Look no further than this elegant 5 bedroom and 4 bath home, custom built by Hulbert Homes and totaling 3, 521 square feet of living space. The surrounding gated neighborhood of Riverlake promises both privacy and a sense of community with the benefit of being nestled just beside Lake Hancock. A lovely paver driveway leads toward the 3 car garage while a charming walkway rounds to the front door. Here the arched entry is flanked by matching windows that give a striking first impression. Within, high ceilings are framed by crown molding while wood like tiling adorns the floor throughout. You first enter into a grand room, with foyer and dining room combined in an open floor plan that connects to the other areas of the home. Ahead are the kitchen and adjoining dinette, which has both an angled window and patio door that look out to the pool patio. The kitchen itself is rimmed with dark stone countertops and accented by the surrounding golden-stained cabinetry and stainless steel appliances. You’ll always have plenty of preparation area via a matching island at the room’s center, and an extended countertop that opens into the living room. A true hub of relaxation, this room presents a unique inset tray ceiling and triple pane sliding glass door to the pool deck. Two windows at the room’s rear allow plenty of sunlight while plantation shutters equipped throughout ensure a darker setting when needed. Four guest bedrooms throughout the dwelling are equipped with ceiling fan and built-in closet. The primary bedroom is a sprawling space equipped with a ceiling fan framed within the tray ceiling, and a patio door that leads directly to the pool deck. Twin walk-in closets flank the entry to the spacious primary bathroom, which presents both a glass-enclosed walk-in shower and garden tub. Carpeted stairs lead up to the loft, a large bonus/flex room with built-in shelving along the far wall. An arched ceiling and fan only heighten the comfort of this private space. Through one of several doorways to the patio, you’ll be greeted by a beautiful paver deck that surrounds the pool ahead. A covered portion of the patio is cooled by a fan overhead to provide a comfortable ambiance through the Florida weather, and the deck is enclosed within a screened pool cage. The spacious backyard extends beyond, made private by a rim of hedges. Several conveniences are available throughout the community of Riverlake as well, including tennis and pickleball courts, a private clubhouse, and dock access to the beautiful Lake Hancock. Located just off the intersection of 540A and Bartow Rd and a short distance from Spessard Holland Elementary, this property provides a perfect balance of privacy and accessibility to both Bartow and Lakeland.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $416 | $416 | $416 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,042 | $3,988 | $5,060 |
Total Monthly Payment | $4,550 | $4,496 | $5,568 |
* 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.