Welcome to the beautiful 2-storey, 3-bedroom 2. 5 bath home. You will not want to miss this move-in-ready Kiwi Model by Meritage. Completed in January of 2023, this charming two-story contemporary farmhouse with a 2-car garage is located on a small lake inside the Crescent Grove Neighborhood of Babcock Ranch. Upon entering the foyer follow vaulted ceilings up the stairs to the second level or a direct path to the great room, kitchen, and lanai. Classic amenities include white shaker cabinets, a walk-in pantry, quartz countertops, steel appliances, a dual basin sink, and an electric glass-top stove. The laundry room is conveniently located on the second floor with all three bedrooms which have been uniquely designed around a loft and game area. In the master suite find dual sinks, a walk-in shower, a linen closet, a clothes closet, and a water closet with a door for added privacy. Ceiling fans with light features have been installed in each room for added light and air circulation. Enjoy every SWFL sunrise from your east-facing screened lanai. The house is conveniently located close to Founder's Square and a short distance to the NEW park system, Babcock Neighborhood School, and Crescent B Commons featuring Publix and restaurants! Live a better life in Babcock Ranch!
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Our Executive Mortgage Banker:
Our Insurance Division:
$394,900
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 | $315,920 | $315,920 | $315,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $222 | $222 | $222 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,155 | $2,100 | $2,709 |
Total Monthly Payment | $2,452 | $2,397 | $3,006 |
* 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.