STUNNING 2023 5 BEDROOM, 3 BATHROOM HOME IN THE DESIRABLE MINNEOLA HILLS COMMUNITY - Welcome to the exquisite, move-in ready home built by Meritage Home Builders in 2023 that is nestled in the rapidly growing and highly sought after Minneola Hills Community. With 5 spacious bedrooms, 3 modern bathrooms, and over 2600 square feet of living space, this pristine property offers the perfect balance of style, comfort and functionality. Step inside to discover a bright, open-concept floor plan with upgraded lighting throughout, adding a touch of elegance to each room. With a large bonus room and private office this home has utilized the space perfectly. The beautifully designed stair railing enhances the home's atmosphere while the fully fenced backyard provides privacy and a safe haven for family gatherings, pets or outdoor relaxation. Conveniently located close to the Florida Turnpike and the charming town of Clermont, you will enjoy easy access to nearby shopping, dining and recreation. This does not include all of the retail, medical and shopping being built minutes away including the Crooked Can Brewery and new hospital. The community is expecting the clubhouse with pickleball, tennis and a resort style pool to be completed in 2025/26. Do not miss the opportunity to own this like-new gem in of of Central Florida's most promising communities. Schedule your showing today!!!
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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 | $468,000 | $468,000 | $468,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $227 | $227 | $227 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,110 | $4,013 |
Total Monthly Payment | $3,512 | $3,429 | $4,332 |
* 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.