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Under contract-accepting backup offers. A spacious and solid block 3 bedroom / 2 bath Ranch home with front-facing covered patio, ample driveway, and oversized garage well situated in peaceful "Peppertree" neighborhood in East Orlando fully tiled & freshly painted throughout. Enter to foyer area, coat closet straight ahead, and dining room to the right. To the left you’ll find a large (15’ x 15+’) Living room which can alternatively function as a fourth bedroom or office. Continue to kitchen which is large enough for a dinette table and features a window to porch & front yard, drop ceiling, fridge & range, original cabinetry w/ custom Formica/ply countertops. The home’s floor-plan is “split bedroom” with the Primary on the North side. Primary bedroom features ceiling fan, walk-in closet, and an en-suite bath. The Primary bath was upgraded with a fiberglass shower enclosure. The second & third bedrooms to the South side of home are cozy with standard closets and window views to backyard. The common bath off hallway is spacious with double sinks, a long vanity, updated fiberglass tub/shower enclosure, and a well-placed window for natural light and fresh air. The Family room is central to the home. While accessible from kitchen & hall it also also adjoins the dining room and opens to an expansive tiled Florida room (approximately 540 sq ft) that runs along back of home. The Florida room will capture your imagination offering limitless potential for activities and entertaining and includes ceiling fans, recessed lighting, vertical blinds. The backyard which is privacy fenced provides plenty of room for playtime, BBQ, or entertaining and includes a concrete pad and a large utility shed! The oversized two car garage also offers plenty of space for a shop area. The garage door and the main electrical panel were recently replaced. With the lavish Waterford Lakes Town Center close by, “Peppertree” is centrally located with super easy access to the 408 and 417 corridors & hence to Downtown Orlando and the UCF area. Home is offered "AS-IS".
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 | $319,200 | $319,200 | $319,200 |
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 | $453 | $453 | $453 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,018 | $2,097 | $2,672 |
Total Monthly Payment | $2,546 | $2,625 | $3,200 |
* 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.