5368 Colony Meadows LANE, Sarasota, FL, 34233 | $479,000

One or more photo has been virtually staged. This block-constructed pool home has three bedrooms and three full baths. There is a large pool enclosure with a lanai that opens up to the master suite via sliding glass doors. The home boasts vaulted ceilings and a split floor plan for privacy. The backyard is very private with a wooded view. Updates include newer roof, newer AC and the pool has been recently resurfaced. The exterior has been recently painted . Home is priced below market at only $259 per square foot for quick sale. It has been vacant for six months and needs a good cleaning, bushes trimmed, grass mowed, as well as some touch up paint inside and is priced accordingly giving the opportunity for buyer to have some sweat equity with an extremely minor amount of work that needs to be done. Convenient to Siesta Beach, UTC Mall, Publix, Walmart, Sarasota Airport, Tampa International Airport, and other nearby airports as well. There are many fine restaurants nearby. It is close to the Legacy Bike Trail as well as Urfer Family Park. It is a pet-friendly park (dogs must be on a leash) with a rock climbing wall, swing set, slide, and many other things to keep your children and four-legged companions happy. The home needs some minor touch-up paint on the inside, bushes need to be trimmed, and it needs a good cleaning inside. It is priced accordingly and sold "as-is" for the seller's convenience. It is the lowest price per square foot compared to other similar pool homes nearby. Extremely low HOA (about $21 per month, paid annually at $250 per year). No flood insurance required. Check out all of the photos as well as the Zillow 3-D virtual tour with the floor plan available from the following link. Simply copy and paste it into your browser. https: //www. zillow. com/view-imx/a7e00509-9944-4aa7-913c-5ff3a9b988cb?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Style: Contemporary, Other
  • Year Built: 1998
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,848
  • Acreage: 0.13
  • Est. Taxes: $3,392
  • HOA Fee: $250 Annually
  • Lot Desc: In County, Landscaped, Near Golf Course
  • View: Pool, Trees/Woods
  • Pool: Gunite, In Ground, Lighting
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4628259
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/A4628259/5368colonymeadowslane_sarasota_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 11/25/2024 12:28:05 AM)
Listing courtesy of WAGNER REALTY   Phone: 941-955-1500

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5368 Colony Meadows LANE, Sarasota, FL, 34233

$479,000

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 $383,200 $383,200 $383,200
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 $283 $283 $283
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,549 $2,547 $3,286
Total Monthly Payment $2,907 $2,905 $3,644

* 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.