Enjoy carefree living in an intimate gated enclave of just 55 Mediterranean style homes, only 3 miles from historic downtown Venice and its beautiful beaches, restaurants, boutiques and cultural events. Easy living as HOA covers all landscaping maintenance. Combine that with low HOA fees and no CDD fee, a heated resort-style pool, spa, clubhouse and numerous community events organized by the resident's social committee. This beautifully maintained 3-bedroom home plus a flex room for dining or a den, offers a 12ft foyer, 10ft tray ceilings, crown molding throughout, beadboard in the dining room and kitchen, plantation shutters, and tiled floors throughout the home, just to name a few quality upgrades. The owner's suite is private and comfortable with two walk-in closets, adjoining bathroom with dual sinks, granite counter tops, and walk-in shower. Numerous pocket doors throughout, and 8ft doors add to the home's grandeur. The 8' tall by 12' wide retractable sliding doors in the great room lead to a cozy paver lanai. The large pie-shaped lot in the back of the community provides privacy and wonderful views of two ponds and the woods in the back of the home-great for bird watching with your morning coffee. This home is equipped with hurricane impact windows keeping the home more quiet and more energy efficient as well. An added bonus is a new AC system installed November 2024 with a 10 year transferable warranty, and convenient upgrades too numerous to mention. Don't miss this opportunity to live in a lovely home in one of Venice's nicest and well maintained communities. Visit Grand Oaks-Venice community webpage for more details.
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Our Executive Mortgage Banker:
Our Insurance Division:
$489,000
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 | $391,200 | $391,200 | $391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $282 | $282 | $282 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,603 | $2,636 | $3,354 |
Total Monthly Payment | $2,960 | $2,993 | $3,711 |
* 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.