Exceptional Private Gated Premier 55+ Lakefront home in Lakeridge Falls Sarasota. Security Guardhouse staffed 24 hours with onsite management. Maintenance free community in the highly desirable University Parkway area. Gorgeous and peaceful living within minutes of all your shopping and entertainment needs. Updated Clubhouse including pool, jacuzzi, exercise room, banquet facilities, computers, library and pool tables. The house is one block walking distance to the Clubhouse and Pool. Walking and bike path paved around inside the gated community. Weekly social activities include bingo, happy hour, book club, bridge, wine club, pot luck dinners, meeting rooms & bocce ball. This property is one of the largest lots in Lakeridge Falls. This well maintained home built in 2002 is positioned on an oversized lot 0. 24 acre/10, 889 sq. ft. Lake front view overlooking the preserve area from the back deck patio. Living space 1, 841 square feet. FULLY UPDATED. Large entry leads you right into a great open floor plan with 9. 4 ceilings, crown molding, smoke detectors and ceiling fans throughout. All ceilings and rooms painted four years ago. Entire house has new Luxury Plank Flooring. Two large bedrooms and a den that could be used as office or third bedroom. Master bedroom has two closets, including one large walk-in. Master bathroom has been fully updated with jacuzzi jetted tub, his and her vanities and large walk-in shower. Split plan second large guest bedroom has two closets and one walk-in. Fully updated kitchen including all cabinets, countertops and electric stainless steel appliances including, stove, refrigerator, garbage disposal and dishwasher. There is a good-sized inside laundry room with cabinets and a sink. Washer and Dryer included. The spacious two-car garage has added epoxy coated flooring and new automatic garage opener and hardware. Also, the garage has an installed countertop and storage cabinets. The 16 x 27 lanai has been extended and is fully enclosed with a picture view screening without aluminum bars. You will enjoy the view of the Preserve from the lanai. Also, has automatic electric sunshades. The patio flooring has been treated with epoxy coated flooring. Updated HVAC including all new duct work and Nest thermostat that adjusts temperatures at home and away from home. All new tinted hurricane windows and sliding glass doors throughout the house. Vertical window blinds on all the windows and sliding glass doors. Barrel tile roof. Front garden has concrete paver curbing. Great location between Lockwood Ridge Road and Tuttle Avenue north of University Parkway. Publix, Walmart, UPS, Panera, shopping and dining are all located just outside the Guardhouse gate. University Town Center is a ten minute drive including shopping and restaurants. Beautiful beaches and the Sarasota/Bradenton International Airport is five minutes away.
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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 | $535,920 | $535,920 | $535,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $296 | $296 | $296 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,565 | $3,562 | $4,520 |
Total Monthly Payment | $3,953 | $3,950 | $4,908 |
* 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.