Beautifully modernized and expanded bungalow in what may be one of the next hot neighborhood, only a few blocks from downtown Sarasota. Located on a large corner lot and shaded by stately old-growth trees, with room to build an awesome backyard patio. The interior is floored with beautiful golden-oak colored engineered hardwood, and designer tile in the bathrooms. A cozy bonus room at the front of the house features a wood-burning fireplace and could easily become an intimate dining room, study, or tv room. The living room is bright, airy, and open to the kitchen which has been updated with all new appliances, cabinetry with leathered black granite countertops, and complimentary grey-colored ceramic tile backsplash. The primary bedroom is spacious and features a walk-in closet enclosed by a pair of walnut-stained barn doors, and a set of patio doors that will one day lead to your piece of outdoor Sarasota paradise. The ensuite bathroom features a large walk-in shower with white-marbled tile that shines under the modern led lights, and a deep-water soaking tub. Finally dual sinks and elegant cabinetry complete this bathroom-oasis. And the guest bath follows suit. It too features dual sinks on elegant cabinetry, plus a large walk-in shower with dual shower heads, including a rain-shower head. The central air conditioning system is new and extremely efficient, with a 20-seer rating. Hot water is efficiently supplied via a new on-demand hot water heater, and the roof is only 7 years old. Friendly neighborhood with streetlamps and walkable parks nearby. Walk to Washington Blvd and Fruitville; minutes to restaurants and Ringling Blvd. This home is perfectly positioned in downtown Sarasota, within minutes of the quaint restaurants of Main Street, and the shopping of S. Pineapple Ave. Get in early, and be part of the exciting growth of this fabulous city.
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$549,000
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 | $439,200 | $439,200 | $439,200 |
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 | $336 | $336 | $336 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,922 | $2,919 | $3,704 |
Total Monthly Payment | $3,350 | $3,347 | $4,132 |
* 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.