***MOTIVATED SELLER***ADDITIONAL PRICE REDUCTION of 20K***This is your opportunity to live in the COVETED PRESERVE AT MISTY CREEK*** Stunning LAKE FRONT VIEW! Welcome to paradise!! The Preserve at Misty Creek is a Deed Restricted community with full-time security entrance which offers the serenity you are looking for. Imagine sitting by your pool sipping coffee while admiring the water frontage lake view and fawns frolicking in your backyard! Enjoy the lush landscaping with up-lighting enhancing the palms, from the mature oak to the Royal Poinsiana tree with the hanging, oversized staghorn fern. Walk way lighting to front entrance. Enter in to this beautiful home through stained glass doors into an open floor plan with a great room incorporating the dining area and formal living area. Master Suite boasts of large walk-in closet, dual vanities with makeup station, private stall, bathing tub and glass enclosed shower equipped with handrails. Front office/den overlooks the tropical front yard. Chef's kitchen island overlooks family room and dining nook with aquarium window to the lanai. Built-in desk in kitchen. Plantation shutters throughout. Spacious 3-car garage comes equipped with a second refrigerator, plenty of cabinetry and shelving for storage. This home comes with a one-year warranty for the new homeowner, including major systems, appliances and pool/spa warranty!!! Additionally a one-year AC maintenance contract is included for the buyer! Pre-inspection has been completed for peace of mind. Just a golf cart ride to the Publix plaza to pick up a pizza at Asaro's, ship packages at UPS, relax with a manicure at Serenity nails, etc. Rothenbach Park and the Sarasota RC Squadron are just a short bike ride away, a great place to walk or ride the trails while watching the manually operated small aircraft overhead. Attractive low HOA fees with a healthy reserve fund and NO pending assessments. The sought out 18-hole golf course, Misty Creek Country Club, is managed by Coral Hospitality and membership is optional. This is a no brainer! Start living the good life!
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $405 | $405 | $405 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,121 | $5,316 |
Total Monthly Payment | $4,622 | $4,618 | $5,813 |
* 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.