Impressive value will put this home at the top of your list for outstanding prime location, desirable community and the many updates that include a new air conditioner, 8 yr old tile roof along with a very low HOA fee. Stunning 3 bedroom, 3 full bath lakefront pool home loaded with curb appeal. The open living area has gorgeous bamboo flooring, plantation shutters, volume ceilings and crown molding adding to the long list of luxurious features. Preparing a meal will be a joy in the kitchen that includes GE Profile stainless appliances and pantry. The wet bar off the kitchen is the perfect spot for your coffee and or wine bar. It’s all about the floor plan and the master suite doesn’t disappoint! Plenty of room and a generous walk in closet. The 3rd bedroom is the size of most master bedrooms with its own bath and a walk in closet making it a perfect guest suite, mother in law or family room. French doors throughout lead you to your large outdoor living space and pool deck with a captivating long lake view!! The southern exposure will allow you to enjoy morning coffee, lunch, evening meals and star gazing in between dips in the pool. Located in the the University Park area, Mote Ranch is just minutes from the area’s best dining, shopping and the vibrant arts and culture scene of downtown Sarasota. The community has a heated Jr olympic pool, kayak launch and playground. ***LOW HOA fees and NO CDD FEES*** Conveniently Located just a few miles to Whole Foods, Fresh Market, Bendersen Park and all the great shopping along University Parkway including the UTC Mall. A short 15 minute drive to Sarasota airport and just a 30 minute drive to downtown Sarasota, St Armands Circle and the beauty of Lido Beach on the Gulf of Mexico. Your Florida Lifestyle awaits. . . .
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William Raveis Real Estate
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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 | $463,920 | $463,920 | $463,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $405 | $405 | $405 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,009 | $2,971 | $3,852 |
Total Monthly Payment | $3,506 | $3,468 | $4,349 |
* 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.