One or more photo(s) has been virtually staged. UPDATED BLOCK HOME close to Lake Underhill and Downtown Orlando with a NEW ROOF (2024), NEW DOUBLE-PANE WINDOWS (2024), NEWER DRAIN FIELD (2020), NEWER WATER HEATER, UPDATED PLUMBING, RENOVATED KITCHEN & PRIMARY BATH, a large FENCED YARD and NO HOA! Welcome to Morocco Ave and your new *home sweet home* whether you are in the market for an ideal investment property or a first home to make your own. The . 18 ACRE LOT includes mature trees as well as a 15x13 DETATCHED WORKSHOP/SHED complete with a MINI-SPLIT A/C for added work space, hobbies or climate-controlled storage. There are spacious living and dining areas on either side of the renovated kitchen, delivering a modern space for the home chef that includes desirable SHAKER STYLE CABINETRY with soft-close, STAINLESS STEEL APPLIANCES, stone countertops, a stylish backsplash and plenty of storage. There are two guest bedrooms sharing a full guest bath and your PRIMARY SUITE features DUAL CLOSETS and a private en-suite bath, also renovated to reflect the same fresh modern color palette as the kitchen. The massive SEPARATE LAUNDRY ROOM at the back of the home includes cabinets and extra room for storage. In a great central location you are just minutes from major roadways like SR 408, 436, 50 and Lake Underhill Road for easy access to Downtown Orlando, shopping, dining, parks and the Orlando International Airport. The established community, great location and NO HOA make this home an easy YES!
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Our Executive Mortgage Banker:
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$350,000
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 | $280,000 | $280,000 | $280,000 |
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 | $300 | $300 | $300 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,861 | $2,401 |
Total Monthly Payment | $2,238 | $2,236 | $2,776 |
* 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.