Under contract-accepting backup offers. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. ** Nestled in the gated community of Garden Lakes Estates, this recently updated pool home offers the perfect combination of serenity and convenience, ideally located between Sarasota and Bradenton for easy access to a variety of local attractions and amenities. The home features numerous recent updates, including new flooring in the formal living room and bedrooms, a new irrigation system, a new water heater, contemporary lighting fixtures, fresh interior paint, and updated landscaping for added privacy. This property is truly move-in ready. Step inside to discover impressive cathedral ceilings and a glimpse of the sparkling pool through the three-panel glass sliders in the formal living room. The modern kitchen is the heart of the home, boasting a suite of brand-new stainless steel appliances and elegant granite countertops. With a spacious breakfast bar and pantry, this kitchen blends style and functionality, making it perfect for everyday meals or special occasions. The family room is ideal for gatherings or movie nights, where natural light shines through, creating an open and airy ambiance. Outside, the generously sized screened-in lanai is perfect for unwinding or enjoying outdoor dining, with the refreshing solar heated, saltwater pool just steps away. The primary suite is designed for relaxation and convenience, offering direct access to the pool area. The ensuite bathroom features dual sinks, a soaking tub, a tiled shower, and a huge walk in closet! The split floor plan thoughtfully places two additional bedrooms on the opposite side of the home, along with a full bath that also serves as a convenient pool bath. Residents of Garden Lakes enjoy a low-maintenance lifestyle, with lawn care, cable TV, and internet included in the affordable quarterly HOA. The community also offers a pool and clubhouse. Beyond the gates, you’ll find yourself conveniently located near the Gulf beaches, the vibrant Lakewood Ranch and University Town Center areas for shopping, dining, and entertainment, and just a short drive from SRQ International Airport.
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Our Executive Mortgage Banker:
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$545,000
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 | $436,000 | $436,000 | $436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $259 | $259 | $259 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,901 | $2,898 | $3,738 |
Total Monthly Payment | $3,252 | $3,249 | $4,089 |
* 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.