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16023 Winburn DRIVE, Sarasota, FL, 34240 | $655,000
Welcome to East Sarasota’s Rainbow Ranches, where homes rarely become available. THIS IS THE LEAST EXPENSIVE 5 ACRE SINGLE FAMILY HOME IN EAST SARASOTA. This charming 3-bedroom, 2. 5-bath home sits on a sprawling 5-acre lot, offering the perfect blend of rural tranquility and not too far out from modern conveniences. With OUE zoning, there are additional opportunities to build other structures including a detached mother in law suite to make this multigenerational or supplement income. This well cared for home features a durable metal roof and hurricane impact windows, hardie board (cement) siding, ensuring safety and longevity. Step outside to find multiple pastures, ideal for livestock, complete with cattle chutes, chicken coops, making this property perfect for animal lovers and their furry and feathered friends. The entire property is fully fenced, providing security and peace of mind. Additional storage is available with a newer shed that has been added and plenty of room for your RV or boat. Nestled in a wonderful community with no deed restrictions, you'll enjoy the freedom to truly make this property your own. Plus, it's located in an excellent school district and just a short drive from town, where you can take advantage of great amenities. Come and experience country living at its finest! Estimates for painting whole home and flooring are on site at home and attached to MLS. THERE IS A $250 PER YEAR HOA FEE AND THAT IS FOR THE ROADS ONLY. HOA HAS NO DEED RESTRICTIONS
Features
- Rooms: 8
- Bedrooms: 3
- Baths: 2 full / 1 half
- Laundry: Laundry Room
- Style: Traditional
- Year Built: 1977
- Garage: 2-car Parking Pad
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,675
- Acreage: 5
- Est. Taxes: $2,065
- HOA Fee: $250 Annually
- View: Trees/Woods
- Elem. School: Tatum Ridge Elementary
- Middle School: McIntosh Middle
- High School: Booker High
- Pet Policy: Yes
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: A4617620
- Days on Market: 113 days
- Website: https://www.raveis.com
/prop/A4617620/16023winburndrive_sarasota_fl?source=qrflyer
Listing courtesy of PREFERRED SHORE Phone: 941-999-1179
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
16023 Winburn DRIVE, Sarasota, FL, 34240
$655,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $524,000 | $524,000 | $524,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
| Monthly Tax Payment | $172 | $172 | $172 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,575 | $3,483 | $4,457 |
| Total Monthly Payment | $3,839 | $3,747 | $4,721 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388