One or more photo(s) has been virtually staged. Welcome to this magnificent home that just received a huge price adjustment! It's in the Meadow Lake community of Mote Ranch, one of the largest and most impressive residences in the neighborhood. This home offers a blend of spaciousness, modern updates, and picturesque views, making it a standout choice.
The interior has been freshly repainted, showcasing new appliances and updated flooring that enhance its contemporary appeal. The kitchen is a culinary delight, featuring elegant granite countertops. The master bathroom is a true retreat, boasting a new shower, stylish new vanities, and sleek quartz countertops.
With four generously sized bedrooms and two bathrooms, this home provides ample space for comfortable living. One of the bedrooms is ideally suited as a home office, perfect for working remotely or managing household tasks. The home’s layout allows for easy access to the inviting outdoor areas, including a brick paver pool deck where you can enjoy sunny days and relaxing evenings.
The property offers a beautiful view of the tranquil pond behind it, adding a touch of serenity to your daily life. The tile roof, replaced six years ago, ensures durability and style. Additionally, the two-car garage provides convenient parking and storage.
As part of the Mote Ranch community, you’ll enjoy access to a range of amenities, including a kayak launch and fishing pier on the Braden River, a community clubhouse, a playground, and a pool. The location is also highly convenient, with the UTC mall, shopping, and restaurants nearby, as well as easy access to the interstate and Sarasota airport.
This home not only provides exceptional living space but also offers a lifestyle enriched by both modern comforts and community amenities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$724,900
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 | $579,920 | $579,920 | $579,920 |
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 | $279 | $279 | $279 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,858 | $3,854 | $4,972 |
Total Monthly Payment | $4,229 | $4,225 | $5,343 |
* 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.