The sought after premier subdivision of GLENN LAKES ESTATES is seconds away from IMG ACADEMY making it a SMART INVESTMENT for the long run of building equity or MONEY MAKING RENTAL! It is 6 miles to the azure waters of the GULF OF MEXICO of ANNA MARIA ISLAND! Don't miss out on this EXCEPTIONAL OPPORTUNITY to own a home that, with all its ADDITIONAL FEATURES, is steps above the rest? Plus, it is in a NO CDD community (making lower taxes) with LOW HOA of $179 each month that maintains the grounds! Your guests will arrive at a spacious foyer that invites them into this UPGRADED 3 bedrooms +den/office 2024 sq ft home that had a NEW ROOF in 2019, main A/C 2020, new paint inside and out in 2021. Tinted 3M window film installed at the cost of $10, 000 for sun control, decor, insulation and protection for your assurance. The sellers have the large 14x8 room as a formal dining room, it could be used as your living room. It is highlighted by a sparkling chandelier. The FRENCH DOORS open up to a spacious 16x10 office/den with double windows to bring in natural lighting. The chef's dreams are fulfilled in the large kitchen with plenty of granite counter tops/back splash, stainless steel appliances including convection microwave, 42-inch-tall light maple wood cabinets, breakfast bar, pantry closet and dedicated dining space. The OPEN FLOOR PLAN offers effortlessly entertaining from the kitchen into the family room which transitions to the tranquil lanai and large privacy fenced (6ft PVC) backyard for fun/games, room to roam or to add a pool! The large windows add natural lighting in the generously sized 15x19 primary bedroom en-suite. The beautiful bathroom is like a ZEN RETREAT with a walk-in shower, walk-in closet and a stunning modern bubble chandelier over the roman tub that will enchant you! Discover new light fixtures and endless possibilities on the other side of the house. All 3 bedrooms have the tough durability of bamboo flooring. The other 2 bedrooms share a hall bath with tub and modern vessel sink. There is a large laundry room in the hall for their convenience. When you walk into the garage you'll be impressed by the upgrades. Including new garage door torsion springs and rollers installed 2023, 1. 5-ton SEPARATE A/C with 2 exhaust fans and extra insulation in 2021(also in the attic). All of this is perfect for your work bench, craft room or as your work-out room. This SMART HOME has an active/in use security camera system with audio, Ethernet cabling in the family room, 2nd/3rd bedrooms and den. Glenn Lakes Estates has easy access to all your needs. Which includes your grocery store, gas stations, big box stores, theatre, fast food/ fine dining, golf courses and marinas! This location is convenient to St. Armand's circle, Ringling Museum, arts/entertainment district of Sarasota and Bradenton's Riverwalk. SRQ airport is nearby. I-75 is close at hand for trips to Tampa, Orlando's amusement parks or Miami's night life.
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Our Executive Mortgage Banker:
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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 | $447,920 | $447,920 | $447,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $465 | $465 | $465 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,094 | $2,977 | $3,777 |
Total Monthly Payment | $3,651 | $3,534 | $4,334 |
* 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.