One or more photo(s) has been virtually staged. Experience the best of both worlds in this beautiful Mercedes Homes Paradise Cove model. Nestled within the gated community of Ashmonte in Oakstead, this 5-bedroom, 3-bath home offers nearly 3, 800 sq ft of luxurious living space. The enormous Dining Room can be split into a Front Room / Dining Room Combo and features Marble Floors. The gourmet kitchen features stainless steel appliances, granite countertops, and a walk-in pantry. A Large Living Room, Guest Bedroom, Full Bath on the first floor. Upstairs includes a grand master suite with wood floors, a raised sitting area and Two Walk-In Closets, a Walk-In Linen Closet and Bathroom with Dual Sinks, Soaking Tub and Walk-In Shower. 3 Additional Bedrooms, another Full Bath and a Massive 15 x 23 Bonus/Game Room are located on the second Floor. French Doors from the Master Bedroom and Bonus Room lead to the 10 x 48 foot Balcony overlooking the gorgeous Pool and Spa that backs up to a serene pond with preserve behind it. This home is also equipped with a Whole House Automatic Stand by Generator that will run everything should the power fail. Both A/C Units were replaced in 2015 and 2016 with 15 Seer 5 ton Trane Units and all of the windows in the home have been tinted. Roof was replaced in 2024 along with the hot-water heater. Oakstead is a Family Friendly active community with a beautiful Clubhouse, Pool and lots of activities ideally located along State Road 54 just minutes from the Suncoast/Veterans Expressway, US41, and Interstate 75 - 30 minutes from Tampa Airport
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William Raveis Mortgage, LLC
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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 | $640,000 | $640,000 | $640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $675 | $675 | $675 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,204 | $4,204 | $5,358 |
Total Monthly Payment | $4,971 | $4,971 | $6,125 |
* 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.