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AMAZING! LAND OWNED home on a large corner lot in the 55+ community of Ridgewood Meadows. Looking for a large home, this home features over 1, 900 sq. ft. of living space. Outside, this home has a 40’x 20’ carport which was added just a few years ago, plus a 2-car garage with loft for all the storage you will ever need. The owner had the drive way and carport area widen so there is plenty of room for multiple cars and golf carts. A new roof was installed with upgraded windows throughout. Inside, the home has a formal living room with fireplace, a dining area and a split floorplan for the bedrooms. A beautiful large (13’x20’) family room is the perfect place for family gatherings. The kitchen is very large with many cabinets and two pantries, large open counters for creating those perfect holiday dinners for your northern guests! This home has a split floorplan with 2 guest rooms and then the primary bedroom with a custom bathroom. Need office space or craft area, this home has a huge all-season room (10’x25’) which will accommodate any activity you will need. This is a great home with way too many features to list. The Meadows community has very low HOA/Condo fees which include lawn maintenance. A beautiful clubhouse, pool, spa, tennis courts, Pickle ball courts, shuffle board and a fun outdoor fitness area. Golf cart and small pet friendly. Ridgewood has close access to I-75, many restaurants, the Ellenton Outlet Mall, Manatee County Library and provides 24-hour gated security. The Ridgewood Meadows is a great 55+ community offering many activities and social events to enjoy. All room sizes are approximate. All information is deemed reliable but should be verified by buyers and/or buyer's agent.
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $187,920 | $187,920 | $187,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.533% | 5.920% |
| Monthly Tax Payment | $131 | $131 | $131 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,127 | $1,172 | $1,548 |
| Total Monthly Payment | $1,333 | $1,378 | $1,754 |
* 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.