Under contract-accepting backup offers. Divine is in the details of this lovely 3 bedroom, 3 ½ bath professionally redesigned home in the Oaks Preserve. No need to be concerned with remodeling, as this home underwent a complete renovation in 2023. This exceptional property meets the demands of today’s discriminating buyer, with a spacious chef’s gourmet kitchen featuring top of the line stainless appliances, a large prep island, quartz countertops throughout, and an open concept for ease in entertaining. The family/gathering room is large enough for dual seating areas, and has a panoramic view overlooking the lanai, and a serene vista of the lovely oaks and lake with a fountain. The separate dining room has French doors, and is a sizeable space for a large table. The living room has beautiful views of the outdoors allowing natural light. The Owners’ suite also has direct access to the lanai, and the Owner’s bath is a spa-like oasis with a free standing soaking tub, separate shower and large dual vanities with quartz counters. Two guest bedrooms have en suite baths and are private for visiting family and friends. Custom finishes include 24x24 porcelain floors that span the residence, plantation shutters, custom recessed lighting, tons of built-in storage cabinetry with pull out drawers, solid wood doors, new paver driveway, new roof, and an epoxy finished floor in the two-car garage with additional storage. The lanai is perfect for al fresco dining with room for a large table and an additional seating area. No need to worry about maintaining a pool, as the neighborhood pool is steps from the home. Residents walk and bike the neighborhood, and there are social gatherings frequently at the pool house. The Oaks Country Club is one of the finest in southwest Florida, offering two 18 hole championship golf courses, 12 HarTru tennis courts, pickleball, a regulation croquet lawn, a variety of dining options from casual to gourmet, men’s and women’s clubs, and an abundance of social activities throughout the year. Membership is required, either social or golf, and The Oaks is centrally located, minutes to downtown Sarasota, the beaches, arts and shopping. This home is a must see.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,195,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.786% |
Monthly Tax Payment | $535 | $535 | $535 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,280 | $6,121 | $8,394 |
Total Monthly Payment | $6,940 | $6,781 | $9,054 |
* 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.