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Auction Property. AUCTION PROPERTY!!! THIS PROPERTY WILL BE SOLD AT PUBLIC AUCTION TO THE HIGHEST BIDDER, REGARDLESS OF PRICE on THURSDAY, JUNE 5th, 2025 at 6 PM!!! The listing price is for search purposes only! It is NOT a starting price or a minimum bid! There is no reserve price! The purchase price for the property will be established at the AUCTION!! Mirroring the magnificence of a French Estate home, this ivy-covered, stone-faced home is a masterpiece of architecture, crafted by Dan Farmer. An arched doorway welcomes you into a spacious floorplan designed for quality family time or friends. Poised high atop a bluff, this spectacular home offers panoramic views of Lake Dora from each of its three finely designed levels. Life is made even easier with the convenience of your own elevator accessible to the living quarters of each floor.
Walnut cabinetry by acclaimed artist Jeffry Mann accents an oversized kitchen equipped with high end stainless steel and walnut veneered appliances surrounding a matching island. Entertainment and day to day living are within easy access to the inviting covered terrace and great rooms overlooking picturesque lake views.
There is no shortage of amenities including a private cedar wine cellar with its own unique storage area, an opulent home theater, the glow of a natural gas fireplace and exterior lanterns, old stone patterned porcelain tiles, an ornate copper chimney cap and a roomy two car garage.
This grand estate is walking distance to Downtown Mount Dora, one of Central Florida’s most charming and desirable small towns. Mount Dora is famous for its quaint atmosphere, quintessential town square, unique shops, fine restaurants, yacht club on the Harris Chain of Lakes, parks and its hosting of numerous annual festivals. Don’t miss this opportunity to make this your permanent home. Mark your calendar and plan to attend this auction and make this magnificent home yours at your price!
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Our Executive Mortgage Banker:
Our Insurance Division:
$100,000
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 | $80,000 | $80,000 | $80,000 |
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 | $2,178 | $2,178 | $2,178 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $499 | $526 | $670 |
Total Monthly Payment | $2,752 | $2,779 | $2,923 |
* 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.