Charming 3 Bedroom+Office/2 Bath Home in The Lakes! The Lakes is highly regarded as a friendly community in an excellent central location just 3. 5 miles to Sarasota's downtown district, 5. 5 miles to Siesta Key and 4. 5 miles to University Town Center. The community features a range of amenities, including two pools, two hot tubs, a club house, tennis courts, playground, basketball, fitness room, and a scenic walking trail around a large lake, all complemented by an active social committee/calendar for residents' enjoyment. Perfectly situated in a cul-de-sac this beautiful home is on a generous lot with no rear neighbors. Inside the home you'll discover a thoughtfully designed split plan layout. The formal living and dining areas provide an elegant atmosphere for entertaining guests. The kitchen is a chef's delight, with ample storage, bar seating for four, and updated countertops. The family room is a comfortable and inviting space with a floor-to-ceiling built-in library that adds warmth and character. When it's time to relax or entertain outdoors, you'll appreciate the screened-in and covered lanai. For enjoying Florida's pleasant weather outdoors and birdwatching over Phillipi Creek, there is a lovely wood deck with a fire pit-a perfect spot for gatherings. For those needing a dedicated workspace, there's a well-appointed home office or flex space that offers versatility to accommodate various needs, whether it's remote work, a hobby room, or an additional bedroom. The primary bedroom is generously sized, providing a tranquil retreat overlooking the lanai. It includes an ensuite bathroom with walk in shower, and a walk-in closet. Meanwhile, two guest bedrooms and a guest bath are situated on the other side of the home, ensuring privacy when needed. Notable Features: Oversized 750+ Sq. Ft. Garage with Plenty of Room for Your Boat!!! Updated Water Heater 2023. Fresh Exterior Paint 2024. Roof 2014. Additional Refrigerator in the Laundry Room. No CDD fees, and low HOA fees, making this home a great value proposition. Schedule a tour to experience the charm and convenience it offers firsthand.
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$548,000
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 | $438,400 | $438,400 | $438,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $247 | $247 | $247 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,991 | $2,914 | $3,729 |
Total Monthly Payment | $3,330 | $3,253 | $4,068 |
* 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.