Welcome to this beautifully upgraded Summerwood in Islandwalk. This golf-cart-friendly community in Wellen Park enjoys the lowest HOA & CDD fees in the area, & offers amazing amenities. This 2019 Summerwood has 2 bedrooms & 2 full baths as well as a flex room which can serve as a den or 3rd bedroom. Genuine hardwood flooring is in the common areas & quality neutral carpeting are in the bedrooms. Enhanced features are the custom crown molding throughout the main areas of the home & the custom Plantation Shutters that grace every window. Decorative shiplap adorns one wall in each of the living room, primary bedroom & den creating a stunning focal point. The dining room has one accent wall which contrasts perfectly with the 2 adjoining walls and coordinates with the living room's shiplap. The gourmet kitchen's large island can serve as a breakfast bar or Hors d'oeuvre station when entertaining. All appliances are stainless steel & the cabinets were upgraded when the home was built. The attractive backsplash & granite counters accentuate the kitchen's beauty. The owners have designed this home to be elegant yet comfortable to fit the Florida lifestyle which includes the extended covered screened lanai. Enjoy serene water views by day & lighted landscaping by night. The 2 left screens as you enter are fitted with both automated sun shades & Kevlar hurricane shades while the other screens have the Kevlar screening. This lanai has 3, not just 2, fans to help with the breeze on those warmer days. There is space to further extend the lanai or to install a pool. Inclement weather is not an issue as the owner installed Storm Smart hurricane shades on all the exterior windows. As you first approach the home you will notice the warm stone veneer added to the front of the home. Your eyes will be drawn to the exquisite impact glass front door which is further protected by a pull down hurricane shade. The primary bedroom has an en suite bathroom with dual sinks, large shower, water closet & a customized walk-in closet. The guest bedroom & bath are located on the opposite side of the home for mutual privacy. The spacious laundry room has been upgraded with custom cabinets for extra storage, & the owner added another closet nearby. The garage is a handy-man's or car lover's dream with a mini-split a/c, insulated garage door & ceiling. There are two 4'x8' storage racks on the ceiling & an aluminum stairway for easy access to the attic. Other upgrades include a Wade King Water Eco Filtration System, a whole-house surge protector & a portable generator transfer switch. Islandwalk offers 2 pools, 2 lap pools, tennis, bocce & pickle ball. The full-time activities director ensures the residents have plenty of activities & entertainment from which to choose. Islandwalk is located next door to Downtown Wellen Park where residents can enjoy shops, restaurants & even more entertainment. The Beaches are about 20 minutes away & the world-famous Siesta Key Beach is about 45 minutes away. The HOA fee covers the activity director, 24-hour Guard, cable TV, "high speed internet, 3 DVR boxes, all landscaping & maintenance, 2 dog parks, all recreational activities & maintenance. The HOA office is open 7 days/week. Islandwalk is a scenic community with its arched bridges & walking paths, & more importantly, the community build-out is complete so you will not have any construction noise. Make your appointment today to see this lovely home, you will be glad you did.
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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 | $519,920 | $519,920 | $519,920 |
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 | $487 | $487 | $487 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,372 | $3,329 | $4,317 |
Total Monthly Payment | $3,951 | $3,908 | $4,896 |
* 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.