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Welcome to Meadow Ridge of Grand Island, a family-oriented residential community, and provides access to a playground. Perfect for any family, the property’s expansive back and side yards are complete with tall Vinyl Fencing for added privacy. Built in 2021, this Vero model is one-story and features 3 Bedrooms, 2 Baths, and an inside Laundry. The home’s two-car Garage is complete with a workbench and a long 6-car driveway. The Kitchen features granite countertops, additional built-in cabinets, a closet Pantry and overlooks the Dining and Living Room Areas. From the Living Room, sliding glass doors access a custom 12’x 48’ concrete patio. This pleasurable outdoor area is complimented by the 10’x 14’ Gazebo, complete with screen curtains and string lights, a perfect place to enjoy your afternoon bar-b-que. Additional features include a Puronics Whole-House Water Softener System (2021), and an energy-efficient Solar System (2023). Conveniently located just a few minutes from Eustis, Mount Dora, and the Eight Harris Chain of Lakes, these picturesque Lakes provide excellent fishing opportunities for all anglers, with over 30 public boat ramps and numerous public fishing piers.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$320,000
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 | $256,000 | $256,000 | $256,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $300 | $300 | $300 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,597 | $1,682 | $2,143 |
Total Monthly Payment | $1,972 | $2,057 | $2,518 |
* 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.