OPPORTUNITY IS KNOCKING- HAVE A LOOK! Take a drive onto this quiet street in a friendly neighborhood with no through traffic, located in the heart of Sarasota. This home with ¼ acre of a mostly fenced yard has been lived in and loved by one owner. It’s ready for the next family to make it their own. The A/C and the Hot Water tank are (2019) and all of the Appliances are new (except the dryer). It has an upgraded Electrical Panel, the pipes have been jetted, milled, and sleeved, and there are real Bamboo floors throughout, new vinyl flooring in the laundry room, a complete Primary Bathroom remodel, not to mention new closet doors in the bedrooms. The interior and the garage have had its paint refreshed and there are many new light fixtures/fan. Connected to County water and sewage with the well still in place for irrigation. The home will need a roof replacement and some interior ceiling repair due to some damage from Milton. An appraisal was done right before the storms and will be shared with the buyer. Seller has estimates for these repairs. The neighborhood includes a small, rustic clubhouse built in 1923 that was the social hub for The Maine Colony Historic District and is still used for special functions, making this warm welcoming community a great place to call home. All of this is in an A-rated school district and on a non-deed restricted street. Just minutes to Riverview High School and shopping, 2 miles to the very famous and gorgeous Siesta Key Beach, and just 10 minutes to beautiful downtown Sarasota. No HOA so bring your boat, trailer, and toys!
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,000
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 | $279,200 | $279,200 | $279,200 |
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 | $293 | $293 | $293 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,858 | $1,856 | $2,394 |
Total Monthly Payment | $2,226 | $2,224 | $2,762 |
* 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.