Beautifully renovated end unit ground floor villa in the over 55 neighborhood of Lake Tippecanoe. This unit has an expansive view of the greenbelt, with an open patio and an enclosed rear porch with real windows. Lake Tippecanoe has an active social calendar, heated pool, clubhouse with kitchen, outdoor amenities and their own water and sewer system. All the big ticket items have been done, including the A/C and Ducts, extra insulation in the attic, Kitchen and Primary Bath remodel, LVP flooring, and Impact Glass Windows. Kitchen has newer Shuler cabinetry, with Pendant lighting, built in racks and soft close drawers, and a custom eat in bar top with seating for 4. Pantry closet off the kitchen has the washer, dryer, and newer hot water heater. Ground floor end unit villas in this condition are rare and hard to find. Excellent location in central Sarasota with a short drive to downtown, Siesta Key Beach, I-75 and UTC corridor. The association is well run and professionally managed. Come and see for yourself!
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Our Executive Mortgage Banker:
Our Insurance Division:
$244,900
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 | $195,920 | $195,920 | $195,920 |
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 | $107 | $107 | $107 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,303 | $1,302 | $1,680 |
Total Monthly Payment | $1,485 | $1,484 | $1,862 |
* 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.