Under contract-accepting backup offers. Welcome to your dream home in the sought-after Mote Ranch in Sarasota! This superbly updated home sits on an oversized corner lot, with private pool, complete with newer pool heater (2020) and pool pump (2024) and a young roof age of only 8 years (2016). Inside, find modern updates and timeless features. The kitchen boasts white-shaker cabinetry, large island, exquisite countertops, and custom cabinetry for additional storage. Both bathrooms have been updated, and the primary has been beautifully adorned with white-shaker cabinetry, wood-look porcelain tile in the shower, leathered-quartz countertops, and stylish lighting fixtures. A large linen closet ensures ample storage space. The home offers a unique sitting room/office immediately off the primary bedroom with French doors leading to the lanai. New ceiling fans throughout the home, along with huge, vaulted ceilings in the main living areas and a tray ceiling in the primary bedroom, enhance the spacious and airy feel. Neutral flooring runs throughout the home, featuring tile in the main living areas and wood-look LVP in the primary bedroom and office/sitting room. New water heater installed March 2024. Custom cabinetry additions in the laundry room, garage, and kitchen provide even more storage solutions. Enjoy peace of mind with hurricane protection, including an accordion screen on the back of the house over the covered lanai for the sliders, window, and newer French doors to the office. Additional highlights include updated pool tile, pressed concrete design on the front porch, and matching pool tile adorning the entryway for a special welcoming touch. The screened-in front porch and neutral décor with modern touches complete this exquisite home. Mote Ranch offers its residents a community pool and clubhouse, playground and kayak dock/fishing pier on the Braden River. Enjoy a variety of country club membership opportunities at Palm Aire (located less than a mile away), The Meadows (10-minute drive), or University Park - all offering extraordinary golf, tennis, pickleball and social events. Also enjoy this home's central location to University Town Center shopping and dining, downtown Sarasota and St. Armand’s Circle amenities, and a plethora of area beaches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$595,900
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 | $476,720 | $476,720 | $476,720 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $269 | $269 | $269 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,172 | $3,168 | $4,020 |
Total Monthly Payment | $3,533 | $3,529 | $4,381 |
* 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.