Under contract-accepting backup offers. One or more photo(s) has been virtually staged. !!PRICED TO SELL!! HUGE PRICE IMPROVEMENT . . . Welcome home! GORGEOUS 3 bedroom, 2 1/2 bath luxury townhome in the amazing community of Lorraine Lakes in Lakewood Ranch, offers a stunning view of the lake. With its contemporary design and luxurious features, this townhome provides a comfortable and stylish living experience. As you enter the townhouse, you are greeted by an open-concept living area that seamlessly combines the living room, dining area, and kitchen. Some of the features included are: hurricane protection on sliding glass doors and windows, granite countertops, SS appliances, designer lighting in all bathrooms, tankless water heater, a Ring doorbell for enhanced security and more. Upstairs, you will find the 3 bedrooms, each designed to provide comfort and privacy. The primary room boasts a spacious layout, large windows, and 2 walk in closets. The en-suite bathroom features designer plumbing fixtures and accessories. The other 2 bedrooms are well-appointed and share a stylishly designed bathroom. This townhouse is part of a community that offers amenities such as a resort style pool with lap lanes, tennis, pickleball and basketball courts, splash park, playground, turf putting green, sand volley ball and state of the art fitness center. There are many activities to choose from! Conveniently located near downtown Sarasota, world class dining and shopping, St Pete, A rated school system and our famous gulf beaches! It is the perfect place to call home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$368,000
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 | $294,400 | $294,400 | $294,400 |
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 | $538 | $538 | $538 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,008 | $1,957 | $2,483 |
Total Monthly Payment | $2,621 | $2,570 | $3,096 |
* 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.