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PRICE ENHANCEMENT! Welcome to your Dream Home in the highly sought-after community of Bay Lakes in Dr. Phillips. This 2551 sq. ft. 3 bedroom-2 bath plus Bonus area home offers a versatile floor plan. You will be impressed with the meticulously landscaped lawn and cozy front porch when you drive up. Step inside to discover spacious living and dining areas and a huge light and bright kitchen. The spacious kitchen features lots of counterspace, cabinets and newer appliances which include a gas range. Enjoy the view of the Florida Room. The cozy breakfast nook has a wood burning stone fireplace. The large Florida Room provides a relaxing retreat while enjoying the view to the gorgeous fenced backyard. The expansive unfinished Bonus Room can be easily converted to a Primary Bedroom & Bath, Family Room, Movie Theatre, or Playroom with Drywall, Paint, and Flooring. The plumbing and air conditioning is already there. On the other side of the home are three bedrooms, including the primary bedroom and two bathrooms. The Primary Bath has been totally renovated and features gorgeous Tile flooring, double vanities and spacious walk-in shower. The Hall renovated bath features a Pedastal sink and footed free standing tub. Well maintained by the original owner, the home features a 2022 ROOF, GAS WATER HEATER, RENOVATED BATHS, NEW HVAC, TERMITE WARRANTY AND SO MUCH MORE. Nestled on a generous lot, the huge backyard is perfect for outdoor entertaining. Enjoy gardening and relaxing in this one of a kind back yard. Plenty of room to add a Fire-Pit, Summer Kitchen, Game Area, Putting Green or a Pool. Bay Lakes offers residents lake access, a park, a playground, and tennis court, enhancing the neighborhood’s appeal for a nominal HOA Fee. This home is surrounded by top-rated schools, premier shopping, Restaurant Row Dining, churches, major highways, and Orlando’s world-renowned theme parks. Bay Lakes is just a few miles away from the soon-to-open Epic Universe, Universal’s newest Theme Park. Enjoy the benefits of easy access to O-Town West, Dr. P Phillips YMCA, Dr. Phillips Park, Downtown Orlando, Mall of Millenia, Theme Parks, and Don’t miss the opportunity to own a home in one of Orlando’s most desirable communities. Hurry and Schedule an appointment today to view this fabulous home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$630,000
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 | $504,000 | $504,000 | $504,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $307 | $307 | $307 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,144 | $3,311 | $4,219 |
Total Monthly Payment | $3,543 | $3,710 | $4,618 |
* 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.