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VALUE, COMFORT, and CONVENIENCE! The perfect villa for easy living with an affordable price tag. This 2 bedroom, 2 bath, 2 car garage home is ultra private with beautiful backyard landscaping around a large screened lanai and a private patio just steps to the community pool! Villas of Cedar Creek is a smaller, tranquil community just off University, only a few minutes drive to UTC, I-75 and close enough to the Sarasota/Bradenton Airport to make flying in and out very convenient. Inside, a well thought out floor plan features an abundance of natural light creating an inviting living space to call home. No carpet here! Tile and laminate flooring throughout. The kitchen has been remodeled with newer cabinets and quartz countertops, has stainless appliances, a large pantry and views to the front and rear of the house. The split bedroom arrangement provides added privacy for both rooms, with the guest bedroom adjoined to a second bath, while the primary bedroom boasts an ensuite bathroom with dual sinks, separate water closet, glass door shower and large linen closet. There are large walk-in closets in both bedrooms, plus a large closet in the guest hallway providing plenty of storage space. The spacious living and dining space has room for any number of furniture arrangements to suit your design style. Two sets of sliders from the living room and primary bedroom lead out to a private screened lanai and open pavered patio giving you the best of both outdoor options. . . one in the shade and one in the sun! Want to take a dip in the pool or gather with neighbors for a social hour? Just a few steps down the path is the community pool, complete with pool cage, gathering tables, restrooms and small kitchenette. HOME UPDATES INCLUDE: ROOF REPLACED (2019), AC just a few years old, kitchen remodel, and leased solar panels installed to reduce energy costs! This home is NOT IN A FLOODZONE and had no storm issues. Enjoy a low maintenance Florida lifestyle (lawncare included in HOA), and explore the local dining, shopping, beach and cultural must sees that make the Sarasota area so popular!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $255 | $255 | $255 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,622 | $1,708 | $2,177 |
Total Monthly Payment | $1,952 | $2,038 | $2,507 |
* 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.