PRICE REDUCTION & ASSUMABLE 3. 8% MORTGAGE FOR QUALIFIED BUYERS!!! Welcome to 3611 Chinaberry Lane in Sarasota’s Maple Hammock in the X (low-risk) FLOOD ZONE. Rarely available, here’s your opportunity to live in Maple Hammock, an intimate community tucked away in the heart of Sarasota! This DELIGHTFUL TWO-STORY HOME WITH 3 BEDROOMS, 2 BATHROOMS, UPSTAIRS BONUS SPACE, and an OVER-SIZED ONE-CAR GARAGE is located on, arguably, one of the BEST LOTS in the community. The home is at the end of a cul-de-sac, which in addition to the fenced-in yard provides lots of PRIVACY AND LUSH GREENNESS! Throughout the years, homeowners have thoroughly enjoyed the outdoor spaces this home offers. They’ve carefully created a backyard oasis, which includes a spacious patio, a shade gazebo, tropical landscaping, a storage shed, and two enclosed lanais – one is just off the kitchen, and one is off the primary bedroom. This home has great curb appeal starting with the tropical landscaping. The roomy front porch is screened-in and gives off a happy, welcoming vibe! It’s a great space to enjoy your morning coffee and listen to the sounds of nature or kick back at the end of the day! The front door has a glass storm door providing additional natural light. As you step inside, you'll be greeted by a spacious living room with rich hardwood flooring and as you move toward the back of the home, you’ll enter the kitchen, with a large eat-in dining space with room for a large dining table and a buffet. The kitchen invites you in to enjoy preparing meals with warm-toned cabinetry, beautiful tile backsplash, tile floors, and stainless appliances. The primary bedroom is on the first floor and has an en-suite bathroom with a walk-in closet. The upstairs features the 2nd and 3rd bedrooms with walk-in closets, a nicely updated bathroom as well as a bonus area which would make a great den, office or playroom. Some seller improvements include a NEW ROOF (2020), NEW AIR HANDLER (2017), NEW INDOOR BLOWER UNIT & UV LIGHT INSTALLED (2022), TOTAL HOUSE DUCT CLEANED (2022), NEW RANGE (2020), FIRST FLOOR FRESHLY PAINTED (2023), UPSTAIRS BONUS ROOM (2024), NEW SCREENS & VINYL WINDOWS LANAI OFF KITCHEN (2024), NEW GAZEBO SHADE (2024), GUTTER GUARDS (2022), NEW WASHING MACHINE (2019), NEW MICROWAVE (2022). The Maple Hammock community pool, in its picturesque setting, is perfect for enjoying a leisurely swim or just relaxing poolside. Maple Hammock is just minutes from Downtown Sarasota, the white sandy beaches of Lido, Longboat & Siesta Keys, world-class arts, museums, theatre, shopping, dining, Nathan Benderson Park, the Legacy Trail, the new Mote SEA Aquarium, the University Town Center – a world-class shopping mall and so much more! DON’T MISS THIS OPPORTUNITY – SCHEDULE A SHOWING TODAY!!!
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Our Executive Mortgage Banker:
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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 | $338,800 | $338,800 | $338,800 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $394 | $394 | $394 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,254 | $2,252 | $2,905 |
Total Monthly Payment | $2,723 | $2,721 | $3,374 |
* 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.