Rare opportunity to purchase a lovely 3 bedroom, 2 bathroom home in Cedar Hammock, a desirable central Sarasota neighborhood with low HOA fees and close proximity to the interstate, University Town Center, Fruitville shopping center and situated directly across the street from Fruitville Park. The home has been thoughtfully designed with a split bedroom floor plan and open concept living space with volume ceilings. As you enter, you'll appreciate the oversized front windows that flood the living space with natural light and catch your first glimpse of the grand screened lanai through the rear sliding glass doors. Complete with a new all-weather Trex composite deck, black lanai cage, new board and batten siding and cozy string lights to set the mood, this space is ideal for entertaining or relaxing in the sun or under the stars. The lanai has sliding doors leading to the living room, primary bedroom and one of the guest bedrooms so you can take full advantage of that indoor/outdoor Florida lifestyle during the cooler months. The backyard is fully fenced for complete privacy, which also makes this a great home if you have pets. The kitchen has plenty of space for a breakfast table or rolling island and a nice sliding glass door which leads to another new Trex deck space where you can sip your morning coffee. The primary suite is spacious and has convenient access to the screened lanai. Its en-suite bathroom has been fully remodeled with modern hexagon tile floors, new shower, gorgeous wood vanity and even a separate makeup vanity. The guest bedrooms are good size, and the guest bathroom has been recently updated as well. The entire home has been outfitted with tall modern baseboards and door and window moulding, and has been fully repainted inside and outside. Other notable updates include newer HVAC (2021), newer water heater (2019), new black stainless steel refrigerator and dishwasher, Google nest thermostat, and nice wood blinds on all windows. Lastly, the inside laundry and 2 car garage can be tough to find at this price point! The work bench in the garage conveys, as do the newer storage units on the side of the home. This one is even better in person, schedule a showing today!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$434,900
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 | $347,920 | $347,920 | $347,920 |
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 | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $276 | $276 | $276 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,315 | $2,312 | $2,983 |
Total Monthly Payment | $2,666 | $2,663 | $3,334 |
* 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.