Presented byRussell Rands |
When only the best will do! Your search for the perfect Southwest Florida home starts here in Somerset at The Plantation! Perfectly located near RSW and I-75, this home is situated close to everything! This MOVE-IN READY and highly desirable "Stonewater" model totals nearly 3, 000 sq ft with 3 bedrooms plus den, 3 full baths and additional half bath off the lanai. Situated with a western view to enjoy the beautiful Southwest Florida sunsets, this home was originally constructed in 2017 and includes a long list of upgrades including: freshly painted walls, doors, trim & ceilings; 12' ceilings throughout the common areas; plantation shutters on all windows; wood look tile flooring throughout; crown molding & custom millwork feature walls; great room layout with volume/coffered and tray ceiling detail; 8' doors; large over-sized kitchen with custom walk-in pantry & breakfast bar; custom closet built-ins; custom built laundry room with additional cabinets/storage and full size refrigerator; designer light fixtures with vanity mirrors; custom barn doors throughout; 3-car garage with AC and insulated garage doors; 50-amp plug-in for an electric vehicle in garage; recently updated electrical panel; and heated "spool" perfect for socializing with an amazing outdoor living area complete with fireplace and separate pool bath. This home includes full storm protection with IMPACT WINDOWS & DOORS and, for added peace of mind, ELECTRIC ROLL DOWN HURRICANE SCREENS on the lanai. Somerset at The Plantation is a gated community that includes country club amenities: resort-style pool, with an optional opportunity to join the golf club with a course designed by world renowned Hurdzan-Fry. Enjoy a full time activities director for tennis, pickleball, with a variety of clubs and league play available for a wide range of activities, enjoy an updated fitness center, & more! HOA dues include access to all amenities except golf which is separate! Affordable options to join the golf club are available! No flood insurance required as this property is located in an X-zone! No flood or storm damage to date! Come see why Somerset at The Plantation is one of Southwest Florida's leading communities!
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Our Executive Mortgage Banker:
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$1,150,000
Sales Associate
William Raveis Real Estate
Phone: 239.295.5585
Russell.Rands@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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $1,276 | $1,276 | $1,276 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,121 | $5,891 | $8,078 |
Total Monthly Payment | $7,522 | $7,292 | $9,479 |
* 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.