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Welcome to 416 N Blue Lake Terrace in Deland – your dream pool-home awaits! This great property offers a multitude of desirable features that will capture your heart and make you feel right at home. Whether you are a 1st time homebuyer or planning to downsize, this pool home delivers. Close to Deland schools and kayaking/canoeing awaits you just across the street on Blue Lake. Step inside to the welcoming living room, perfect for creating cherished memories with family and friends. 3 bedrooms, 2 bathrooms, formal dining, kitchen and the expansive additional Florida room overlooking the peaceful 30’x15’ pool and fenced backyard area. It's the ideal spot for hosting gatherings or simply enjoying a peaceful evening under the stars. The fenced backyard offers privacy and security, creating a safe haven for family and pets to roam freely. Whether you're playing catch with the little ones or enjoying a barbecue with friends, this outdoor space provides the perfect backdrop for making lasting memories. Need more storage options? This home includes an oversized one stall garage along with a shed, providing even more space for your belongings. Say goodbye to clutter and hello to an organized and functional living space. Conveniently situated, this home offers easy access to major highways, making your daily commutes a breeze and opening up a world of possibilities for exploring the vibrant city of Deland and its surrounding areas and nearby famous beaches. Don't miss out on the opportunity to make this stunning property at 416 N Blue Lake Terrace your forever home. Embrace the warmth, comfort, and convenience that awaits you – schedule a showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$319,900
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 | $255,920 | $255,920 | $255,920 |
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 | $55 | $55 | $55 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,618 | $1,681 | $2,142 |
Total Monthly Payment | $1,748 | $1,811 | $2,272 |
* 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.