Presented by
Carrie Lademan |
127 Cherrywood DRIVE, Lake Wales, FL, 33898 | $78,900
Nestled in the welcoming 55+ community of Twin Fountains in Lake Wales, this well-maintained manufactured home sits on your own land and is ready for its next owner. Offering 2 bedrooms, 2 bathrooms, and a spacious Florida room, this home provides plenty of room to relax and entertain. Storage is abundant, and the convenience of inside laundry adds to its appeal.
The kitchen is thoughtfully designed with an eat-in dinette. The open and inviting living room is perfect for gathering with family and friends. Enjoy the outdoors in the screened-in porch or take advantage of the workshop for hobbies and projects.
This home also boasts energy-efficient double-pane exterior windows and a durable metal roof. A significant upgrade was completed in November 2024 with the installation of a new underground electric service line and a 150-amp panel, a $10, 000 investment that enhances reliability and efficiency.
Twin Fountains is an active adult community that makes maintenance easy and lifestyle enjoyable. The affordable $180 monthly fee includes water, sewer, lawn care, internet, and cable, along with access to the community pool, clubhouse, horseshoes, and shuffleboard. Take a dip in the heated pool for year-round relaxation or participate in social events at the clubhouse.
Located in the heart of Lake Wales, this community offers the best of both worlds—peaceful surroundings with easy access to daily conveniences. Restaurants, medical facilities, and shopping are all nearby, while Florida’s stunning coastlines are just a drive away for weekend getaways. Whether you’re looking for a seasonal retreat or a year-round residence, this home and community provide the perfect setting.
Don’t miss your chance to make this home yours!
Features
- Amenities: Clubhouse, Other, Shuffleboard Court
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Laundry: Laundry Room
- Year Built: 1973
- Heating: Central, Wall Units / Window Unit
- Cooling: Central Air, Wall/Window Unit(s)
- Approx Sq. Feet: 1,208
- Acreage: 0.11
- Est. Taxes: $623
- HOA Fee: $180 Monthly
- Adult Communities: Yes
- Pet Policy: Yes
- Appliances: Range, Refrigerator
- MLS#: P4933960
- Days on Market: 15 days
- Website: https://www.raveis.com
/prop/P4933960/127cherrywooddrive_lakewales_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Carrie LademanSenior Regional Vice President, Southwest Florida
239.450.9099
Carrie.Lademan@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
127 Cherrywood DRIVE, Lake Wales, FL, 33898
$78,900
Carrie Lademan
Senior Regional Vice President, Southwest Florida
William Raveis Real Estate
Phone: 239.450.9099
Carrie.Lademan@raveis.com
Melissa Cohn
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 | $63,120 | $63,120 | $63,120 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
| Monthly Tax Payment | $52 | $52 | $52 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $363 | $399 | $515 |
| Total Monthly Payment | $490 | $526 | $642 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388