7805 Pine Trace DRIVE, Sarasota, FL, 34243 | $369,000

According to analysts, home prices will increase in 2025 and interest rates will drop so maybe you ought to schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "

About the property:

•Located in the Pine Trace subdivision near public transportation, retail, schools, restaurants, within 10-15 minutes from the mall and Sarasota’s infamous Circus Arts Conservatory.

•Built in 1987, within a NON-FLOOD zone area, this cozy home features tons of natural lighting and a spacious comfortable floorplan consisting of:

-High ceilings, large living room with ceiling fan and glass sliders leading to the enclosed lanai, dining area with an elegant lighting fixture, and a separate breakfast room also naturally lit from the sun shining through the glass sliding doors leading to the west side property.

-Spacious kitchen to entertain large gatherings includes granite countertops, cabinets galore, a pantry, and all appliances: refrigerator, microwave, stove, dishwasher.

-Inside utility room equipped with the washer, dryer, shelves, and an additional storage closet!

-Master bedroom also features glass sliding doors leading to the lanai and a private bathroom that includes a skylight providing natural lighting all day and night, a private water closet, walk-in shower, two separate vanities with granite countertops, two medicine cabinets, a walk-in closet, a built-in closet as well as a linen closet – so no worries about closet space in the master.

-Guest bedroom includes a built-in seating area by the window, ceiling fan, closet, and wood flooring.

-2 car garage includes automatic door opener, remote, houses the water heater and access to the attic.

-A fully enclosed lanai with lighting fixtures and a ceiling fan to enjoy some R&R.

-Reroof installed in 2011 by and maintained by the Association. Kitchen appliances including washer, dryer, electric water heater, HVAC and condenser all installed new in 2019.

•Properties like this are a dream for many so take action now instead of listening to fear mongering hype because Florida's real estate market is on a continuous upswing with no downward shift in sight.

•Measurements including square footage are an approximation. Buyers are encouraged to independently verify all information herein.

Features

  • Amenities: Clubhouse
  • Rooms: 10
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 73 x 91
  • Laundry: Inside, Laundry Room
  • Year Built: 1987
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,453
  • Acreage: 0.14
  • Lot Size: 73 x 91
  • Est. Taxes: $4,385
  • Condo Fee: $661 Monthly
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8327868
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/TB8327868/7805pinetracedrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/12/2024 4:38:00 AM)
Listing courtesy of BARADIT PROFESSIONAL ASSOCIATION   Phone: 727-371-6774

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

7805 Pine Trace DRIVE, Sarasota, FL, 34243

$369,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $295,200 $295,200 $295,200
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 $365 $365 $365
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,915 $1,890 $2,451
Total Monthly Payment $2,355 $2,330 $2,891

* 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.