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Cozy home in highly sought-after 55+ Kings Ridge. This lovely Gemstone model boasts two spacious bedrooms, two baths in 954 square feet of living space. Home also includes a covered & screened Lanai, 1 car garage with opener and full sized washer and dryer. Upgraded stainless steel kitchen appliances are included in the sale. Enjoy the safety of a guard gated community and beauty of tree lined streets and amazing community amenities including a multi-million-dollar clubhouse. Live the Royal lifestyle with two 18-hole golf courses, three heated pools, two fitness centers, spas, tennis & pickle ball courts, billiards, shuffleboard, shows, Bingo, Dancing, cards, crafts, movie & food truck nights and join any one of the many clubs galore. HOA dues include lawn maintenance & irrigation, exterior painting, landline phone, basic cable and internet and all community amenities. Close to Highway 27 and 50, Florida Turnpike with easy access to downtown Orlando within 30 minutes & twenty-two miles to Disney. Conveniently located outside the community: golf cart accessible Publix, University of Florida urgent care center, doctors, dentists, Walgreen’s pharmacy, Quest and close to Costco, Kohls, Walmart, BJs and numerous restaurants within five miles. At least one buyer must be at least 55 years old or older for HOA approval. Age of Items: Roof – 05/18; Water Heater - 10/24; Stainless Refrigerator & Microwave 11/24, HVAC 2022. Call for a private tour. More interior photos will be added after the estate sale.
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Our Executive Mortgage Banker:
Our Insurance Division:
$257,000
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 | $205,600 | $205,600 | $205,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | $70 | $70 | $70 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,283 | $1,351 | $1,707 |
Total Monthly Payment | $1,428 | $1,496 | $1,852 |
* 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.