Under contract-accepting backup offers. Nestled in the tranquil Paddock’s East community of Sarasota, this waterfront home is located in a quiet, established neighborhood with winding sidewalks, ideal for walking, biking, and enjoying the outdoors. Zoned for the highly-rated Tatum Ridge Elementary, this 3-bedroom, 2-bathroom home, situated on nearly a quarter-acre of land, provides an inviting retreat you’ll love for years to come. As you approach, a screened front pathway welcomes you, leading to the front door, where fresh paint sets the tone for the meticulous updates found throughout. Inside, the foyer opens to a formal living room and adjoining dining room, offering plenty of space for both entertaining and everyday living. Skylights in the family room flood the space with natural light. The completely renovated kitchen features modern white cabinetry, a stylish subway tile backsplash, energy star rated stainless steel appliances, and quartz countertops. The oversized owner’s suite boasts its own sliding glass door exit to the lanai and an updated ensuite with dual sinks and a stand-up shower. Both guest bedrooms are generously sized, and the guest bathroom is equipped with a luxurious soaking tub. Additional conveniences include an indoor laundry room with ample cabinetry for storage. Step outside to the enclosed lanai, where ample windows offer picturesque views of the peaceful pond. A nearby wooden deck provides the perfect spot to relax and take in the serene surroundings. This deed-restricted neighborhood offers easy access to I-75 and US-41, with shopping, marinas, restaurants, and golf courses just minutes away. Nature lovers will enjoy being close to the birdwatching tower on Raymond Rd, Celery Fields, and Big Cat Habitat. Don’t miss the chance to make this beautifully updated home yours—schedule your showing today!
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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 | $359,920 | $359,920 | $359,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $372 | $372 | $372 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,455 | $2,392 | $3,086 |
Total Monthly Payment | $2,902 | $2,839 | $3,533 |
* 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.