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Tucked back on a quiet, canopied cul-de-sac in The Landings, this large custom-built block home has a fantastic layout with 17 ft high ceilings and abundant natural light. With over 3, 900 sq ft of living space, the single level, split plan features a formal living room with fireplace, a large family room connecting to the spacious and open kitchen, a formal dining room and a butler’s pantry with wine cooler and wet bar. The large primary suite includes his and her walk-in closets and a large bathroom with separate tub and shower, dual vanities, and water closet. Three guest bedrooms occupy the opposite side of the home, one with attached bath, and one hall bath. The 5th bedroom has an attached bath and could also be used as an office. All 5 bedrooms have walk-in closets. French doors from the primary suite, living room and family room open to the expansive screened lanai with a pool and hot tub and is surrounded by lush vegetation, creating a wonderful sense of peace and privacy. Improvements made since 2021: 2 new A/C systems, new hot water heater, new pool/spa heater, new irrigation well pump and pressure switch, vinyl flooring in secondary bedrooms and expanded paver driveway. The Landings is one the few 24/7 guard-gated communities West of Trail, and enjoys A-rated schools, easy access to downtown Sarasota and is a 5-minute drive to Siesta Key. Residents have the option to join the Landings Racquet Club which offers 8 Har-Tru tennis courts, recreational pickleball, a pro shop, clubhouse, heated Olympic-size pool and spa, fitness center, meeting rooms, a lending library, and a nature trail leading to the Intracoastal Waterway with a community fishing pier and kayak storage area. Come enjoy the exceptional Florida lifestyle this home has to offer today!
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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 | $1,436,000 | $1,436,000 | $1,436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $1,227 | $1,227 | $1,227 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,725 | $9,195 | $12,509 |
Total Monthly Payment | $10,077 | $10,547 | $13,861 |
* 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.