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Welcome to this charming home nestled in the neighborhood of Alta Vista in the heart of Sarasota. Built in 1952, this cozy home boasts a classic architectural style and a warm, inviting atmosphere offering a comfortable and functional layout for modern living. As you step inside, you are greeted by a spacious living area and features neutral tones and hardwood flooring throughout. The living room seamlessly flows into a large attractive kitchen area, creating an open and airy feel perfect for entertaining guests. The kitchen is equipped with sleek natural wood cabinetry, ample storage space, and modern appliances. This home features one bathroom, perfect for everyday use and is well-appointed with a clean and crisp design with classic charm. This wooded lot is larger than average for downtown residences in the area providing plenty of outdoor space for gardening, play, or simply enjoying your own private oasis. This property has endless possibilities. Located in a desirable Sarasota neighborhood, this home is just a short drive away from the Legacy Trail, beautiful beaches, shopping, dining, entertainment options, and is just one mile from the Sarasota Memorial Medical campus. Whether you are looking for a cozy starter home or a peaceful retreat, this home offers the perfect blend of comfort, convenience, and charm.
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Our Executive Mortgage Banker:
Our Insurance Division:
$588,000
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 | $470,400 | $470,400 | $470,400 |
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 | $422 | $422 | $422 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,130 | $3,126 | $4,033 |
Total Monthly Payment | $3,644 | $3,640 | $4,547 |
* 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.