5227 Lake Village DRIVE, #25, Sarasota, FL, 34235 | $325,900

FIRST FLOOR, END UNIT, LAKE VIEW, smoke-free, 2 Bed/ 2 attached bath, 1060 sq. ft. condo, located in Sarasota’s desirable community, The Meadows. This updated and bright end unit offers privacy and ease. The lanai and primary bedroom look out to a beautiful lake with serene sunset views and frequent roaming wildlife. Remodeled white kitchen with soft close cabinets and drawers, granite countertops, brand new HVAC system installed 2021, new microwave and dishwasher 2021, new refrigerator 2023. Newer laminate hardwood flooring, washer/dryer, bathroom vanities, light fixtures, toilets and paint throughout. Other improvements made in 2021 or after including brand new doorknobs on all doors, lanai ceiling fan installed 2022, handheld shower head in primary, safety bar with both showers, upgraded lanai door handle installed, 10-year carbon monoxide/fire detectors installed 2023. , new light fixtures in kitchen, dining and bathrooms.
Assigned parking spot in front of unit with additional guests' spots. Large, heated pool a short walk away.
A wonderful place to live or rent. Exceptional rental capability with off season rates fetching $2300 and high season rates $3800.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Basketball Court, Cable TV, Clubhouse, Fitness Center, Golf Course, Maintenance, Park, Pickleball Court(s), Playground, Pool, Recreation Facilities, Security, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: VILLAGE LAKE
  • Year Built: 1983
  • Approx Sq. Feet: 1,065
  • Est. Taxes: $3,405
  • Condo Fee: $865 Quarterly
  • Lot Desc: In County, Landscaped
  • View: Water
  • Elem. School: Gocio Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Number Limit
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4609022
  • Days on Market: 63 days
  • Website: https://www.raveis.com
    /prop/A4609022/5227lakevillagedrive_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 7/7/2024 6:06:43 AM)
Listing courtesy of REALTY SERVICES INC   Phone: 941-954-4443

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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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5227 Lake Village DRIVE, #25, Sarasota, FL, 34235

$325,900

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 $260,720 $260,720 $260,720
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.815% 7.159% 6.538%
Monthly Tax Payment $284 $284 $284
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,735 $1,733 $2,235
Total Monthly Payment $2,094 $2,092 $2,594

* 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.