Motivated Seller JUST MADE A PRICE ADJUSTMENT MAKING this home a BEST BUY in award-winning Lakewood Ranch and the area's newest 55+ active adult lifestyle community; Cresswind at Lakewood Ranch. This highly efficient, three-bedroom, two-bath, Lido floor plan offers the perfect combination of efficiency and upscale finishes that you'll find in the top of the line, and more expensive homes throughout this wonderful community. Features include an open floor plan, island kitchen with eat in nook and pantry, under-cabinet lighting, beautiful contemporary backsplash, and quality appliances. An open dining/family area complete the open living plan that offers sliders to a screened lanai. The Owners Suite features a door to your lanai and a generous bath with his and hers walk-ins. The additional two bedrooms can serve multiple purposes as bedroom, or bedroom plus office/den for working from home. Lastly, a nicely sized laundry room with overhead cabinets and utility sink completes the layout. A finished, epoxy-floor, two-car garage, offers great convenience when brining in groceries, etc. and is hurricane ready with a structurally-reinforced garage door. Importantly, all of the home's windows are fully hurricane-impact glass that supplies maximum protection during a storm (and can save you money on insurance, too). Other efficiency extras are a tankless hot water system, so you'll never run out of hot water, and the highest efficiency roof insulation available that helps keep electric costs low.
Cresswind at Lakewood Ranch is an amenity-rich, pet-friendly community that features a resident-exclusive clubhouse served by a full-time lifestyle director with a multi-purpose lawn, fitness center, yoga studio, art studio with ceramics, card rooms, and various social clubs. Outdoor amenities across Cresswind’s 250 acres include pickleball, tennis and bocce courts, walking trails, resort-style pool and hot tub, resistance pool, food truck events, outdoor social areas and more. NOTE: home is NOT in a flood zone and rode out Helene and Milton without barely a scratch. This immaculate, never occupied home is ready for your visit and to welcome you home. Best of all; this safe and sturdy home was "untouched" by the recent storms and hurricanes!!
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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 | $431,920 | $431,920 | $431,920 |
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 | $234 | $234 | $234 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,874 | $2,871 | $3,642 |
Total Monthly Payment | $3,200 | $3,197 | $3,968 |
* 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.