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A beautiful ranch-style residence showcasing an open floor plan that offers inviting living spaces with a smooth flow between rooms. Upon entering, you are greeted by a wood-burning fireplace in the living room, which contributes to a warm atmosphere, complemented by a large window that floods the area with natural light. The kitchen features an opening that facilitates easy entertaining and social gatherings. Additionally, the property includes an attached two-car garage, a screened-in porch, and a fenced yard, making it a safe haven for children and pets to play. This remarkable home is equipped with a relatively new metal roof, installed in December 2018, which is expected to last approximately 40 years. The HVAC and water systems are relatively new, having been installed in 2016. The solar panels, added in September 2021, significantly enhance the property's value at closing, providing the benefits of an energy-efficient and environmentally friendly home. These solar panels are fully paid off and will be transferred to the new owner with the purchase. Furthermore, this property is conveniently located for families with school-aged children, with Woodward Avenue Elementary School (grades PK-5) approximately 1. 9 miles away, Southwestern Middle School (grades 6-8) about 1 mile from the home, and DeLand High School (grades 9-12) roughly 3. 3 miles away. This is an ideal home for those seeking privacy in a wooded setting, surrounded by mature oak trees. Schedule a visit to experience this exceptional property firsthand. Take action now to make it your own!
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Our Executive Mortgage Banker:
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$290,000
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 | $232,000 | $232,000 | $232,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.160% | 7.154% | 6.172% |
Monthly Tax Payment | $175 | $175 | $175 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,505 | $1,542 | $1,942 |
Total Monthly Payment | $1,755 | $1,792 | $2,192 |
* 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.