![]() |
Welcome home to the comfort of attainable luxury crafted by Medallion Homes, setting a benchmark in quality that surpasses Florida Building Code and industry standards. This exceptional residence boasts a well-conceived design that complements the vibrant Florida lifestyle, while enjoying the added privacy of being amid lush greenbelt greenery on two sides. Conveniently near prominent shopping districts, golf courses and top-notch medical services, this is the ideal place to call home. The residence offers a generous living space of 1, 903 square feet, comprising of three bedrooms, two baths, a spacious open living area, a convenient inside laundry room, a screened-in lanai, and an outdoor patio complete with a cozy fire pit. Quality appointments include high ceilings, engineered hardwood floors, a three-car garage and impact windows. Riva Trace is an inviting, gated community featuring 86 maintenance-free homes built by Medallion Homes. Every home enjoys a unique sense of privacy, as none back up to one another. Instead, each property offers views of either a lush greenbelt or serene water, creating a tranquil atmosphere. In addition, each home is enhanced with tile roofs and paver driveways, making it the choice for those seeking a visually appealing neighborhood. Community amenities include a scenic community dock, a canoe/kayak launch on the Braden River, and a nature trail that showcases native flora and fauna. This property boasts a convenient location, near beautiful University Park, Meadows and Palm Aire Golf courses, and is just a short drive from popular shopping centers like University Town Center, Shoppes at University Center and Lakewood Ranch Main Street, with added benefit of Lakewood Ranch Medical Center being only four miles away for your healthcare needs.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$579,000
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 | $463,200 | $463,200 | $463,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.937% | 6.778% | 6.014% |
Monthly Tax Payment | $488 | $488 | $488 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,814 | $2,966 | $3,846 |
Total Monthly Payment | $3,394 | $3,546 | $4,426 |
* 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.