514 Summer Sails DRIVE, Valrico, FL, 33594 | $340,000

**Back on market due to buyers financing falling through the day of closing!!**Step right into the vibrant community of Somerset Valrico and discover this recently renovated gem that is awaiting its new proud owners! This dynamic 3-bedroom, 2-bathroom abode boasts just under 1, 300 heated square feet of pure excitement. Prepare to be dazzled by the BRAND NEW KITCHEN featuring luxurious quartz countertops, new cabinets, new hardware, and a stylish backsplash. The interior has been freshly painted, new door knobs, upgraded light fixtures, new blinds, and more! All of these upgrades are complemented by striking ceramic wood plank tile and ceramic tile. Upon entering, you'll be captivated by the luxurious sparkling new kitchen with stainless steel appliances, including a versatile electric or natural gas range. Step outside to your fully fenced backyard oasis, with upgraded landscaping, complete with a screened-in lanai and a charming pergola illuminated by industrial lighting that is perfect for all your entertaining needs, and much more!! This home offers access to a range of community amenities, including a pool, clubhouse, dog park, volleyball, tennis and basketball courts, playground, and park. With roof installed in 2022 and AC installed in 2021, this home is not just beautiful but also worry-free. Conveniently located near shopping, dining, entertainment, and major highways, this residence is the epitome of modern living. Don't miss out on the chance to experience this move-in ready masterpiece - contact us today for an exclusive tour!

Features

  • Amenities: Basketball Court, Park, Playground, Pool, Recreation Facilities, Security, Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 40 x 95
  • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
  • Year Built: 2002
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 1,283
  • Acreage: 0.09
  • Lot Size: 40 x 95
  • Est. Taxes: $4,147
  • HOA Fee: $160 Quarterly
  • Lot Desc: Landscaped, Sidewalk
  • Elem. School: Nelson-HB
  • Middle School: Mulrennan-HB
  • High School: Durant-HB
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • MLS#: T3528490
  • Days on Market: 71 days
  • Website: https://www.raveis.com
    /prop/T3528490/514summersailsdrive_valrico_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/28/2024 7:17:56 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 813-685-7755

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888.699.8876

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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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

514 Summer Sails DRIVE, Valrico, FL, 33594

$340,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $272,000 $272,000 $272,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.512% 6.273% 5.248%
Monthly Tax Payment $346 $346 $346
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,697 $1,653 $2,150
Total Monthly Payment $2,118 $2,074 $2,571

* 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.