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1616 North DRIVE, Sarasota, FL, 34239 | $2,390,000
One or more photo(s) has been virtually staged. WELCOME TO THIS SPACIOUS WEST OF THE TRAIL HOME IN COVETED CHEROKEE PARK. 1616 North Drive was built in a great location in 1991. This home is fourth in from the Bay and right down the block from Southside Elementary School. The unique shops and restaurants of Southside Village, Award Winning Siesta Key Beach, Sarasota Memorial Hospital and Downtown Sarasota are all nearby.
Rare opportunity to update this 3 bedroom, 3 bath home or build your dream home on this 15, 000 SF lot. Original owner kept the house well maintained but did not make any major renovations. High ceilings with crown molding in living and dining rooms. Cathedral ceiling in family room with wood burning fireplace. Large Eat-in-Kitchen with Breakfast Room overlooks the serene backyard with slumbering oaks and Staghorn Ferns. Bonus room could be a 4th bedroom, Nanny's quarters, a home office, gym or a playroom for little ones. 8' x 8' Workshop off the garage. Sprinkler system with separate water meter. Wood deck off back porch was removed and not replaced so new owner could decide what works best for them.
Cherokee Park is a picturesque neighborhood known for it's beautiful oak tree lined streets and offers a family friendly lifestyle. There is an active Voluntary Homeowners Assn that organizes neighborhood social events during holidays and throughout the year.
The home is being sold As-Is by the estate.
Features
- Rooms: 12
- Bedrooms: 3
- Baths: 3 full
- Lot Size: 100 x 150 x 100 x 150
- Laundry: Inside, Laundry Room
- Style: Custom, Elevated, Ranch, Traditional
- Year Built: 1991
- Garage: 2-car Circular Driveway, Garage Door Opener, Workshop in Garage
- Heating: Central, Electric, Zoned
- Cooling: Central Air, Zoned
- Approx Sq. Feet: 2,839
- Acreage: 0.34
- Lot Size: 100 x 150 x 100 x 150
- Est. Taxes: $20,573
- Lot Desc: City Lot, Landscaped, Private, Sidewalk, Street Dead-End
- View: Garden, Trees/Woods
- Elem. School: Southside Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
- Pet Policy: Yes
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- MLS#: A4629543
- Days on Market: 2 days
- Website: https://www.raveis.com
/eprop/A4629543/1616northdrive_sarasota_fl?source=qrflyer
Listing courtesy of RE/MAX ALLIANCE GROUP Phone: 941-954-5454
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1616 North DRIVE, Sarasota, FL, 34239
$2,390,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,912,000 | $1,912,000 | $1,912,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
| Monthly Tax Payment | $1,714 | $1,714 | $1,714 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,401 | $12,243 | $16,787 |
| Total Monthly Payment | $14,240 | $14,082 | $18,626 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388