Welcome to 112 Sylvania Place this Mid-Century Modern though of original design showcases two generous bedrooms, two baths, situated on a EXPANSIVE DOUBLE LOT in the charming Melrose neighborhood just a block and a half from the breathtaking Intracoastal Waterway in Ormond Beach. Step into a wide open floor plan that boasts stunning original hardwood floors, high ceilings, and a abundance of natural lighting pouring in through more windows than Microsoft,
Next, the kitchen the heart of the home has be meticulously maintained and provides optimal functionality and storage this includes all wood cabinets with pull out drawers refrigerator, dishwasher, electric stove with vent hood and a double stainless steel sink an ideal space for cooking and entertaining. Off the kitchen is a lovely screened in porch where you can put you feet up relax reading your favorite book.
Step down into the multifunctional space perfect for various activities, This welcoming space is highlighted by a wall insert brick fireplace complemented by two walls of windows. A door leads out to a double car port complete with a utility room and workshop.
Now step up into the breakfast nook and full bath, just a few steps away is the large family room.
Enjoy this ideal location just a stone throw away are beautiful parks, riverside walkways, recreation center, shopping, dining, entertaining in downtown Ormond Beach and wait the Beach just over the Granada Bridge!
All information taken from the tax records and while deemed reliable, cannot be guaranteed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$319,000
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 | $255,200 | $255,200 | $255,200 |
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 | $53 | $53 | $53 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,763 | $1,676 | $2,136 |
Total Monthly Payment | $1,891 | $1,804 | $2,264 |
* 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.