Now available in Field Club Estates, one of Sarasota’s most sought-after West of Trail neighborhoods. This property sits on almost a half-acre and has been home to two local artists for 30 years. As you enter the driveway behind the 8-foot privacy hedge, you immediately feel a sense of tranquility and calmness provided by a secluded tropical oasis featuring magnificent palm trees and charming paver paths that wind throughout the lush landscaping. A prior garage enclosure provides for a 400+ SF artist's studio with concrete floors, exposed ceiling trusses, and a large walk-in closet that is accessible from both the main living area and outside courtyard. Use the studio as is or adapt to meet your needs. In 2011 a 2-car detached carport was constructed on the property along with a new attached covered front porch entry. The 3rd bedroom was converted into a den/tv room but could easily be returned to a bedroom if desired. Features of the home include Acacia engineered hardwood floors throughout, wood burning fireplace in the dining room, painted solid maple kitchen cabinets, quartz countertops, a farmhouse sink, LED lighting and Plantation/Bahama shutters throughout the home. Other highlights include a well for irrigation, solar panels, and a dog friendly neighborhood with sidewalks and friendly neighbors. The pool was resurfaced with a pebble tech finish in 2010 and is accessible from both the primary suite and dining room. The location is amazing and conveniently located just minutes from the Field Club, Trader Joes, Landings shopping center, Siesta Beach, Southside Village and Downtown. Located outside of the flood zone you will have a peace of mind not having to deal with the cost of flood zone insurance requirements and FEMA renovation restrictions. Both the entire home and grounds are ADA accessible. If you're looking for a slice of old Florida, this is it. Bedroom Closet Type: Built In Closet (Primary Bedroom).
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William Raveis Real Estate
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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 | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 7.014% | 7.041% |
Monthly Tax Payment | $216 | $216 | $216 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,522 | $6,280 | $8,526 |
Total Monthly Payment | $6,863 | $6,621 | $8,867 |
* 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.