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Under contract-accepting backup offers. Custom built by Todd Johnston Homes in the exclusive neighborhood of Silver Oak on popular Palmer Ranch. This lakefront executive home feature 3 generous bedrooms, office/den, 3 full baths & an air conditioned 3 car garage. Tile on the diagonal in main living area. Whole house generator. Kitchen features wood cabinets, granite counters & stainless appliances. Family room with tray ceiling, fireplace & disappearing wall sliders. Newer AC & hot water heater. Extended lanai has heated pool & spa with paver brick patio. Many architectural features in this custom built home. Plantation shutters for windows. Home has been freshly painted. This is an excellent value for Silver Oak estates with over 2600 sq. ft. under air. Vacant & available for immediate occupancy & a quick closing. Silver Oak is located on Palmer Ranch close to shopping, Legacy Trail & minutes to world famous Siesta Key Beach. All homes in Silver Oak were built by Sarasota's highest rated custom home builders.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
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 | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.014% | 7.082% |
Monthly Tax Payment | $570 | $570 | $570 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,255 | $5,124 | $6,956 |
Total Monthly Payment | $5,917 | $5,786 | $7,618 |
* 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.