One or more photo(s) has been virtually staged. This lovely home in The Oaks Preserve is a must see if you are looking for architectural elements, high ceilings, an open floor plan perfect for entertaining and an outdoor pool area offering privacy and overlooking a nature preserve. Recent updates include new baths, kitchen, flooring, pool and pool deck, a 4 year new roof and a new pavered driveway. All living areas have handsome wood floors and/or porcelain tile. The chef’s kitchen is equipped with a gas stove, Waterworks faucet, quartz countertops, modern stainless appliances, and wood cabinetry. Enjoy your morning coffee or tea overlooking lush foliage through aquarium glass windows from the breakfast nook adjacent to the kitchen. The family room has new glass doors that tuck back to allow expansive views of the pool and preserve, and they are hurricane rated for peace of mind. The spacious owner’s suite has two walk in closets, and a large linen closet for storage. There is additional space in the suite to add a sitting area or office, and there are new glass doors that are hurricane rated overlooking the pool as well. The separate study/office has built in wood cabinetry, and plenty of space for a media room. There is a private guest suite with an ensuite bath that has been updated with quartz counters and a vessel sink. A beautiful new pavered driveway adds that special curb appeal. In addition to the metal, roll down hurricane shutters, there is an electric hurricane protective screen spanning the lanai area to protect outdoor furniture. Bishops Court, in The Oaks Preserve, is a 24 hour guard gated community where you can stroll the entire tree-lined, canopied neighborhood. Residents walk and bike ride, and there is a community pool steps away. The Oaks Club is a private, member owned country club with two 18 hole golf courses, 12 HarTru lighted tennis courts, pickleball courts, a regulation croquet lawn with competitive croquet, a fitness center, several dining venues from a new casual bar and grill with indoor and outdoor seating, tavern, and a formal dining room. There are social activities throughout the year, and the amenities are the finest in the area. The Oaks is recognized as a distinguished Platinum Club of America, and Audubon Certified Golf Sanctuary, and is seated perfectly between downtown Sarasota (20 minutes), and the sugar sand beaches of all of Sarasota. A Golf equity or Social membership is required with a real estate purchase.
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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 | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $289 | $289 | $289 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,738 | $4,800 | $6,497 |
Total Monthly Payment | $5,119 | $5,181 | $6,878 |
* 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.