This upgraded 2022 corner lot home features 4 bedrooms, 3 bathrooms and is located in the community of Lorraine Lakes at Lakewood Ranch, and close to Resident Gate on Rangeland Parkway for quick trips! Walk into the foyer with extra high ceilings, with 10 foot ceilings throughout the main living areas and bathrooms. Open-concept ‘Great Room’ design connecting the kitchen, dining area, and living room- with bedrooms split up nicely. This is also new custom professional built-in cabinetry in the main bedroom’s walk-in closets, in the living room, pantry, and dining area. The kitchen is perfect for entertaining and includes features like gas range, stainless steel appliances, a vented microwave, quartz countertops, ample cabinetry, R/O water on tap, and a walk-in pantry with custom installed shelving. Shaker cabinets with crown molding and a central island big enough for three seats, with pendant lighting.
Loads of natural light comes in from the large dining area window and tall sliding glass doors leading to the screened-in lanai. The main bedroom is bright and large with en-suite bathroom that features dual vanities, quartz countertops, a very spacious walk-in shower, linen closet, and private water closet. This home also has ANOTHER bedroom with a full bath, currently being used as a home office.
Plus 2 more bedrooms located at the front of the home, each one separated by their own full bath. Other extras include: front rain gutters, smart home capabilities, window treatments on all windows, and a separate laundry room that comes with the washer and dryer.
The community of Lorraine Lakes has a 25, 000 square foot Clubhouse, featuring a coffee lounge, a Restaurant, an indoor/outdoor Bar, aerobic center, basketball court, arcade room, and fitness center. Other exterior amenities include two pools, a splash pad, poolside bar, tennis and pickleball courts, a putting green, volleyball, bocce ball, and a playground.
This community is in a great location with easy access to Sarasota and Bradenton, providing loads of shopping, dining, and entertainment choices.
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Our Executive Mortgage Banker:
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$599,000
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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $681 | $681 | $681 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,269 | $3,185 | $4,044 |
Total Monthly Payment | $4,042 | $3,958 | $4,817 |
* 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.