4640 Tower Hill LANE, #2322, Sarasota, FL, 34238 | $289,000

ENJOY THE COUNTRY CLUB LIFESTYLE AT ARBOR GREENS LOCATED AT STONEYBROOK GOLF & COUNTRY CLUB in this private cluster of two-story buildings tucked away behind the verandas on High Gate Dr. and Millbank. Not a golfer but love the country club lifestyle, then this is a perfect choice. This second-floor two-bedroom two-bath condo has easy-care vinyl floors and is waiting to be your next home or investment property. Stoeybrook allows rentals with a 30-day minimum. The kitchen is open to the dining and living areas, the dining area and living areas have sliding glass that open onto a screened lanai overlooking a preserve view, the high cathedral-type ceilings lend to an overall feeling of spaciousness, and there is a covered parking space and storage shed. The Arbor Greens heated pool is just around the corner from your front door adjacent to the tennis courts. Don't feel like cooking, head for the newly decorated clubhouse, offering fine or casual dining. Your SOCIAL MEMBERSHIP includes lighted Har-Tru tennis/pickleball courts, pro shop, a well-equipped fitness center, bocce court, putting greens, a driving range, a sharing library, activities including yoga, mahjong, water aerobics, the main heated pool at the clubhouse, plus all of the social activities one would expect from a country club. Stoneybrook is a gated community centrally located on Palmer Ranch in Sarasota and is less than 15 minutes from the sandy shores of Siesta Key Beach, many shops, and restaurants. The community borders the Legacy walking and biking trail, This lovely residence offers more than a place to live but a lifestyle to enjoy.

Features

  • Heating: Electric
  • Cooling: Central Air, Humidity Control
  • Levels: 2
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: STONEYBROOK ARBOR GREENS 1
  • Year Built: 1996
  • Common Charge: $4,288 Annually
  • Approx Sq. Feet: 1,163
  • Acreage: 4.02
  • Est. Taxes: $2,718
  • Condo Fee: $1,049 Quarterly
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: A4601032
  • Days on Market: 240 days
  • Website: https://www.raveis.com
    /prop/A4601032/4640towerhilllane_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 11/13/2024 1:10:07 AM)
Listing courtesy of BERKSHIRE HATHAWAY HOMESERVICE   Phone: 941-556-2150

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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4640 Tower Hill LANE, #2322, Sarasota, FL, 34238

$289,000

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 $231,200 $231,200 $231,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.412%
Monthly Tax Payment $227 $227 $227
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,577 $1,537 $1,967
Total Monthly Payment $1,878 $1,838 $2,268

* 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.