Welcome to this gorgeous Todd Johnston custom-built home in Sanctuary at River Club in Lakewood Ranch! This magnificent four bedroom/three full bath home spans 3, 223 square feet of living space located on a cul-de-sac and backs up to a private preserve never to be built upon. This timeless European-styled home features wonderful detailing, sophistication and a comfortable split-floor plan for easy living. The home comes with two large disappearing glass sliding doors in both the living room and family room showcasing spectacular views of the pool and preserve. Upon entering the home, you’ll experience a welcoming living room and spacious dining area leading to the kitchen and open concept family room. The front office/den comes with glass doors and is situated next to the primary bedroom and bath highlighted by new quartz countertops, a soaking tub, large walk-in closets and sitting area allowing direct access to the lanai/pool. The gourmet kitchen is great for culinary experiences and features newer stone countertops, staggered cabinets, glass tile backsplash, a large walk-in pantry and newer stainless steel appliances including a brand new dishwasher. All four bedrooms are generously proportioned, flooring is a combination of both tile and newer carpet, features a two-car garage and large second-floor bonus/media room or fifth bedroom with writeable chalkboard. The home has natural gas, two HVAC systems both replaced in 2019, volume ceilings, a large screened-in lanai/pool for relaxation and entertaining, mature landscaping and a private preserve lot creating a tranquil setting. This is your opportunity to enjoy the Florida lifestyle in one of Lakewood Ranch’s most desirable neighborhoods close to the Main Street and Waterside entertainment districts and UTC Mall, I-75, golf courses, internationally acclaimed beaches and Sarasota International Airport. River Club is a deed restricted community with low HOA fees and NO CDD’s!
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Our Executive Mortgage Banker:
Our Insurance Division:
$900,000
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 | $720,000 | $720,000 | $720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $859 | $859 | $859 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,610 | $4,610 | $6,322 |
Total Monthly Payment | $5,561 | $5,561 | $7,273 |
* 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.