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17532 Queensland St Land O Lakes, Florida 34638 MLS# MFRU8220178
Discover your dream home in the desirable Ballentrae neighborhood, conveniently located just 25 minutes from the airport and downtown. This beautifully maintained home offers exceptional convenience and is a part of a distinguished school district, including Bexley Elementary, Charles S. Rushe Middle, and Sunlake High School. The home greets you with fresh paint, new hurricane-resistant sliding doors, and elegant, water-resistant premium laminate flooring throughout. Significant updates include a newly installed roof in 2021 and an updated HVAC system in 2022, complemented by energy-saving solar panels. The solar panels, valued at $48,000.00, are available for loan assumption at an attractive 2.99% interest rate with a monthly payment of $250. Step outside to a newly fenced backyard, complete with a delightful gazebo perfect for relaxation and entertainment. Inside, modernized bathrooms and updated appliances blend style with functionality, creating a living space that is both chic and practical. The Ballentrae community enhances your living experience with a plethora of amenities, including a swimming pool, basketball and tennis courts, a fitness center, a clubhouse, and a playground. Seize the opportunity to make this exceptional property your new home. Schedule your viewing today. As a potential buyer of this property in the Ballentrae neighborhood, you have two distinct purchase options to consider, each with its own financial implications: Option 1: - Purchase Price: $429,900. - Solar Panel Loan: Assume the existing solar panel loan. - Interest Rate: 2.99%. - Monthly Payment: $250. - Remaining Balance: $48,000. Under this option, you would take over the solar panel loan, continuing its payments under the specified terms. This choice keeps the initial purchase price lower but includes an ongoing financial commitment for the solar panels. Option 2: - Purchase Price: $477,900. - Solar Panel Loan: Included in the purchase price and paid off during closing. This option involves a higher purchase price, but it includes the cost of the solar panels, effectively freeing you from the associated loan and its monthly payments. The advantage here is a single, straightforward transaction without ongoing loan obligations for the solar panels. Each option has its benefits and considerations. Option 1 offers a lower initial purchase price but includes a loan assumption, while Option 2 provides a higher purchase price with the benefit of settling the solar panel loan immediately. Your decision may depend on your financial situation, your preferences for upfront versus ongoing costs, and your long-term investment plans for the property.
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