This esteemed Taylor-Morrison "Sanibel" model home nestled in the Tuscan inspired gated community of Terracina at Lake Forest boasts custom upgrades and meticulous designer finishes throughout. Featuring tile roofs, paver driveways and elegant wrought iron accents, this home exudes curb appeal and exceptional privacy. The spacious, open-concept floor plan includes a dramatic great room with soaring ceilings which flows seamlessly to a private covered patio. The oversized kitchen is a chef's dream, with 42-inch cabinets, stylish backsplash, under-cabinet lighting, a large center island and GE stainless steel appliances. This home features a thoughtful spilt floorplan with the master suite and two private bedrooms located upstairs. The master bathroom offering a spa-like bath with a separate shower, large jetted tub and dual vanities - ideal for unwinding after a long day. Custom touches include decorative paint and wall coverings, recessed faux-painted ceilings, and laminate wood flooring on the second level. Additional upgrades include a home security system, intercom with radio and CD player, designer lighting, extra shelving in bedroom closets and the garage, and ceiling fans throughout. Enjoy the community’s resort-style amenities, including a pool, clubhouse, and fitness center. Conveniently located just minutes from shopping, dining, entertainment, and more, with easy access to major roads and services. This is an exceptional opportunity to own a beautifully appointed home in one of Lake Forest’s most desirable communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $387 | $387 | $387 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,291 | $2,234 | $2,867 |
Total Monthly Payment | $2,753 | $2,696 | $3,329 |
* 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.