Under contract-accepting backup offers. ***Priced to Sell*** Luxury custom estate home above flood with water views of Sarasota Bay and Longboat Key. "West of the Trail" Built on what was originally three individual lots this home offers privacy in a neighborhood setting. In recent years the upgrades to the home totals over $300, 000. Some of these upgrades include 30yr roof, custom hurricane windows and doors, whole home water filtration system, new electrical including the electrical panel, all HVAC units & home air filtration system, brand new stone paver driveway, fully fenced with key code security and electrical openings!! A seven stage lawn sprinkler system with its own dedicated water well, oversized finished 3 car garage with climate control AC, and much much more ** Inside you will find six bedrooms and eight bathrooms with upgraded plumbing and lighting fixtures. Two of the six bedrooms are owners suites, offering the owner a first or second floor option. Convenience of first and second floor laundry room. Entertain your family and friends in the large kitchen with Professional series Viking range, maple cabinets, granite countertops, two full size refrigerators, stainless steel appliances, under cabinet lighting and travertine flooring throughout the first floor of the home. Enjoy fun in the sun poolside, in the heated saltwater pool and spa with water feature, Caged and surrounded by stone pavers the pool area offers additional space to entertain and outdoor dining! This property offers a huge back yard great for pets and even room for a possible detached garage* Whitfield Estates was established in the 1920's and has a park like setting that you will immediately notice as you drive around this lovely neighborhood. Tree lined streets and sidewalks make this neighborhood perfect for dog walking and meeting neighbors. ** Attention Investors, Airbnb evaluation of over 255, 000 a year** Nearby is the Ringling Museum of Art, New College, the University of South Florida, the Ringling College of Art and Design, the Asolo Theater, Sarasota Bradenton International Airport and downtown Sarasota. Lido Key is only 6 miles away as well as popular St Armand's Circle. Whitfield Estates has a voluntary neighborhood association that meets 6 times a year at the Sara Bay Country Club. Dues are optional $30 annually, HOA membership includes dining at Sara Bay Country Club * Possible Owner Financing Options**
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,199,200 | $1,199,200 | $1,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 7.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.968% | 7.228% | 7.292% |
Monthly Tax Payment | $783 | $783 | $783 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,181 | $8,079 | $10,863 |
Total Monthly Payment | $9,089 | $8,987 | $11,771 |
* 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.