Great location within the Sarasota city limits close to Pinecraft community, downtown, Siesta Key & Lido Beach, shopping & dining. This well maintained, 3 bedroom/ 1 bathroom (The in-law suite is bedroom 3), one owner home is situated on a double lot which allows for room for an addition or redevelopment. As you step in the home through the front screened in lanai and into the open living room and dining room combo with original Terrazzo flooring, you have lots of natural light and vaulted ceilings that lead into the kitchen with range/cooktop, built in oven and solid wood cabinets. This home has an attached in-law suite with private entrance, NO HOA or CDD FEES. Water heater 2018, roof replaced in 2009, HVAC replaced in 2000. The possibilities are endless with this property. The plumbing from the street into the kitchen, laundry, and bathroom was updated in 2021 along with a complete bathroom remodel from the studs in. Be sure to check out the spacious backyard with storage shed, mature trees & BBQ Pit with mullet smoker in the backyard.
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Our Executive Mortgage Banker:
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$475,000
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 | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $83 | $83 | $83 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,496 | $3,205 |
Total Monthly Payment | $2,686 | $2,654 | $3,363 |
* 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.