One or more photo(s) has been virtually staged. PROJECT COMPLETED! You will not want to miss out on this beautiful, new construction, open floor plan, 3 bedroom + Den/Office, 3 bath lakefront home located in the highly sought-after Sherwood Estates. This rarely available almost 2, 500 sq. ft home has been thoughtfully designed and laid out to keep and maintain the beautiful mature trees on this almost a third of an acre lot along with capturing lake views from almost every room in the house. Did we mention there are no CDD fees or deed restrictions so you can bring all your toys all while keeping your tax bill lower.
Features include: pavered driveway and lanai, custom plywood cabinetry, solid surface counters, vaulted ceilings, walk-in closets and pantry as well as block construction and impact windows to keep insurance costs down.
Location is everything and this home is conveniently located in a great school district and just minutes from I-75, the UTC shopping district, Downtown Sarasota, Sarasota Memorial Hospital and about 20 minutes to St. Armands Circle and Lido Beach. You will not want to miss your chance to own this brand new piece of paradise! Up to $25, 000 builder credit opportunity available with submission of an accepted offer.
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:
$825,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.500% | 7.250% | 7.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.995% | 7.354% | 7.292% |
Monthly Tax Payment | $84 | $84 | $84 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,615 | $4,502 | $5,978 |
Total Monthly Payment | $4,791 | $4,678 | $6,154 |
* 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.