WELCOME to the STUNNING San Marino model by Meritage, offering 5 bedrooms, 3 1/2 baths, and 2, 885 sq ft of thoughtfully designed living space in the sought after community of Savanna in Lakewood Ranch!! As you step through the front door, you're greeted by a welcoming entryway that leads to a versatile den/flex space perfect for a home office. The heart of the home is the beautifully upgraded kitchen, featuring granite countertops, a tiled backsplash, walk-in pantry, stainless steel appliances, under/above cabinet lighting and an island with seating. The kitchen flows seamlessly into a dining area with sliders that open to SERENE pond views, while the adjacent living room offers a cozy space to relax and unwind. The owner's suite is conveniently located on the main floor, boasting an ensuite bathroom with dual sinks, upgraded mirrors, a walk-in tiled glass shower, and a spacious walk-in closet. Also on the main floor, you'll find a laundry room with easy access. Upstairs, a media/loft room awaits, perfect for family movie nights or a cozy retreat. Four additional bedrooms, all personalized with CHARMING wainscoting and wallpaper, share 2 other bathrooms with tubs to ensure convenience for the entire family. Step outside to the open lanai with pavers, offering plenty of space for outdoor entertaining or relaxing while taking in the peaceful pond views. There's also potential to add a pool, creating your own private oasis. This home is designed with METICULOUS attention to detail, featuring wood-like tile throughout the main areas of the first floor, fresh paint in high traffic areas, custom wood trim and wall tiling, wallpaper accents, updated light fixtures and ceiling fans. Additional upgrades include custom mirrors in all bathrooms, extra shelving in closets, wall tiling in 2 bathrooms, newly upgraded landscaping, and an extended driveway. ALL TV's and outdoor refrigerator are included with the purchase of this home, adding even more value to this beautiful property. Savanna is a fabulous community with LOW HOA resort-style amenities such as a clubhouse, swimming pool, state-of-the-art fitness center, basketball courts, playground, dog park and numerous walking paths. Lakewood Ranch is known for their A+ rated school system and is perfectly located just a short ride to downtown Sarasota, St. Pete, world class shopping, fine dining and the FAMOUS Gulf beaches! Don't wait to make this your home and begin your FLORIDA Lifestyle!
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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 | $679,920 | $679,920 | $679,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.444% | 6.748% | 7.366% |
Monthly Tax Payment | $721 | $721 | $721 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,467 | $4,354 | $6,017 |
Total Monthly Payment | $5,280 | $5,167 | $6,830 |
* 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.