This wonderful maintenance free pool home is in the process of getting a BRAND NEW ROOF!!!Located in the gated Edgewater Village and the charming Edgewater Cove, on a completely private preserve lot, you will find this beautiful home has the potential you have been looking for. High ceilings open as you enter through the double glass doors, the kitchen is open to the breakfast nook and the living room and fully pocketing 2 sets of sliding glass doors are leading to the peaceful outdoor living with an ample covered area, outdoor kitchen and pool. Main bedroom is large with 2 spacious walk-in closets and a bathroom with a garden tub and access to the pool area/doubles as a pool bath. The guest bedroom and bathroom are located in the front of the house. French doors enclosed office/den is the perfect place to work from home. The carpet was just replaced, the tile and grout have been professionally cleaned so you can comfortably move in, while making the updates you choose. The laundry room comes equipped with a washer, dryer and a sink and leads to the 2-car garage. The community features heated Pool/Spa & Clubhouse, access to the gorgeous Lake Uihlein, which offers community boat ramp, fishing pier and storage for canoes, kayaks and small boats and a picturesque Gazebo to enjoy spectacular sunsets. Location cannot be more perfect, Lakewood Ranch hospital is minutes away, as well as A rated schools and the private Outdoor Academy, UTC Mall and everything the University Pkwy corridor offers. You could bike to the Lakewood Ranch Main Street and fill your social calendar with many events, Farmer’s Market on Sundays, First Friday’s live music and festivals, Waterside Place and the newest restaurants in the area. You can also walk/bike/run on 150 miles of LWR trails, stay active in the adjacent Legacy Golf Course and Athletic center, golf, tennis, fitness, swimming. Watch Sunday polo matches at the Sarasota Polo Club, there even is a Cricket Club. All these minutes away from Sarasota-Bradenton International airport and I-75 with quick access to some of the best beaches in Florida!
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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 | $455,200 | $455,200 | $455,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.042% | 6.276% |
Monthly Tax Payment | $429 | $429 | $429 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,067 | $2,990 | $3,839 |
Total Monthly Payment | $3,588 | $3,511 | $4,360 |
* 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.