Back on the market due to buyer default. ENJOY PEACE OF MIND LIVING ON HIGHER LAND, unaffected by storm surge, in this beautiful saltwater pool home overlooking the 6th fairway of the St. Petersburg Country Club in the coveted golf course community of Lakewood Estates. Inside, you’ll find an open concept kitchen/dining/living room, a huge family/TV room with sliding barn doors, plus a BONUS Florida room. The kitchen features stainless steel appliances including a gas range oven and granite countertops. A stunning wrought iron spiral staircase takes you to the second floor where you’ll find 4 bedrooms with original wood floors and 2 full bathrooms - one with a jet tub! The spacious two car garage offers additional storage space. The home was updated in 2020 with new roof, gas water heater, & energy efficient investments including the purchase of a solar energy system (7. 680 kW, 24 panels - REC 320W & Enphase 107) and R49 loft insulation. You’ll love the ongoing cash saving benefit of moving into a home powered by solar panels - the average electric bill over 12 months is only $63! More improvements were made in 2021 with the addition of a heated saltwater pool and patio, landscaping, outdoor speaker system, upgraded electrical panel, and new AC air handler & coil. The backyard is a private tropical oasis of lush palms, birds of paradise, bougainvillea and more. The pool features a sun shelf where you can sunbathe & splash in the shallow water or put up the patio umbrella and lounge in the shade. Swim to the Baja Shelf in the deep end before exiting to enjoy your outdoor shower. You won’t have to spend time or money on keeping up a lawn here - the front yard is a beautifully designed xeriscape with a variety of trees, ground cover, plants and flowers selected to attract pollinators and birds. Highlights include a cozy seating area with a fire pit and the Hong Kong Orchid Tree that puts on an annual show of long-blooming, deep pink orchid-shaped flowers. With no lawn to mow, fertilize or irrigate, you can feel good about living sustainably & enjoy being in symbiosis with the natural environment that includes nearby Boyd Hill Nature Preserve, Lake Maggiore Park, and the majestic pines that frame the 6th fairway in front of the home. The championship 18-hole, par 72 golf course features newly renovated greens combined with a traditional layout. Celebrating 100 years, The St. Pete Country Club offers golf, racquet and social memberships. There's also an active civic association that brings people together - Neighbors of Lakewood Estates. This home offers easy access to the gulf beaches, boat ramps, walking trails & nature activities, playgrounds, museums, schools, shopping, restaurants, the Skyway Bridge & Marina District, downtown St. Pete, Tropicana Field, the interstate I275, Johns Hopkins All Children's Hospital, and the airport. Located in Evacuation Zone E and Flood Zone X - flood insurance is not required.
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Our Executive Mortgage Banker:
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$789,999
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 | $631,999 | $631,999 | $631,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $271 | $271 | $271 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,205 | $4,200 | $5,419 |
Total Monthly Payment | $4,568 | $4,563 | $5,782 |
* 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.