![]() |
Sought after Tamar Model Single Family SOLAR Home located in the Crescent Ridge III neighborhood of On Top of the World, a premiere 55+ gated golf community in SW Ocala FL. This like new 2021 OPEN CONCEPT home has only been used seasonally, so just like brand new! This 2 bedroom, 2 bath, large Flex room, 2-car garage home is located on a quiet street with no homes directly behind. Upgraded features no longer available in the “new construction homes” include Solar panels (100% paid for and warranty fully transferable), home automation and Ring security system. $30, 000 in upgrades at construction include the following: Level 6 floor tile laid on the diagonal throughout the home. Level 6 tile in showers & both bathrooms & upgraded frameless shower doors. Upgraded kitchen cabinets with multiple drawers and granite counters and back splash. Crown molding in main living area. Custom master closet built-ins with mini fridge area! All stainless steel appliances are included with upgraded dishwasher. All custom, decorator window treatments are included – even a sunshade on the lanai! The monthly HOA fee includes roof repair, exterior painting every seven years, exterior maintenance and insurance, landscaping, curbside trash & recycling pickup, mail delivery, 24/7 guarded gates and all the amenities that OTOW has to offer; three pools (2 outside & 1 inside), two state of the art fitness centers, pickleball, billiards, archery range, corn hole, bocce ball, tennis, shuffleboard, horse shoes, remote control flying field and race cars, 175+ clubs, woodworking shop (extra fee), library, and much, much more! A golf cart community with access to three shopping centers. This beautiful concrete block construction home is located on rented land with a 99-year land lease - buyers will receive a leasehold estate ownership deed - willable, transferable, sellable property. The home is in the maintenance free area of On Top of the World - exterior maintenance, landscaping, etc. , are taken care of by the HOA.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$289,000
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 | $231,200 | $231,200 | $231,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $359 | $359 | $359 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,461 | $1,519 | $1,935 |
Total Monthly Payment | $1,895 | $1,953 | $2,369 |
* 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.