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This beautifully maintained, end-unit townhome has had a clean inspection and is move-in ready. Located in San Michele at University Commons offers 1, 678 sq. ft. of bright, open living space with abundant natural light and privacy. This home is unique in that it provides both easy access to community amenities and a convenient location for quick entry into and exit from the neighborhood. Inside, the main level features an open floor plan with generous dining and living areas, utility closet, a half bath, and laundry room. Upstairs the primary suite includes an expanded closet and ensuite bath with a custom tiled shower. Two additional bedrooms, a second full bath and three additional closets provide for a flexible living space. Updates throughout include newly refreshed cabinets, complete AC system, plush carpet (stairs and throughout the second floor), all appliances, fresh interior paint and a brand-new quiet garage door opener. Community Amenities include a heated pool, tennis and pickleball courts, playground, gazebo, grilling area, and mature landscape. The community is pet-friendly per HOA guidelines. Location Highlights: UTC shopping and dining, SRQ airport, downtown Sarasota, Lakewood Ranch, and area golf courses are all within approximately 15 minutes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$362,000
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
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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 | $289,600 | $289,600 | $289,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $264 | $264 | $264 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,667 | $1,854 | $2,405 |
| Total Monthly Payment | $2,006 | $2,193 | $2,744 |
* 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.