3. 75% Mortgage Rate (Ts & Cs apply, see below). Beautifully remodelled 2301 sq ft home on almost 5 acres, just 10 mins from Lakewood Ranch. Upon entering you are greeted by a bright spacious first floor in this impressively maintained home. The living area is large enough for an oversized sectional and features a wood burning fireplace. The dining room, with french doors to the covered patio, has ample room for a large dining set or could be used as a bonus living space. To the left is the kitchen space, with updated cabinets and appliances, a walk in pantry and a centre Island with seating for 3. The oversized laundry room is adjacent to the kitchen and has plenty of room for additional cabinets. Upstairs there is a large primary bedroom with direct access to the second floor covered porch and a large en suite primary bathroom. 2 additional well proportioned bedrooms and a full guest bathroom complete the second floor. The double Lanai wraps around the rear of the home on both the first and second floors providing sweeping views of the pond and large lot. This property has had a ton of updates and features a large barn with Stables, a covered open sided barn and a separate workshop (16x24 w/ electric and deck). The site has plenty of room for horses, goats, chickens and other pets. The roof was replaced in 2016 and was recently inspected. The toilets, well pumps and piping have all been replaced in the last couple of years. The AC has been recently updated and a new water heater was installed in 2024. This home is truly move in ready.
Seller is offering to fund 3: 2: 1 buy down giving a 3. 75% Yr 1, 4. 75% yr 2 and 5. 75% yr 3. Must be full priced offer and using sellers preferred lender. Buyer must qualify with good credit score. Other Ts & Cs apply.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
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 | $485 | $485 | $485 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,540 | $4,482 | $6,146 |
Total Monthly Payment | $5,117 | $5,059 | $6,723 |
* 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.