Under contract-accepting backup offers. Discover this move-in ready Gem in the maintenance-free Somerset neighborhood within Turtle Rock on Palmer Ranch. Pride of ownership is evident throughout this 3-bedroom, 2-bathroom Lee Wetherington designed home which boasts an open-flow floorplan & efficient design. Light & bright interiors with 9-11 ft. ceilings & tiled flooring throughout provides both gracious living & easy maintenance. The Heart of the Home beckons where the chef’s kitchen awaits, complete with solid-wood cabinetry, granite countertops and newer appliances. The bar top & café seating take advantage of the aquarium glass view of the spacious outdoor living area. The fully renovated primary ensuite offers spa-like convenience & comfort. Enjoy the versatility of the multi-purpose room with a glass slider to the screened lanai, connected to the primary suite, and a den/office/3rd bedroom with French doors & a dedicated closet. The outside living space is a true oasis, featuring a heated pool with a waterfall & al fresco dining all within a screened lanai & surrounded by sub-tropical custom landscaping that provides privacy and a lush environment. The home also includes a 2-car garage with a new hurricane door, hurricane shutters & lanai storm curtain. No CDD Fees & NOT located in a Flood Zone. This meticulously maintained & continuously updated home by the original owners has built-in niches, glass block windows in several living spaces adding charm and functionality to this feature property. The gated Turtle Rock Community offers overs 500 acres of mature natural Florida beauty & residents enjoy a range of amenities including a geothermal heated lap pool, pickleball & tennis courts, a basketball court, fenced playground, a 1. 4 mile interior nature trail & community center. Centrally located within Palmer Ranch, Turtle Rock is 20 minutes north to Cultural Downtown Sarasota or south to Downtown Venice, 15 minutes to several world-renowned Gulf Beaches & adjacent to the 20-mile Legacy Trail for walking/jogging/bicycling. Embrace the outdoor Sarasota-Sunshine lifestyle & make this exceptional property your own!
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Our Executive Mortgage Banker:
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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 | $572,000 | $572,000 | $572,000 |
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 | $296 | $296 | $296 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,806 | $3,802 | $4,824 |
Total Monthly Payment | $4,194 | $4,190 | $5,212 |
* 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.