Gorgeous home in the sought-after, active 55+ community - Cascades at Sarasota. Well-maintained, picturesque community near everything the greater Sarasota area has to enjoy. Close to Lakewood Ranch, the renowned UTC mall, and driving distance to area beaches. Home is on a cul-de-sac for added privacy. Driveway is extended with ample parking. Home is freshly painted inside with vaulted ceilings, ceiling fans, and plantation shutters throughout. Beautiful, upgraded tile throughout; neutral colors; and large closets. Den is large with lovely double doors and vaulted ceiling. Kitchen includes a spacious office nook. Newer appliances, hot water heater approximately 5 years old. Gutters in place along front and sides of the home. Accordion hurricane shutters throughout the exterior. Extended lanai with vaulted cage - looks out onto extra land space and a tranquil pond. Back yard, along with view, is superior to many of the surrounding homes. Community is very active with numerous amenities including: 18, 874sf club house with ballroom, stage, dance floor, arts & crafts room, billiards, card rooms, conference rooms, and media room; 5 acres of recreation with 6 lighted Har-True tennis courts, 3 bocce ball courts, 2 pickleball courts, horseshoe pit, and corn hole; full time Tennis Pro on staff; fitness center with aerobics and weight/strength rooms; part time fitness instructor; and heated indoor/outdoor pool with hot tub, spa, and saunas. Community has numerous clubs and groups including: Photography, Book Clubs, Chess, Bridge, Canasta, Bingo, Poker, Pottery, Yoga, Line Dancing, Water Aerobics, Dinner Clubs, and many more. Additionally, the Social Committee calendars a wide range of professional performances throughout the year.
This beautiful home and active resort-like community is truly exceptional. It is the perfect place to live a maintenance free lifestyle and enjoy the beautiful West Coast of Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$495,000
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 | $396,000 | $396,000 | $396,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $305 | $305 | $305 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,635 | $2,632 | $3,340 |
Total Monthly Payment | $3,015 | $3,012 | $3,720 |
* 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.