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One or more photo(s) has been virtually staged. **You could save $488/month by assuming this seller's loan! That's $17, 568 kept in your pocket in the first 3 years alone! Seller has an assumable 4. 62% Interest Rate FHA Loan (with a balance of ~$408, 000. 00) (See MLS attachment for mort statement. . . savings compared to a 6. 5% loan) *Solar Panels are already owned and paid-off in FULL- another cost savings of $100's off your monthly utility bills! *2024 Roof *Freshly Painted inside and garage epoxy floor May 2025 *2024 Fridge *Backyard Fully Fenced …Welcome home to the beautiful community of Sawgrass Bay at Greater Lakes in sunny Clermont, FL! This spacious home boasts 3 bedrooms and 2 bathrooms spanning 2056 sqft. Step inside to discover a well-appointed kitchen, featuring 42” cabinets, granite countertops, and stainless steel appliances. Each room offers comfort and the flexibility to create personalized spaces. The screened back patio and fully fenced back yard is ideal for hosting gatherings and enjoying the Florida sunshine. With a 2 car garage and 4 car driveway, you'll have ample room for your vehicles & toys. Sawgrass Bay Elementary School is located within the community, just a block from the house! The community pool is also close by, with a playground and picnic area. There’s also a walking trail that leads to another play area and beach volleyball. It’s located in the up & coming area of Clermont between Disney/Four Corners to the south, and the much-anticipated Olympus Orlando Sports Campus & Wellness Village just 5 miles to the north. There is plenty of shopping, amenities, and world-class dining and attractions within a few miles of the house. There’s also the upcoming completion of the Sawgrass Bay Blvd and Western Way connection expected to be completed in 2026, which will provide direct access to the west entrance of Disney World and SR 429…Lock in today’s pricing before this area matures! This is the new heart of Central Florida! Call today for any questions and to schedule a showing!
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $356,000 | $356,000 | $356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.360% | 7.179% | 6.288% |
Monthly Tax Payment | $488 | $488 | $488 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,339 | $2,366 | $3,002 |
Total Monthly Payment | $2,902 | $2,929 | $3,565 |
* 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.