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This FIXER UPPER can be your dream home a few steps away from Lake Parker. The lake and walking trail can be seen from the front yard! Fantastic LOCATION along the quiet street of Lakehurst! Needs TLC and buyers who want a large lot 10, 729 sqft. with endless possibilities including a driveway that goes down the entire side of property. The long driveway has double gates with 3 separate gate entries into the property. There is a double storage/workshop structure in the back of lot with an open covered concrete area. The previous owner enjoyed fire pits and barbecues with family and friends. The inviting front porch is screened and provides a relaxing area to enjoy your coffee while listening to the nature sounds of the area. The oversized back porch is screened and overlooks the large backyard lawn perfect for outdoor Florida living. Located minutes from downtown Lakeland and in the heart of Tiger Town with the Detroit Tigers/Joker Marchant Stadium close by. Close proximity to shopping, hospital, dining, Lake Parker Park and Lake Cargo Recreational Center for outdoor activities. Conveniently close to I-4 which connects to major cities of Tampa and Orlando. There is additional space that may be utilized as 2 bedrooms and 1 bathroom not updated in the county records. This is a must see for cash buyers!
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Our Executive Mortgage Banker:
Our Insurance Division:
$224,000
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 | $179,200 | $179,200 | $179,200 |
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 | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | $32 | $32 | $32 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,133 | $1,177 | $1,500 |
Total Monthly Payment | $1,240 | $1,284 | $1,607 |
* 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.