Tranquility and peace of mind await you in the quiet well-maintained neighborhood of Mote Ranch. This updated open floor plan has a NEW Barrel Tile Roof (2024), NEW Interior and Exterior paint (2024), and NEW Air Conditioner (2023); Hot Water Heater was replaced in 2020. The home is situated on a private mature preserve adjacent to a pond. This immaculate home boasts 10 foot ceilings throughout and 12 foot ceilings in the Gallery Style Foyer. Tray ceilings in the Great Room and Primary Suite, Rounded Drywall Corners and Arched Doorways and Windows tell the tale of thoughtfully planned architectural details. The Kitchen is bright and open and has Painted Maple Wood Cabinets, Stainless Appliances, a Double Oven Range, NEW Quartz Counter Tops, a large Single Level Breakfast Island, and a Walk-in Pantry. There is also plenty of room for guests in the split plan, two separate guest rooms with shared bath that features a tub/shower combo and ample counter space. The Study (home office) is located at the rear of the home and fully takes advantage of the luscious Preserve views. Ceiling fans in all the bedrooms, den, great room and lanai. Tile throughout main living area and den, and laminate in all bedrooms make for easy care and maintenance. The Primary Bedroom is spacious and will accommodate a king-sized bed, oversized nightstands, dresser and sitting area. The two Primary Suite closets are oversized, and the main closet is outfitted with thoughtfully appointed built in storage for the perfect start (and finish) to your busy day. The Primary Bath is Spa-like and features a Soaking Tub, over-sized Shower and Separate Vanities. Eight foot slider doors from the Great Room, Primary Bedroom and the Study lead to the oversized lanai which is tiled for easy upkeep and has beautiful preserve and lake views. Live in tranquility but be close to the heart of World Class Shopping at University Town Center, Excellent Dining, Entertainment; and Sports Venues at Nathan Benderson Park. LOW HOA fees and NO CDD. A Heated Community Pool, Nature Trail and Private Fishing Pier on the Braden River round out the never-ending activities of this neighborhood; all within a short drive to I-75, World Class Beaches and the Sarasota-Manatee International Airport. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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Our Executive Mortgage Banker:
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$549,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.984% | 7.146% | 6.256% |
Monthly Tax Payment | $563 | $563 | $563 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,922 | $2,919 | $3,704 |
Total Monthly Payment | $3,577 | $3,574 | $4,359 |
* 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.