You will fall in love from the moment you walk in to the beautiful foyer of this Jubilee floor plan that consists of 4 bedrooms, 4 bathrooms plus bonus room, 2 separate dens, 3 car garage located on a tranquil lake. This home is light and bright, perfect for entertaining with it's spacious great room that is open to the gourmet kitchen boasting top of the line Cafe appliances consisting of a 5-burner gas cooktop and range hood, built in oven and convection/microwave oven, dishwasher, French door refrigerator that includes instant hot water, expansive center island with seating, three chandeliers, large stainless sink, gorgeous granite counters with subway tile back splash, shaker wood cabinetry with lots of drawers, and walk in pantry. Butlers pantry is perfect for a coffee bar which includes a wine refrigerator. The convenient first-floor owner's suite leaves nothing to be desired with a show stopping walk-in closet with custom built-ins and safe, quartz counters, two sinks and large cabinetry, soaking tub, walk-in roman shower with seat, and separate water closet. The main floor has two additional bedrooms which makes this home a perfect split plan. Laundry room includes washer, dryer and pedestal sink. Upstairs has a large bonus room with walk-in closet for additional storage, another bedroom with a built in safe located in the closet plus an additional full bathroom. The owners have spared no expense in creating a luxurious comfortable home featuring 10' ceilings, 8' doors, tray ceilings, recessed lighting, tile flooring throughout the home including custom inlays with the exception of hardwood located in the two dens, custom crown molding, wainscoting, chair railing, and detailed wood working around the windows and on the ceilings have been adorned. Enjoy relaxing on the screened in lanai over looking the peaceful lake. You will have peace of mind knowing the windows are impact glass resistant, 2 Carrier A/C units, tankless gas water heater, irrigation system with reclaimed water, and rain gutters. This home has been meticulously maintained and cared for creating a welcoming and inviting space for all that enter. Rivo Lakes is a gated community with LOW HOA Fees and NO CDD FEES conveniently located to Siesta Key, the beaches, shopping, restaurants, hospitals, downtown Sarasota, UTC, airports, and I-75.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $860,000 | $860,000 | $860,000 |
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 | $468 | $468 | $468 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,507 | $5,507 | $7,551 |
Total Monthly Payment | $6,100 | $6,100 | $8,144 |
* 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.