Under contract-accepting backup offers. NEW PRICE REDUCTION-WATERFRONT CUSTOM CALATLANTIC HOME IN ARBOR GRANDE! This custom Somerset floor plan boasts a wide open plan with an extended living area and built-in fireplace on a feature wall downstairs. Downstairs has a den with French doors, powder room, and an oversized laundry room with a window. This Somerset has an extended living area option (added from the builder) which looks out to the screened lanai, fully fenced backyard, and gorgeous pond views. A bright open kitchen with window has stainless appliances, large walk in pantry with solid wood shelves and 42 inch white wood cabinets. Kitchen opens into the spacious dining and living areas. Upstairs has four bedrooms and three full baths. High ceilings, neutral colors and large windows add to the overall light airy feel of this immaculate home. The oversized extended primary suite is stunning with wall-to-wall windows, large spa shower and dual vanity and sinks. Three private entry gates from Arbor Grande allow access to Bob Gardner Park with walking trails, playground, soccer field, and frisbee golf just steps away. This home comes with a complete SOLAR system already installed, offering both convenience and energy efficiency. This home is perfect for an active family, great for entertaining, and has lots of room for a pool too! Arbor Grande is a gated community with heated beach entry pool, well appointed Clubhouse, fitness center, bocce ball, sand volleyball, and an active social calendar of events for all ages. Lakewood Ranch is surrounded by excellent shopping, dining, golf, and great schools. A scenic 35 minute drive will have your toes in the sand on our many world famous beaches. Easy to show this home has been loved and well cared for. This one is move-in ready for your family to call their new home!
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William Raveis Real Estate
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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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | $591 | $591 | $591 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,845 | $4,725 | $6,364 |
Total Monthly Payment | $5,528 | $5,408 | $7,047 |
* 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.