Under contract-accepting backup offers. No hurricane damage! HUGE PRICE REDUCTION as sellers relocated!!! Priced well below recent appraisal of $2, 950, 000, a PRIME opportunity to scoop up this fabulous deal!! Welcome to this stunning 5-bedroom, 5-bathroom home located in a prime area close to the Hillview district, downtown Sarasota and just a short walk to Southside Elementary School. This conveniently located home offers the quintessential "West of Trail" living experience!!! If you are looking for a home that truly offers a special feeling, this spacious property offers a perfect blend of comfort, elegance and modern upgrades while maintaining architectural character and charm that all discerning homeowners can appreciate! This impressive home boasts A BRAND NEW gourmet kitchen with a fabulous double island adorned with beautiful Quartz waterfall counters, stainless steel appliances including gas cooktop and hood, amazing buffet with tons of storage and wine fridge and a true FORMAL dining room perfect for dinner parties or entertaining guests and the family! The gorgeous original Travertine Tile floors run throughout the expansive first floor leading to the Primary Bedroom featuring a large walk-in closet and fabulous ensuite with pool deck access. The split floor plan also features a 5th bedroom with ensuite perfect for guests. This home also has floor to ceiling windows that give views of the amazing backyard and sunkiss the home with natural light! The second floor features 3 additional bedrooms (one currently being used as a media room) and two full UPDATED bathrooms! Many other upgrades include new flooring throughout bedrooms, new light fixtures, new landscaping, freshly painted throughout, designer wall paper and new plumbing. Now for the best part - THE BACKYARD!!! It is RARE to find a backyard and pool of this size in the city and so close to DOWNTOWN! This is truly a paradise, whether a kid or a kid at heart, this backyard will not disappoint! With plenty of covered lanai space in addition to the awesome pergola, this space is perfect for unwinding, entertaining or simply basking in the tranquility of your own private retreat. The backyard is also fully fenced, has an outdoor shower and storage shed! This home offers the perfect canvas to create unforgettable memories and cherished moments.
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$2,350,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,880,000 | $1,880,000 | $1,880,000 |
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 | $1,041 | $1,041 | $1,041 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,194 | $12,038 | $16,506 |
Total Monthly Payment | $13,360 | $13,204 | $17,672 |
* 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.