Under contract-accepting backup offers. Discover the enchanting allure of this River Club home! Ready for immediate occupancy, this 3-bedroom, 2-bathroom abode brims with unique charm. Step through the double doors and be greeted by an abundance of natural light and vaulted ceilings. The main living spaces boast hardwood and tile floors, elegant plantation shutters, and sophisticated crown molding. The home features a split bedroom layout, formal dining and living rooms, a secluded office/den with french doors, and multiple access points to the lanai, ensuring ample room for leisure and social gatherings. Sliding pocket doors in the family room seamlessly blend indoor comfort with outdoor living. The inviting kitchen comes with updated stainless steel appliances, granite countertops, and subtle under-cabinet lighting. Delight in the expansive owner's suite, featuring a sitting area, private access to the lanai, a spacious walk-in closet, and an en-suite with double vanities, a soaking tub, and a walk-in shower. Nestled on a wooded preserve lot, this property promises unmatched privacy and a sense of retreat from neighboring homes. Savor your morning coffee or enjoy outdoor dining on the expansive covered lanai, overlooking the glistening pool, spa, and lush tropical greenery. Major updates include a new roof in 2021, HVAC and water heater in 2020, and freshly painted entry and patio floors as of October 2024. River Club is a deed-restricted 18-hole golf community with low HOA fees, no CDD fees, and no mandatory club memberships. Centrally located to the area's most frequented destinations: Top rated schools, Lakewood Ranch main-street, shopping, dining and theatre, Lakewood Ranch Hospital, University Town Center Mall, I-75, and the Sarasota-Bradenton International Airport. Don't miss your chance at this one-of-a-kind find!
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Our Executive Mortgage Banker:
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$675,000
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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $642 | $642 | $642 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,589 | $4,554 |
Total Monthly Payment | $4,281 | $4,323 | $5,288 |
* 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.