AFFORDABLE LUXURY IS WHAT YOU WILL FIND IN THIS 2 BED + DEN / 2 BATH / 2 CAR GARAGE MAINTENANCE-FREE VILLA FEATURING STUNNING HIGH-END FINISHES AND QUALITY UPGRADES STEPS FROM THE NEIGHBORHOOD POOL. This Medallion-built FORMER MODEL HOME features the type of unique custom finishes that are hard to find at this price point which is what makes this home such a great find. From the moment you arrive, you will know this one is special. The exterior curb appeal is enhanced by the mature lush landscaping, BRICK PAVER DRIVEWAY, TILE ROOF, STONE FACADE ACCENTS, and welcoming covered front porch. The OPEN CONCEPT GREAT ROOM FLOOR PLAN gives you the kitchen-dining-family room combination that makes casual Florida living so great. The heart of this home is the beautifully designed chef's kitchen which features modern STAINLESS-STEEL APPLIANCES, QUARTZ COUNTERS, SOLID WOOD SHAKER CABINTRY, and a generous pantry. The LARGE CENTER ISLAND is a spot where friends and family will love to gather. Adjacent to the kitchen is a ** DEN WHICH CURRENTLY CONFIGURED AS A LARGE FORMAL DINING AREA ** with DRY BAR, CUSTOM CEILING DETAIL, AND CROWN MOLDING. A new owner may wish to convert the existing formal dining room back to a den by simply placing a dining table in the expansive great room which makes the space so flexible. The great room features RICH ENGINEERED WOOD FLOORING and a large custom built-in entertainment center which is perfect for displaying your treasures and precious photos. SLIDING GLASS DOORS LEAD FROM THE GREAT ROOM TO A LARGE 28' x 16' COVERED AND SCREENED LANAI with brick pavers and a SUMMER KITCHEN complete with COYOTE GAS GRILL which makes outdoor entertaining fun and easy. Additional foliage including mature Areca Palms have been planted outside the lanai creating a SUPER PRIVATE TROPICAL COURTYARD PARADISE VIBE has serious wow factor. The primary suite is a true retreat boasting tray ceiling, cozy reading nook, and TWO LARGE WALK-IN CLOSETS WITH CUSTOM BUILT-INS. The ensuite bathroom is equally impressive, featuring a glass-enclosed shower and dual sinks. The split bedroom floorplan gives this home great privacy and separation of space. The second bedroom which is at the front of the home has a beadboard accent wall and clever ceiling design. The second bath includes a convenient shower-tub combo and fine finishes. The functional laundry room is both practical and stylish, equipped with ample shelving for storage. University Village is a warm and friendly small boutique gated villa enclave that offers a HEATED COMMUNITY POOL and SPA with covered lanai area, SOCIAL CLUBHOUSE with card tables and kitchen, DOG PARK, and GATED SECURE ENTRY. The SUPER LOW HOA OF ONLY $317/MO COVERS YARD CARE AND GIVES YOU FULL USE OF ALL AMENITIES AND THERE IS ABSOLUTELY NO CDD FEE. Close to Publix, UTC Shopping and Entertainment district, Downtown Sarasota, Bayfront, Lido and nearby Gulf beaches, and SRQ Airport. THIS HOME IS AN ABSOLUTE MUST SEE!
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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 | $383,200 | $383,200 | $383,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $495 | $495 | $495 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,614 | $2,547 | $3,232 |
Total Monthly Payment | $3,184 | $3,117 | $3,802 |
* 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.