AS PROMISED! Lovely villa with 2-car garage located in Palm Aire Country Club. If you have pets or allergies, this villa has tile throughout and no carpet for easy maintenance. Courtyard entry, large eat in kitchen with sliding door to access courtyard, great room style open floor plan with high ceilings, and peaceful rear screened lanai. Indoor laundry with washer and dryer included. Both bedrooms have walk-in closets, with the master bedroom closet measuring 5x12 and offering additional overhead storage. Oversized garage with built in shelving too. Just imagine having breakfast in the front courtyard watching the sunrise and evening cocktails on the screened lanai watching the sunset. Community pool for The Preserves is located across Country Club Way in the older section of The Preserves. This community is conveniently located along the University Parkway corridor, offering easy access to shopping, UTC mall, fine dining, I-75 and Sarasota Bradenton International Airport. Palm Aire Country Club memberships available for additional costs offer golfing and social memberships. This is one of the few condo complexes in the area that allows 2 household pets with a 25 pound per pet weight limit. Please note, photos were taken prior to storms, however this villa did not have any visible damage except for a few roof tiles which will be replaced. Room dimensions are approximate, buyer to verify.
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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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $342 | $342 | $342 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,862 | $1,860 | $2,361 |
Total Monthly Payment | $2,279 | $2,277 | $2,778 |
* 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.