Welcome to COLONIAL WOODS ESTATES! Set apart, this local exclusive, highly desireable community offers this beautifully updated home at 5715 Fern Oak Ct in Sarasota. This home is on one of the largest lots with a huge back yard offering perfect outdoor spaces. Featuring an open concept layout, this home offers a spacious and inviting atmosphere, perfect for both everyday living and entertaining. The kitchen is equipped with stainless steel appliances, adding a sleek and modern touch to the space.
The property boasts a fully fenced backyard, installed just last year, ensuring privacy and security. Step outside to enjoy the screened patio, ideal for outdoor relaxation. Additionally, the outdoor shed provides extra storage for all your needs.
Inside, the primary suite features a generous walk-in closet, and the primary bathroom includes a large, updated shower. All bathrooms were completely remodeled last year, offering modern finishes and a fresh, stylish look.
This home has been thoughtfully updated with hurricane windows for convenience when needed (no shutters to put up and takle down), a new roof installed 4 years ago, a new water heater just 2 years ago, and a new HVAC system replaced 5 years ago. For added convenience, a water treatment system ensures clean and purified water throughout the home.
The community is an added bonus, featuring a pond with a peaceful walking path, perfect for enjoying the outdoors.
With its ideal location, updated features, and thoughtful details, this home offers a perfect blend of comfort and modern living. Quiet
cul de sac living that is convenient to downtown Sarasota arts, festivals, entertainment, shopping and dining. Minutes to best Gulf Coast beaches, including Siesta Key Beach which is voted #1 in USA.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$760,000
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 | $608,000 | $608,000 | $608,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $493 | $493 | $493 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,943 | $3,893 | $5,049 |
Total Monthly Payment | $4,528 | $4,478 | $5,634 |
* 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.