Seller is offering owner financing at a 5% interest rate on a 5 year fixed. Seller will also consider a lease purchase option. You will delight in it all - impressive custom-built estate home with resort style outdoor entertainment center nestled in a quiet, well-established neighborhood in the desirable Dr. Phillips community. Room for everyone and everything! Layout boasts main common living spaces off the front entry hall with north/south wings featuring 4 bedrooms/4 full baths and other flexible-use spaces, all centered around a spectacular pool/spa and outdoor kitchen complex. Notable features include: (1) living room with a wall of built-in shelving/pull out storage, (2) dedicated game room with wet bar and pool table (included!), (3) contemporary kitchen with room to seat a crowd, breakfast bar, abundance of cabinetry/counter space, under/over counter lighting, and stainless appliances (included), (4) huge walk in pantry, (5) oversized laundry room with work sink, storage cabinets & expansive counter, (6) spacious bedrooms with ensuite bathrooms, (7) a soundproofed media room/music studio, (8) rooms with speakers that can provide surround sound, (9) oversized two-car primary garage w/built-in shelving and full workshop space, (10) secondary driveway on south side of home leading to another single-car garage, and (11) separate, exterior access to the south wing that provides the opportunity to set up an in-law or guest suite. The primary suite includes his/her custom-built walk-in closets and an ensuite bath with jetted tub and separate steam shower. All other bedrooms are large enough for desks/seating areas, and most have custom-built closets. The “wow” factor out back will be a big reason to want to own this home – grotto style pool & spa, expansive paver patio with pergola for gentle shade, fans, mister system, full summer kitchen (grill, fridge, sink, bar), pool bath, and recessed lighting in covered area – perfect for nighttime entertainment. Saltwater, heated pool features a sun shelf entry and impressive waterfall feature, and a child safety fence is included. Two exterior storage rooms give you space to keep necessities for both the pool and the summer kitchen. There are numerous access points to this entertainment spot from all around the home. Don’t forget to walk around back to the firepit area, and here you’ll notice how deep the lot is. Having a big backyard is great for setting up athletic or play equipment, creating a picnic spot, or simply enjoying a lush garden. This unique home has been well maintained by the same family for decades. Now is the time for you to make some new memories here. Come see all that makes it so special. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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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 | $1,680,000 | $1,680,000 | $1,680,000 |
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 | $1,204 | $1,204 | $1,204 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,896 | $10,757 | $14,750 |
Total Monthly Payment | $12,225 | $12,086 | $16,079 |
* 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.