NEW PRICE – NEW DIRECTION
Sellers are taking significant steps to ensure this home is in top condition. Beginning on 12/26, they will be replacing the entire roof with tie-downs and repairing and replacing the interior ceiling that was damaged by Hurricane Milton. Other necessary updates are also being addressed. The sellers have listened to feedback and are committed to making the home move-in ready, while still leaving equity on the table from Day One. Work is scheduled and underway! Take a drive down this quiet street, tucked away in a friendly neighborhood with no through traffic, right in the heart of Sarasota. This one-owner home, situated on a ¼-acre lot with a mostly fenced yard, has been lovingly cared for and is now ready for the next family to call it their own. •A/C and hot water heater both replaced in 2019 •All appliances are brand new (except the dryer). •Upgraded electrical panel •Pipes have been jetted, milled, and sleeved •Beautiful bamboo floors throughout the home, with new vinyl flooring in the laundry room • A complete primary bathroom remodel •New closet doors in the bedrooms •Fresh paint in both the interior and the garage •New light fixtures and ceiling fans throughout. The home is connected to county water and sewage, with an existing well still in place for irrigation. An appraisal was completed just before the storms, and a copy will be provided to the buyer. The neighborhood offers a unique charm, including a historic clubhouse built in 1923 that once served as the social hub for The Maine Colony Historic District. This rustic clubhouse is still in use for special functions, adding to the warmth and welcoming nature of this community. Located in an A-rated school district, this home is just minutes from Riverview High School, local shopping, and only 2 miles from the stunning Siesta Key Beach. Downtown Sarasota is just 10 minutes away, offering vibrant cultural and dining options. With no HOA and no deed restrictions, you can bring your boat, trailer, and toys to enjoy everything this wonderful location has to offer!
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Our Executive Mortgage Banker:
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$379,000
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 | $303,200 | $303,200 | $303,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $293 | $293 | $293 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,043 | $2,068 | $2,620 |
Total Monthly Payment | $2,411 | $2,436 | $2,988 |
* 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.