Amazing Sarasota location! Lakeridge Falls is a “hidden gem” close to many of the amenities Sarasota is noted for, but tucked away in a peaceful, 55+ community. The community consists of 399 homes located on 170 acres that includes 16 scenic lakes, a preserve area, extensive paved walking paths and beautiful, green and flourishing grounds. The clubhouse, pool and fitness facilities have recently had a major renovation and now have larger and modern amenities. The homes are solidly built and have remained high and dry during our rainy seasons since 2001. This 2 bedroom, plus den home has one of the prettiest lake views in the community. The enclose lanai captures the full view and offers a tranquil place to sit and enjoy nature. The zen-like garden just outside the lanai adds to the ambiance. The kitchen features granite countertops, including a kitchen island with matching granite. There is natural gas for clean cooking and for heating water. The flooring throughout to main home is tile and in a neutral tone that will match any decor. The primary bedroom and the den have warm and inviting hardwood floors. The den is currently being used as an office with bright light from large hurricane impact windows and custom plantation shutters. There is a custom built-in wall with cabinet storage and shelving. The dining room can accommodate a large table for entertaining. The spacious living room also has a custom built in cabinet for storage and electronics and is the heart of the whole house sound system. The large, impact windows allow lots of light to fall into the room through plantation shutters. The primary bedroom has an en-suite bath that features a relaxing soaking tub, an updated separate walk-in shower with built in bench and an expansive vanity with granite countertop. The large walk-in closet has lots of storage area. The guest bedroom and bath are located in the front of the house and give your guests privacy and lots of light. The bath has been updated and features a metal vessel sink and wall mounted fixtures. With it’s wonderful location and safe and secure community from the gated aspect to the history of safety in storms, well, this is living in paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,900
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 | $359,920 | $359,920 | $359,920 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $260 | $260 | $260 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,392 | $3,035 |
Total Monthly Payment | $2,730 | $2,727 | $3,370 |
* 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.