This BRAND NEW 4 bedroom/3 bath custom-built home, located within the Burnt Store Lakes development (a subdivision of Punta Gorda Isles) is nearly complete and ready for you. The home's open floor plan is refreshingly unique and features any number of designer-inspired touches including exquisite tile flooring throughout, recessed lighting as well as contemporary lighting fixtures, ceiling fans and beautiful tray ceilings highlighting select rooms. The kitchen is graced with a substantial island, a stainless-steel appliance package and quartz counter-tops as well as ample cabinet and counter space. The spacious living/dining area adjoins the kitchen and provides access to the primary lanai (under truss) through an impressive three panel sliding glass door. The lanai, complete with a metal railing, can also be accessed through the dining area as well as one of the other bedrooms. The fourth bedroom could also be used as an office or media room - an option so many homes lack today. The master bedroom features a tray ceiling, large closet and an over-the-top ensuite with a fully tiled shower and a dual vanity. Additionally, the master's private lanai (complete with a metal railing) is accessed through a 2-panel slider and overlooks the backyard providing an ideal spot to just sit back and relax. The guest bathrooms feature double sinks while one has a tub/shower combo and the other a fully tiled shower. The handy laundry room has washer/dryer hookups and provides additional storage as does the attached 2-car garage. The home has a sturdy metal roof, impact resistant windows and doors for added storm protection. Exterior features include an impressive, covered entryway, a paver-laid driveway and walkway and an automatic sprinkler system. The home is on both water and sewer. NOTE: Some of the photos in this listing have been digitally enhanced so as to provide a more accurate depiction of the home when completed. **This is a Bank Owned Property**
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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 | $383,920 | $383,920 | $383,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $78 | $78 | $78 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,271 | $2,364 | $3,112 |
| Total Monthly Payment | $2,424 | $2,517 | $3,265 |
* 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.