A True 4 Bedroom, Original Owner Home in the highly desirable subdivision of Gulf Gate East @ only $286. 25 a sq ft! This home offers a wonderful floor plan with 2, 269 sq ft under air (3, 011 gross sq ft) and is a former model home by US Homes & is all located on an oversized corner lot (over 1/4 Acre). The Family Room has a vaulted ceiling & stone woodburning fireplace. 3 sets of sliders open onto the spacious pool area/lanai with a private fenced backyard. Other features include Formal Living & Dining Rooms, Eating Area off of the Kitchen, Inside Laundry Room with a Washer & Dryer & a split plan with 4 Bedrooms & 3 Walk-in-Closets. Full 2 Car Garage w/Storage, Driveway & ample attic space. Some improvements by Seller include the following: Hurricane Enforced Garage Door '21*Garage Door Opener '21*Fence '22*Exterior Paint '22*Water Heater '22*Pool Pump '21*Range '24*Dryer '22*Washer '20*3. 5 Ton A/C '17*Tile Roof '10*Plumbing Water Lines replaced '08. This home offers good bones . . . just needs updating with your special touches. Gulf Gate East is a community of excellent neighbors & has an enforced HOA with low annual dues of $270 which keep the homes looking great! This family neighborhood is lined with miles of sidewalks on both sides of the streets for biking, walking or jogging which you will see throughout the day. Gulf Gate East also offers larger lots than most & is located in quiet, South Sarasota but just minutes away from our World Famous Siesta Key Beaches & our newly extended Legacy Trail. Sunny Sarasota is a perfect city that offers A+ schools, fine restaurants & many county libraries (Gulf Gate Library is walking distance from this home), & the Gulf Gate shops/restaurants. The UTC Mall and cultural downtown are only 20 minutes away for opera, fine arts, theater, fine dining & Selby Gardens! Discover the endless possibilities with this home. By appointment only; security system.
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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 | $519,600 | $519,600 | $519,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $231 | $231 | $231 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,413 | $3,453 | $4,420 |
Total Monthly Payment | $3,736 | $3,776 | $4,743 |
* 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.