The features of this 4 bedroom, 3 bath pool home with 10-foot ceilings and a 20-foot x 28-foot covered lanai facing due south with a full view of view of the Green Tree pond go on and on! The outside living area was fully remodeled in 2017, including an upgrade to travertine flooring on the covered lanai and the outdoor pool area. The covered lanai includes a full outdoor kitchen, Afresno gas grill, a Vent-a-Hood vented outside and appointed with granite counters and Nature East built in cabinets. The covered lanai is protected by remote controlled metal roll down shutters which can be used to protect you from the sun or storms. The pool is heated by a 250-gallon buried propane tank serving the pool and the spa which gently overflows into the pool. Imagine entertaining your family and friends in this incredible outdoor living area. In 2021 the flooring in the main living area was replaced with luxury vinyl flooring. Enter the open floor plan of the family room and the kitchen. The family room boasts a 50" built in electric fireplace appointed with stack stone surround. The family room is open to a gourmet kitchen remodeled in 2021. Enjoy the massive granite countertops with a flat counter and bar stools. A gourmet cook will enjoy the large counter- top space and the stainless-steel appliances. The kitchen area has a 7’ x 9’ breakfast nook with aquarium glass overlooking that exquisite outdoor covered lanai. The family room/kitchen area invites entertaining! The master bedroom is huge (12’4” x 17’1”). The walk in master closet is 6’8” wide by 13'5' long. After you hang your clothes walk into the luxurious master bath with a glass walk in shower adorned with beautiful stone, a free-standing soaking tub and a double vanity with quartz countertops. There is a separate living room and dining room to entertain your guests. The family-room, living room and master bedroom open with sliding glass doors to the covered lanai. The entire home abounds with sunlight! Bedrooms 2 and 3 share a private full bath. The 4th bedroom is a private suite, in the back of the home with its own full bath, with access from the pool area. The 2-car attached garage was extended by 13 x 6 feet to create additional storage. Let’s talk mechanics: 2024 new 55- gallon hot water heater, 2024 new Lennox heat and air conditioner, 2021 new roof and hurricane shutters. Let’s talk cash flow! The annual HOA dues are only $350. 00 annually. Green Tree subdivision is located on the edge of Palmer Ranch and a stone’s throw to the acclaimed Legacy and Ashton Trailhead. If a family tried to build this home on a premium pond-front lot, they would spend $1, 000, 000 and not be in this prime location near shopping, Siesta Key and 5 miles from downtown Sarasota.
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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 | $639,920 | $639,920 | $639,920 |
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 | $314 | $314 | $314 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,311 | $4,253 | $5,397 |
Total Monthly Payment | $4,717 | $4,659 | $5,803 |
* 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.