Welcome to PARADISE - spacious 5 bedrooms 4 bathrooms home, EAST OF THE TRAIL in Southgate, with Olympic size 8ft deep HEATED POOL, recently resurfaced, tropical fruit trees, bushes, palms, freshly installed manicured lawn and landscaping around. Secluded on the corner lot with 2 wide driveways, making this prime location - one of the best places to live in Florida. Close proximity to Sarasota Memorial Hospital, Downtown with fine dining, art galleries, coffee shops, Siesta and Lido beach, A+ rated schools, parks, shopping and more. No HOA, No Flood Zone. There is a guest house or mother in-law suite with private side entrance accommodates 2 master suites, fully operated kitchen and laundry room for the comfort of your loved ones that might live or visit you. Recently updated, freshly painted exterior and interior, modern light fixtures inside and out, granite countertops, 2 new sets of washers and dryers, 2 new sets of appliances, Newer roof 2022, 2 new AC units, new gutters all around the house, 2 new water heaters, new pavers throughout, wide 3 car driveway on the one side with 2 car driveway on the other side, new fence, 2 new storage sheds, new pool heater. Fully re-plumbed and rewired in 2012. Fenced in with room for a boat. Don't miss this opportunity. Schedule your showing today! ***SELLER IS OFFERING $10, 000 TOWARDS BUYER'S CLOSING COSTS OR RATE BUY DOWN!***
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.510% | 6.579% |
Monthly Tax Payment | $578 | $578 | $578 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,986 | $4,986 | $6,907 |
Total Monthly Payment | $5,656 | $5,656 | $7,577 |
* 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.