As you enter this exquisitely and meticulously renovated home, you will see one of the largest and well thought out pool and lanai areas. Expansive lake views only add to the serenity you will experience in this wonderful Rivendell home. Over 3000 square feet, four spacious bedrooms and three baths, plus an upstairs bonus room, make this home a popular floorplan. Extensively renovated in 2023, this home boasts neutral ceramic tile throughout, a spectacular cook’s kitchen and updated baths. The entire house has been repainted with new light fixtures and fans and as an added surprise, three tube lights (similar to skylights) which add natural light to the main living area, have been installed. A generous three car garage is a major plus. The pool area is a spectacular addition to this home. Added to the home in 2023, the pool is a heated saltwater pool and spa with an expansive paved lanai. The lanai and the views from the fully caged area will take your breath away. You will want to spend every day in your own private oasis. As one of the most desired communities in the area, Rivendell is a park like neighborhood with beautiful homes and winding trails at every turn. Close to everything, beaches, restaurants, downtown Sarasota as well as downtown Venice, the Legacy Trail, Oscar Sherer State Park and so much more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.348% | 6.201% |
Monthly Tax Payment | $666 | $666 | $666 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,347 | $5,418 | $7,426 |
Total Monthly Payment | $6,138 | $6,209 | $8,217 |
* 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.