THE SARASOTA DREAMER // Welcome home to this lovely single story home on a corner lot in the highly desirable area of South Gate Ridge. As you step foot into this home, you’ll be greeted with an open floor plan with over 1, 600 square feet of living space including 3 spacious bedrooms, 2 bathrooms, large living room, kitchen, dining space, and oversized family room! RECENT UPDATES: NEW ROOF (JUNE 2024), NEW Exterior Paint (JULY 2024), Electrical Panel and Whole Home Surge Protection (2022), HVAC (2021), and Water Heater (2020). Extras include large double driveway with 2 carport spots for ample parking, large utility/laundry room off carport, and pocket sliding doors to close off back family room. Washer and Dryer included. IDEAL and CONVENIENT location. Only a short distance to everything Sarasota offers including a short drive to UTC Mall, Siesta Key Beach, Downtown Sarasota, restaurants, boating and more. Easy access to I-75. Schedule your showing today! This home is ready to be YOURS!
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 | $340,000 | $340,000 | $340,000 |
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 | $174 | $174 | $174 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,260 | $2,867 |
Total Monthly Payment | $2,511 | $2,509 | $3,116 |
* 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.