooring upstairs. The spacious layout includes two en-suite bedrooms—one on each floor—offering flexibility and privacy. Cozy up by the wood-burning fireplace and appreciate the thoughtful updates, including a new roof (2018), HVAC (2022), and water heater (2018). The home also features a one-car garage with epoxy flooring, two additional parking spaces, a water softener system, and abundant storage space. With low HOA fees, a prime location, and all the comforts of modern living, this lakeside villa is a rare find. Don’t miss the opportunity to make this gem your new home!
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William Raveis Real Estate
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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 | $311,920 | $311,920 | $311,920 |
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 | $347 | $347 | $347 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,075 | $2,073 | $2,674 |
Total Monthly Payment | $2,496 | $2,494 | $3,095 |
* 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.