5190 Lancewood DRIVE, #16, Sarasota, FL, 34232 | $349,000

RENOVATED END VILLA WITH TREED PRIVACY! A brand-new front and back deck surround this lovely 3 bedroom, 2 bath one-level home. It offers an open floor plan with over 1500 square feet that is move-in ready. Stylish updates include high-gloss tiled flooring and both baths have been redesigned and fixtures replaced. There is a beautiful, modern eat-in kitchen improved with recessed lighting. Sleek white cabinetry has been extended to include a large built-in pantry with above display space. A tiled backsplash compliments the gorgeous granite counter tops and a breakfast bar. The brand name, stainless steel appliances remain. Sliding glass doors access the front deck for an al fresco dining experience. It also overlooks the formal dining room with an attached covered and screened lanai. Vaulted ceilings with a visually appealing beam and clerestory windows enhance the spaciousness of the main living area with a glass sliding door to the back deck. The primary suite also opens to the back deck and has tree-lined views plus a vaulted ceiling. There is accessibility to the elevated storage attic as well. The en suite bath with double walk-ins has an upgraded free-standing furniture piece with a solid surface vanity. Together with an oversized walk-in shower. The guest bath has been remodeled to match. At the front of the home are two more bedrooms and a well-appointed laundry room with a washer and dryer. Several sets of sliding glass doors throughout take advantage of the new front and back decks. As a bonus there is a 1-car carport with extra storage. Aptly named, residents of Arboreal reside beneath a mature canopy of trees. The hidden gem of a community has only thirty townhomes and villas. It has amenities that include tennis courts, a pool, and an equipped clubhouse for enjoyment. The coveted central Sarasota location is close to county-maintained parks, a myriad of shopping and dining options, as well as a short drive to downtown or area beaches. In addition, I75 is nearby for easy commuting north or south. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Features

  • Amenities: Clubhouse, Maintenance, Pool, Recreation Facilities, Tennis Court(s), Vehicle Restrictions, Wheelchair Access
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Style: Custom
  • Year Built: 1982
  • Garage: Guest
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,566
  • Est. Taxes: $1,707
  • Condo Fee: $729 Monthly
  • Lot Desc: In County, Landscaped, Private, Sidewalk
  • View: Trees/Woods
  • Elem. School: Brentwood Elementary
  • Middle School: McIntosh Middle
  • High School: Sarasota High
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4597745
  • Days on Market: 245 days
  • Website: https://www.raveis.com
    /prop/A4597745/5190lancewooddrive_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 11/5/2024 8:35:16 PM)
Listing courtesy of CANDY SWICK & COMPANY   Phone: 941-954-9000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5190 Lancewood DRIVE, #16, Sarasota, FL, 34232

$349,000

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 $279,200 $279,200 $279,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.563% 7.159% 6.276%
Monthly Tax Payment $142 $142 $142
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,858 $1,856 $2,355
Total Monthly Payment $2,075 $2,073 $2,572

* 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.