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NEW PRICE! And this home offers an assumable VA loan (subject to lender/VA approval). Buyer must qualify. Qualified buyers may benefit from favorable terms compared to today’s market. This beautifully upgraded, move-in ready home is nestled in the desirable gated enclave of Magnolia Ranch, just minutes from Lakewood Ranch and easy access south to Sarasota and north through Parrish to St Pete/Tampa. It will rival any new construction in the area. Meticulously maintained, offering many thoughtful upgrades, including an extended screened paver lanai with a disappearing corner and custom motorized window treatments and three-car tandem garage with epoxy floors. Step inside to find a modern and airy interior featuring light cabinetry, quartz countertops, tile backsplash, stainless steel appliances, and 42" upper cabinets in the kitchen—perfectly designed for both casual dining and entertaining. The large center island provides ample prep space and additional seating, while the adjacent eat-in dining area invites cozy meals with family and friends. Modern tile throughout the main living area, upgraded lighting fixtures, ceiling fans, and window blinds. The recessed walk-in shower and frameless glass door in the primary bath offer a spa-like experience, while the home’s smart features—including a Ring doorbell and programmable lighting—add security and convenience. The floor plan is smart and no wasted space, with an oversized laundry room complete with sink and cabinetry. Tucked beyond the laundry room right outside the garage entry is extra space perfect for a drop zone for bags and shoes. Magnolia Ranch is a low-maintenance, NO CDD community with low HOA fees, and is perfectly positioned for year-round residents, snowbirds, or investors. Enjoy close proximity to world-class beaches, golf, dining, shopping, nature preserves, and vibrant downtown areas.
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:
$499,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $399,920 | $399,920 | $399,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.609% |
| Monthly Tax Payment | $508 | $508 | $508 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,271 | $2,395 | $3,241 |
| Total Monthly Payment | $2,854 | $2,978 | $3,824 |
* 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.