WATER VIEWS two bedroom plus two bathroom home in the sought after LAKE TIPPECANOE in Sarasota. This MAINTENANCE-FREE home boasts a screened-in front porch, overlooking the lake. Sit down in the porch and have your morning beverage, relax and enjoy the view of the water. The great room is spacious and ready for your gatherings with friends and family. The kitchen is just around the corner with a space for a dinette and it's light and bright. The laundry closet is located in the kitchen for your convenience. The main bedroom features walk-in closet, bathroom and a ceiling fan. The guest bedroom is closer to the kitchen and has a generous built-in closet. RECENTLY PROFESSIONALLY HAS BEEN PAINTED INTERIOR. Lake Tippecanoe is 55+ community with a spacious swimming pool, shuffle board, clubhouse, social calendar and beautiful lake. The HOA covers cable TV, Internet, sewer, water, common grounds maintenance, roof and manager. Siesta Key is only 7 miles away for you to take walks, soak in the sun kissed sand and azure water of the Gulf of Mexico. Take part of the Downtown scene with all the culinary and cultural hubs that Sarasota has to present to you. Easy access to I-75, UTC Mall, hospitals and more. Make Narraganset TRL your all year round, or vacation home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,000
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 | $127,200 | $127,200 | $127,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $151 | $151 | $151 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $868 | $845 | $1,073 |
Total Monthly Payment | $1,094 | $1,071 | $1,299 |
* 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.