2420 Foster LANE, Sarasota, FL, 34239 | $525,000

Welcome to this delightful single-family home nestled in one of the most sought out neighborhoods of South Gate. Located just minutes away to downtown Sarasota, the soft white sands of Siesta beach, and top rated Sarasota Memorial, this is a home that should not be overlooked. Spanning just over 1, 500 square feet, this residence offers a perfect blend of comfort and convenience with 3 spacious bedrooms and 2 full bathrooms. Have peace of mind with a newer HVAC installed in 2019 and recently installed impact windows. Just shy of a quarter of an acre, there is plenty of room for backyard barbecues or social gatherings. All of this provides you with endless possibilities for outdoor living, gardening, or creating your own private oasis. Enjoy all South Gate has to offer with its Olympic size pool and its other great amenities. All of this with an optional and minimal HOA fee! Don't miss this opportunity to own a piece of paradise in one of Sarasota's most sought-after communities and don't forget to tell all your friends, "I live where you vacation!"

Features

  • Amenities: Pool
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 75 x 120
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room
  • Year Built: 1956
  • Garage: 1-car Driveway, Ground Level
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,501
  • Acreage: 0.21
  • Lot Size: 75 x 120
  • Est. Taxes: $2,171
  • Lot Desc: In County
  • Elem. School: Southside Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4619943
  • Days on Market: 30 days
  • Website: https://www.raveis.com
    /prop/A4619943/2420fosterlane_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/17/2024 6:47:10 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Florida Insurance TeamInsurance Sales Director, William Raveis Insurance

561.704.7334

FLInsure@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2420 Foster LANE, Sarasota, FL, 34239

$525,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $420,000 $420,000 $420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 5.990% 4.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.429% 6.149% 5.152%
Monthly Tax Payment $181 $181 $181
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,518 $2,515 $3,294
Total Monthly Payment $2,791 $2,788 $3,567

* 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.