7031 Lancaster COURT, University Park, FL, 34201 | $739,900

Under contract-accepting backup offers. LOWEST PRICE HOME PER SQUARE FOOT IN UNIVERSITY PARK COUNTRY CLUB! Tranquil park-like setting in front and a private nature preserve view in back* Engineered hardwood floors in all main living areas including bedrooms* Kitchen features granite counters with a full height slab backsplash, stainless steel appliances, cherry cabinets, and a dinette* Each bedroom is a haven with its own ensuite bath along with a separate powder room for your guests* All baths have granite counters and undermount sinks* Pool and lanai access available from the master bedroom, formal living room, and family room* Foyer entry with Roman columns, formal dining room, spacious master suite with 2 walk-in closets, deluxe master bath with dual vanities, Roman style step-up garden tub and a glass block shower* Recent improvements include exterior home and pool deck painted May 2023, lanai cage rescreened and metal cage painted in 2021, variable speed pool pump and gas water heater in 2022* Utility room complete with laundry tub, cabinets, and front load washer and dryer* Oversized 2 car garage with overhead storage rack* This home is located within the Henley of University Park Country Club, a separately gated and unique community of 32 homes surrounding a central green with a pavilion for neighborhood gatherings. Located along the Braden River, Henley offers a private sanctuary with easy access to all of the country club amenities. HOA fees cover lawn care, premium cable and internet, irrigation water, electronic gate access, and private roads. University Park Country Club is an outstanding semi-private golf course community offering scenic natural beauty with an active recreational and social lifestyle. Extraordinary amenities featuring 27 holes of golf, tennis, pickleball, croquet, fitness center, indoor/outdoor dining, and a full social calendar of dining, holiday, and member events. Convenient to UTC mall, Benderson world class rowing facility, casual and fine dining, the new Mote Marine aquarium (Currently under construction), and within 20-30 minutes to downtown Sarasota, the downtown Bradenton riverfront, and Lido and Siesta Key beaches.

Features

  • Amenities: Fitness Center, Gated, Golf Course, Optional Additional Fees, Pickleball Court(s), Recreation Facilities, Tennis Court(s)
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside
  • Style: Florida, Ranch
  • Year Built: 1999
  • Garage: 2-car Garage Door Opener, Oversized
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 2,506
  • Acreage: 0.29
  • Est. Taxes: $6,551
  • HOA Fee: $2,064 Quarterly
  • Lot Desc: In County, Sidewalk, Street Dead-End
  • View: Park/Greenbelt, Trees/Woods
  • Elem. School: Robert E Willis Elementary
  • Middle School: Braden River Middle
  • High School: Braden River High
  • Pool: Gunite, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4578885
  • Days on Market: 258 days
  • Website: https://www.raveis.com
    /prop/A4578885/7031lancastercourt_universitypark_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 6/11/2024 11:32:08 PM)
Listing courtesy of COLDWELL BANKER SARASOTA CENT.   Phone: 941-487-5600

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

7031 Lancaster COURT, University Park, FL, 34201

$739,900

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 $591,920 $591,920 $591,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.880% 7.171% 6.538%
Monthly Tax Payment $546 $546 $546
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,988 $3,934 $5,075
Total Monthly Payment $4,626 $4,572 $5,713

* 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.