Under contract-accepting backup offers. This beautifully updated Medallion built lakeside home with private in-law or guest suite is located in the highly desirable community of River Woods. Your arrival is welcomed by a paver drive and sidewalk on an oversized lot with lush landscaping. As you approach the covered front entry, you will be greeted by an inviting leaded glass entry door which provides a hint of the delightful home that awaits you. Once inside, you will see many upgrades throughout that add to this home’s wonderful charm. The lovely floors add a soft warmth to the main living areas while the updated fans and light fixtures, plantation shutters, motorized slider blind, central vacuum, crown molding and tray ceilings are only some of the quality appointments. The wonderfully updated kitchen includes wood cabinetry, glass panel cabinet doors, quartzite counters, subway tile backsplash, induction stove top, bar counter seating and a dining area that overlooks the pool. The private owner’s retreat provides a spacious bedroom, his and her walk-in closets with custom built-ins and a glass door that opens to the lanai. The updated owner’s bathroom features separate vanities with granite counters, upgraded fixtures, a glass enclosed tile shower, a jetted garden tub and private water closet. You can entertain friends and family on your screened paver lanai using your heated pool and spa and eating food prepared with your complete outdoor kitchen while admiring the water view. Contact the listing agent for additional features too numerous to itemize here. This home is located across the street from the Manatee River where there is a walkway that extends beyond the riverbank for scenic views and watching nature. Neighborhood amenities include a community pool, tennis/pickleball courts, and a recreation center with fitness room. River Woods is conveniently located near River Park with a public boat launch, the Ellenton Prime Outlet Mall, and the Fort Hammer bridge which provides quick access to dining, shopping and entertainment in Lakewood Ranch, Sarasota and the beautiful beaches of Siesta Key. It is also located close to I75 for an easy commute to St Petersburg and Tampa.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $309 | $309 | $309 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,229 | $4,177 | $5,316 |
Total Monthly Payment | $4,630 | $4,578 | $5,717 |
* 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.