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Welcome to this beautifully crafted Master Craft home, built in 2023 and nestled lakeside within the gated community of Madeira. This thoughtfully designed Tocoi floor plan offers 1, 797 square feet of comfortable living with 3 bedrooms and 3 full bathrooms, perfect for those seeking both privacy and style. Full of additional upgrades since construction including decorative wood wainscoting, plantation shutters, updated landscaping with fencing and an extended paver patio! The home features a true split-bedroom layout, with a guest suite at the frontideal for visitors or a private home officeand the spacious primary suite tucked into the back corner of the home for added seclusion. The primary bathroom offers a fully tiled walk-in shower, dual vanities, and a generous walk-in closet. Enjoy relaxing mornings and peaceful evenings from the screened lanai overlooking a tranquil pond. The open-concept kitchen, dining, and living areas are ideal for both everyday living and entertaining. The kitchen is a home chef's dream with SS appliances, a gas cooktop, quartz countertops and an island that offers additional seating. Extra highlights include a paver driveway, fully fenced yard, and quality finishes throughout. Located in the sought-after Madeira neighborhood, residents enjoy access to community amenities like a pool, fitness room, natural beauty, and a convenient location just minutes from historic downtown St. Augustine and the beaches. Enjoy!
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Our Executive Mortgage Banker:
Our Insurance Division:
$635,000
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 | $508,000 | $508,000 | $508,000 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $726 | $726 | $726 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,211 | $3,337 | $4,253 |
Total Monthly Payment | $4,029 | $4,155 | $5,071 |
* 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.