Welcome to this stunning, nearly new villa in the desirable Lorraine Lakes community, nestled in the heart of Lakewood Ranch. This 3-bedroom, 2-bathroom home, offers a perfect blend of luxury and comfort. Enjoy the serenity of a conservation view with no rear neighbors from your spacious screened lanai. The third bedroom can be used as a Den or Office, featuring private double doors and a closet. The kitchen features elegant white cabinets, granite countertops, and a gas stove, perfect for the home chef. The living areas are adorned with beautiful tile flooring, and the living room boasts a stylish TV built-in with LED lighting and a cozy fireplace, creating a warm and inviting ambiance. The entryway welcomes you with a striking accent wall, setting the tone for the rest of the home. Additional features include a gas tankless water heater for efficiency and peace of mind.
Lorraine Lakes is a vibrant community offering residents an extraordinary lifestyle with top-notch amenities, including pickleball and tennis courts, indoor and outdoor basketball courts, volleyball courts, a state-of-the-art gym, two pools, a splash pad for kids, and social amenities. Enjoy dining at the on-site restaurant with indoor and outdoor bars. This community truly has something for everyone! Don't miss the opportunity to make this beautiful villa your new home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$389,000
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 | $311,200 | $311,200 | $311,200 |
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 | $110 | $110 | $110 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,070 | $2,068 | $2,668 |
Total Monthly Payment | $2,255 | $2,253 | $2,853 |
* 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.