**Seller offering to contribute $5, 000 toward buyers closing costs and prepaids!** Don't wait to make this Lorraine Lakes home yours. Weathered multiple storms this season and no flooding or damage! Welcome to this beautiful 4-bedroom, 3-bath home located in the highly desirable Lorraine Lakes community in Lakewood Ranch. This elegant residence offers a serene preserve view, perfect for enjoying nature from the privacy of your backyard. The home features an extended covered lanai, complete with a heated pool and spa, making it the ideal outdoor space for relaxing and entertaining. Inside you'll find elevated 21"x21" diagonal ceramic tiles throughout the home, adding a refined touch to the open-concept living areas and bedrooms. This smart home is equipped with modern technology, allowing for convenience and energy efficiency. These features include a smart thermostat, full Ring security system and door bell, electric blinds on the sliding doors and more. The insulated air-conditioned 3-car garage, with an 18, 000 BTU mini-split WIFI controlled system, ensures a comfortable workspace or additional storage year-round. A HUGE bonus in this Florida heat! Each bathroom has various upgrades including bidets, motion sensor faucets, larger towel holders, and glass shower doors in the guest baths. Experience ultimate privacy and efficiency with this split floor plan, with the guest bedrooms and bath separated by a noise-reducing modern wood barn door. Don't miss this opportunity to live in one of the most amenity-rich communities in Lakewood Ranch, offering a luxurious lifestyle surrounded by nature and modern amenities. Residents can enjoy the clubhouse which offers an on-site restaurant and bar both indoor and outdoor, full fitness center and TRX/flex space, indoor basketball and volleyball court, arcade, kid's play room, coffee lounge, social room and complete locker rooms equipped with saunas. You'll also find three expansive pools: lap pool, resort-style pool and kid's splash pad. Other outdoor amenities include a putting course, basketball court, pickleball courts, tennis courts, playground, bocce ball, fireplace and exercise stations and benches around the main lake. This community is gated with 24 hour security.
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Our Executive Mortgage Banker:
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$774,000
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 | $619,200 | $619,200 | $619,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $768 | $768 | $768 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,016 | $3,965 | $5,142 |
Total Monthly Payment | $4,876 | $4,825 | $6,002 |
* 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.