Welcome to Palmer Reserve. This two-story single-family home is perfect for those seeking comfortable living, convenience, and an active lifestyle. This spacious 2, 289 sq. ft. residence boasts 4 bedrooms, 2. 5 bathrooms and a 2-car garage. As you enter this home you will be greeted by the abundance of natural light, high ceilings and a welcoming neutral palette. The gourmet kitchen is equipped with quartz counters, a large island with seating, stainless steel appliances and a large pantry. The open floor plan from the kitchen to the dining area and living room create the perfect layout for entertaining and family gatherings. The wall of sliding glass doors frame the large backyard and tranquil greenbelt view. There is a half bath conveniently located downstairs. The primary bedroom is on the first floor and features a tray ceiling, large walk in closet and en-suite bathroom with dual sinks and large shower. The flex room is currently a den for those who work from home, but can also been utilized as a formal dining area or workout room. Upstairs you will find three additional bedrooms and a full bathroom. This home is located on one of the most desirable lots in the community near the cul-de-sac and a large dedicated greenspace next door providing plenty of privacy. There is an abundance of room for a pool if desired. Palmer Reserve has no CDD fees and the low HOA fee includes irrigation, basic cable TV, internet and a playground. This is arguably one of the best locations in the Sarasota area. For active lifestyle enthusiasts it is a short distance to the Celery Fields and Rothenbach park, both of which are ideal for bird-watching, hiking and outdoor activities. Families will love that it is across the street from A-rated, Tatum Ridge Elementary School, plus this home is within twenty minutes to all Sarasota has to offer including the airport, downtown Sarasota, Lakewood Ranch, beaches and multiple golf courses. Don’t miss the opportunity to make this beautiful home yours.
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Our Executive Mortgage Banker:
Our Insurance Division:
$665,000
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 | $532,000 | $532,000 | $532,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $295 | $295 | $295 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,539 | $3,536 | $4,561 |
Total Monthly Payment | $3,926 | $3,923 | $4,948 |
* 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.