New Price Improvement – Priced to Sell! Rarely do you find such an expansive 5-bedroom plus den, 3-bathroom home at this price in Sarasota. Situated on a generous pie-shaped corner lot, this property offers both privacy and functionality. Designed with family living in mind, the home features soaring ceilings and abundant natural light, creating a spacious and inviting atmosphere throughout. Enjoy year-round relaxation in the large heated saltwater pool and jacuzzi, all within an enclosed lanai that provides a serene, bug-free environment. The expansive kitchen, complete with generous counter space, seamlessly connects to the living areas and overlooks the pool deck—ideal for entertaining family and friends. Additional features include a true 3-car garage with ample space for vehicles and outdoor gear, as well as an in-ground irrigation system to maintain a lush, vibrant lawn. Priced as-is, this home offers the ideal opportunity to infuse it with your own unique style. Located in a desirable, family-friendly low HOA neighborhood zoned for Tatum Ridge Elementary, this property is a rare opportunity. Motivated sellers, so don’t miss your chance. Start living the Florida lifestyle you’ve always dreamed of!
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Our Executive Mortgage Banker:
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$685,000
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 | $548,000 | $548,000 | $548,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $319 | $319 | $319 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,646 | $3,642 | $4,621 |
Total Monthly Payment | $4,057 | $4,053 | $5,032 |
* 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.