Under contract-accepting backup offers. *Price Improvement* This is an incredible deal on a Sanford home. Located near beautiful downtown Sanford, just off Lake Monroe, this freshly-renovated 1940's home has a large fenced yard, brand new ROOF (2024), new FLOORS, and updated plumbing and electric. It has bonus rooms that can be used for guests, a media room, office or more storage. The primary bedroom has two areas to allow for an office or dressing space. The open living and dining area are great for entertaining. The eat-in kitchen features a pantry with a separate building for laundry and storage plus a finished Florida room to enjoy cool evenings. The home has a recent (2024) termite inspection complete with termite bond. The converted garage is under a/d and heat and adds approx 200 sq ft to the home. Easy access to SunRail, Riverwalk, and the Central Florida Zoo with close proximity to I-4 and 417. Enjoy a country feel of this old celery farm just moments away from Historic Downtown Sanford with all its shops, restaurants and weekly events.
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,900
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 | $159,920 | $159,920 | $159,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $131 | $131 | $131 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,105 | $1,051 | $1,339 |
Total Monthly Payment | $1,311 | $1,257 | $1,545 |
* 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.