Gorgeous and pristine, this 2 Bedroom 2 Bath condo is tucked away in the idyllic ‘Magnolia Crossing’ neighborhood of ‘Tara Preserve Golf and Country Club’. Perfectly equipped for snowbird or year-round living, you’ll truly appreciate the flow through the modern and open floor plan. The screened in balcony stretches across the entire rear expanse of the home, providing you with a picturesque view of a lovely pond from both the great room, and the primary en-suite bedroom. Vaulted ceilings and well positioned windows create abundant light throughout. An eat-in kitchen, with high quality finishes, stainless steel appliances, handy built in desk/workstation, all add to the lovely overall aesthetic of the home. The AC/Heating System and water heater are on the newer side. An easily accessible attached garage, plenty of guest parking, and a neighborhood heated pool, complete the package. Moments from your doorstep, are all of the active lifestyle and amenities of the ‘Tara' community. You'll enjoy top-notch golf, pickleball and tennis courts, along with a clubhouse that is teaming with activities. There are different levels of membership available, and none are mandatory. Mature landscaping throughout the many pastoral neighborhoods, will entice you at every turn, to partake in lovely walks and bike rides. Your ‘Magnolia Crossing’ condo can also be used as a successful investment property. A short drive to I-75, as well as all of the shopping and restaurants at the 'University Town Center', downtown Lakewood Ranch and 'Waterside at Lakewood Ranch'. Convenient to Sarasota Airport, the culture and arts of downtown Sarasota, and all of the nearby stunning beaches and keys that represent the very best of Florida Gulf Coast living. Easy to show!
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Our Executive Mortgage Banker:
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$344,900
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 | $275,920 | $275,920 | $275,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.936% | 7.159% | 6.276% |
Monthly Tax Payment | $143 | $143 | $143 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,882 | $1,834 | $2,327 |
Total Monthly Payment | $2,100 | $2,052 | $2,545 |
* 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.