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Welcome to the well-established community of the Trails! This three bedroom with gym and office (potential for 5 bedrooms). Discover this health-conscious living in this one-of-a-kind custom built one owner home. Built with attention to detail, this chemical free home boast construction materials approved by Enviromental Health Center in Dallas, TX. From metal ductwork and clay paint to enzyme-treated roofing and pesticide-free lawn. This home has one of the largest footprints in the neighborhood. A great home for entertainment, features a split floor plan, including a formal living room, dining room and family room. The expansive open kitchen has new appliances, bar seating up to 10. The home has 3 bedrooms, including an ensuite and two additional bedrooms. An office with custom built ins and an additional bonus room that was used as a gym, offers flexibility to turn into a fourth or fifth bedroom. This property also features a Heavenly Heat sauna on the lanai, whole house air and water purification systems and an outdoor shower. This property is just minutes from I-75, the UTC Mall, downtown Sarasota and the areas world renowned beaches. The seller is motivated and offering a 5, 000. 00 incentive to the buyer to go towards the purchase price or to use towards their closing cost, prepaids or a rate buy down.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,900
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 | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $381 | $381 | $381 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,627 | $3,348 |
Total Monthly Payment | $2,984 | $3,083 | $3,804 |
* 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.