GREAT PRICE IMPROVEMENT PLUS NEW TILE ROOF NOV 2024! This impressive luxury home is located in the highly desirable HILLS community of Lake Jovita Golf & Country Club. Situated on a gorgeous ¾ acre lot that offers expansive and tranquil views of the majestic Grandfather Oaks, groomed fairways and ponds on holes 11 & 12 North. Discerning buyers will truly appreciate the quality construction, finishes and upgrades throughout this custom-built and well-maintained Authur Rutenberg home. The vaulted ceilings and walls of glass along the back of the home provide abundant natural light and open to the covered lanai to expand your living space and savor the picturesque views at every turn. The well-designed floor plan includes all the spaces required for today’s lifestyle. An open kitchen/family room with gas fireplace, private office/den, formal dining room and a large bonus room with adjacent pool bath and walk-in shower. The extra-large kitchen is loaded with beautiful 42” wood cabinetry, a prep island and breakfast bar, a new refrigerator and new dual-drawer dishwasher, built-in convection oven and microwave, a cooktop, warming drawer and dining nook. The spacious primary suite boasts a seating area and double walk-in closets with custom organizers. The luxurious ensuite bathroom includes double vanities, a large walk-thru shower with multiple shower heads, a Jacuzzi tub, private water closet with toilet and bidet, another large walk-in closet AND a dedicated tankless water heater that serves instant hot water to this ensuite bathroom. The bonus room includes a bar with a refrigerator, custom cabinetry and wine rack with space to add a wine chiller. This gorgeous bonus room takes full advantage of the sweeping views with large bay windows and a triple slider to the inviting lanai that features two roomy covered areas, heated saltwater pool/spa, automatic water filler and built-in gas grill with exhaust hood. The saltwater pool system was installed in 2023, a new gas pool heater and Pentair system, for operating the pool & spa via phone app or remote control, were installed in February 2024. An extra bonus for pet lovers is the doggie door from the lanai and the invisible fence that covers the entire property; front and back. The over-sized 3-car garage with epoxy flooring includes a wall of built-in cabinets for storage, an electric vehicle charging outlet and a refrigerator. Additional features and updates include: an irrigation well that saves mega bucks on your annual water bill, radiant barrier attic insulation to enhance energy efficiency, freshly painted interior, new light fixtures in the kitchen, dining room, guest bedrooms and bonus room, and the 4 mounted televisions will remain with the home. Lake Jovita is a warm, welcoming, gated community with 2 championship golf courses, tennis courts, fitness center, community pool, basketball and pickleball courts, a beautiful park with walking path, a playground and separate dog parks for small and larger dogs. Conveniently located near excellent shopping, restaurants, medical & educational facilities, and unlimited entertainment options. Located only 5 miles from I-75, with easy access to other major highways and 2 international airports. Don’t miss your opportunity to own this special home and enjoy Lake Jovita and the Greater Tampa & Orlando Region.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $942 | $942 | $942 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,605 | $4,605 | $6,315 |
Total Monthly Payment | $5,639 | $5,639 | $7,349 |
* 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.