Presented byBenge Redding Team |
Welcome to this stunning 3 bedroom 2 bathroom IMMACULATE home within The Lakes, a picturesque neighborhood in central Sarasota. This property combines tasteful updates with comfortable living spaces nestled on a cul de sac with the beauty of its surroundings. Numerous recent updates include a new roof and water heater in 2021, newer appliances, remodeled kitchen and bathrooms, newer light fixtures and flooring as well.
The kitchen stands out with its recent remodel, offering a sleek design that is sure to meet your culinary needs. The living room is spacious, featuring high ceilings that create a sense of openness, along with ample natural light flooding in to keep the space bright and inviting. There's even a wood fireplace, ideal for those rare chilly nights in Florida, providing a cozy touch to your evenings.
Each bathroom in the house has been updated with modern fixtures and finishes. A highlight of this property is the huge covered lanai that overlooks a backyard reminiscent of a park, providing a serene outdoor escape right at home.
Situated in a peaceful friendly neighborhood with winding streets and magnificent trees, the area is renowned for its vibrant community spirit, especially during Halloween and the holiday season when the streets come alive with decorations and lights. Convenience is also a key feature, with bustling downtown Sarasota just a 15-minute drive away, as well as convenient to I-75. Additionally, you’ll find an array of restaurants, shopping centers, and parks nearby, making everyday errands or weekend outings effortless.
Residents of Timberlakes in The Lakes enjoy access to a variety of amenities. These include multiple pools, a spa, basketball and tennis courts, a clubhouse, a fitness center, and even fishing opportunities in the community lake—ensuring both relaxation and recreation are always at your fingertips.
This home offers a unique blend of tranquil living and community engagement, perfectly suited for those seeking a comfortable lifestyle within a vibrant neighborhood.
No damage to the home during the recent hurricanes. Inquire with listing agent about transferable insurance policy.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
Sales Associates
William Raveis Real Estate
Phone: 941.894.4216
BengeRedding@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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $276 | $276 | $276 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,228 | $3,185 | $4,041 |
Total Monthly Payment | $3,596 | $3,553 | $4,409 |
* 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.