Welcome to Serenade at Palmer Ranch. This condominium is the only first floor one-bedroom, one-bath unit available in the neighborhood. It's been nicely updated with crown molding throughout, light tan granite stone countertops in the kitchen and bath, and the air conditioning and water heater were recently replaced. The kitchen has a newer stove and microwave with space for cooking and breakfast bar plus an adjacent dining area. The living room and bath were recently painted, and the tile was also updated in the bath. Enjoy tall ceilings and a spacious layout with 843 square feet of living space and outdoor porch. The bedroom has a 5-by-6-foot closet with a large window looking out to the front. Lots of storage space in the condominium with a closet in the dining area, a kitchen pantry and a linen closet in the hall plus a laundry closet with storage space above the washer and dryer, and an additional storage closet just outside your front door. Conveniently across the street from one of the two community pools, and just a short distance to the main pool, tennis courts, gym and clubhouse. This condominium in Serenade is a great location in Sarasota just 6. 5 miles to Siesta Key Beach and about 10 miles to downtown Sarasota.
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
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 | $200,000 | $200,000 | $200,000 |
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 | $77 | $77 | $77 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,329 | $1,715 |
Total Monthly Payment | $1,483 | $1,481 | $1,867 |
* 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.