One or more photo(s) has been virtually staged. This home and property is a special hidden gem in Sarasota, nestled on a 1. 54 acre homesite in a mature neighborhood and located on a very private street just a few homesites from the end cul-de-sac. This totally updated 1, 700’ lovely 4 bedroom home (or 3 BR plus den/study) with 2 full baths features a NEW kitchen and living areas. This special home & property has been professionally updated with all new hurricane-impact windows, pocketing sliding doors to lanai plus a new stylish garage door with windows, as well as frosted glass in bathroom windows for privacy. Also NEW are: PVC piping for all under-slab drain and water pipes, Luxury Vinyl Tile flooring throughout, textured ceilings, all light fixtures, all hardware on shaker-style doors, solid wood kitchen cabinets, quality quartz countertops, glass tiled backsplash, and ALL stainless-steel appliances! New Smart/Wi-Fi features include a touchless kitchen faucet, new ceiling fans (Alexa/Google Assistant enabled), a/c thermostat, garage door opener (built-in camera, Amazon Key, myQ app). New pavered driveway and sidewalk too! Located in “Lost Forest” (adjacent to Hidden Forest), which is a very low-turnover neighborhood - rarely does a property become available here. You’ll enjoy your drive home passing through canopy-lined streets as you enter this small, friendly community with well-kept residences on large homesites and mature wooded buffers between most of the neighbors. This property also has a reliable deep drainage creek along the back of the homesite that provides a natural barrier, with sloping grades allowing for excellent water shed across the whole property. From the screened rear lanai area, step into the large backyard oasis to fully experience the beauty of this unique property with ancient Live Oaks offering a shaded paradise! A list of plants and fruit trees is available, along with a list of the updates to this beautiful home! Enjoy this quiet community nestled away from busy streets and noise where you can meet your friendly neighbors while walking your pets, or just getting some exercise. This special property has no CDD’s or HOA fees with plenty of room to park your toys – no need to pay extra to store your boat, RV, jet skis, or yard equipment! Plenty of room to add another garage or storage building, or perhaps an Accessory Dwelling Unit! There are many opportunities with this special homesite! Just 20 min. to downtown Sarasota, 10 min. to UTC Mall & Benderson Park, 15 min. to SRQ airport, or 20+ minutes to World Class Beaches on Lido Key! Note that the left side of this parcel has a ½ acre wooded buffer that could be used to expand this homesite (with proper permits). Set an appointment to see this fully updated home soon!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $569 | $569 | $569 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,738 | $4,800 | $6,497 |
Total Monthly Payment | $5,399 | $5,461 | $7,158 |
* 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.