NO STORM DAMAGE ~ PROPERTY VERY WELL ELEVATED / BUILT ~ UPDATED PRICING: Presenting the "River Wilderness" Waterfront Community Phase I (a development on the Manatee River that connects with the Inter-Coastal Waterway & Gulf of Mexico) ~ Photos Do Not Do Property Justice A Must See In Person ~ A gated golf / tennis / boating club development ~ This particular property @ 2909 Old Orchard Lane boasts the following features that are not limited to: Very open floor plan ~ 4 bedrooms (or office) & 3 baths with heated pool & spa ~ Spacious open living areas throughout ~ A ranch style design providing single story living ~ Wood burning fireplace ~ Oversized garage ~ Newer Roof ~ Separate garage opening for golf cart ~ The home / property is naturally elevated & very private (cul de sac - interior lot) ~ Golf course views (8th hole green in the distance - backyard very private) ~ Vaulted ceilings ~ Circular drive ~ Covered "large" lanai (840 sf+) that allows for open indoor / outdoor entertaining - living ~ South / Southwest facing backyard ensuring sunsets and great sunlight / warmth during winter months ~ Mature landscaping ~ A community boat ramp & parking ~ Phase I has lower HOA fees versus other community sections ~ Bring your update plans to this perfectly laid out spacious home / property on . 43 very private acres and make the property the home you have been searching for. Currently the "Club @ River Wilderness" (golf / tennis) can be joined for < $600. 00 monthly + cart fees with no initiation in 2024. Ready for your individual calls and subsequent showings! Original building plans are available!
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Our Executive Mortgage Banker:
Our Insurance Division:
$959,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $767,200 | $767,200 | $767,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $384 | $384 | $384 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,976 | $4,912 | $6,736 |
Total Monthly Payment | $5,452 | $5,388 | $7,212 |
* 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.