Located in the gated community The Hammocks, where does one start in describing this John Cannon-built home? Curb appeal- absolutely. You will find one of the most well-kept lawns with upgraded landscaping and lighting. This lot had a premium when purchased, and the seller knew it was worth it. The privacy, lush foliage, and mature trees of the nature preserve in the back are priceless. And you know if the exterior is perfection, the interior is too. Spacious and open, you will walk through the double glass door entry and your eyes will be immediately drawn to the back lanai, the pool, its water features, and the preserve. That view alone will tell you this is the one. Built in 2005 with all the features of a John Cannon home, you will take note of the 15-foot and 12-foot ceilings in the front of the home (including the private office), sliders from every room off the back that open to the lanai and pool, and 10-foot and 12-foot ceilings in other areas of the home. Following on to the primary family room, the disappearing corner sliding glass doors give you the Florida lifestyle of bringing the outdoors in. The kitchen, open to the family room, has a GE Monogram gas cooktop, double wall ovens, and is surely a kitchen any chef will love with all 2021 appliances. Utilizing the outdoor space, you can also grill with the outdoor kitchen that was installed in 2021. The split bedroom plan assures the primary suite the privacy and serene views of the lanai, pool, and picturesque backyard. Two sizable walk-in closets and a spacious primary bath with a walk-in shower and jacuzzi tub finish this private owner’s suite. The office, next to the entry of the primary suite, does have a closet and could be the fifth bedroom if needed. On the other side of the home, there are three more sizable bedrooms and two more full baths. With a pocket door off the family room, this part of the home provides privacy for guests and family members alike. The laundry room comes equipped with an Maytag washer and dryer installed in 2021 and has a sink and extra cabinets for storage. Additional notable elements of this home are that both Trane AC systems were installed in 2018. Nine 10-year smoke alarms were installed in 2021, a central vacuum system (with the equipment to vacuum the car), an instant hot water system services the entire home, and all toilets were replaced to comfort height a few years ago. The Samsung 75-inch Smart TV with soundbar (2020) and sound system in the family room will stay with the home along with the credenza housing the receiver and additional equipment. Ready to entertain? Open the sliding glass doors from each room, turn the music on, utilize the speakers in the family room and the lanai and fire up the new grill. The Hammocks is known for its lush, mature trees and landscaping, serene lifestyle, and well-kept homes, all in an ideal location to enjoy all of what Sarasota is about. At 3, 354 square feet under air and a three-car garage, this home fits all lifestyles. Furniture available. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $860,000 | $860,000 | $860,000 |
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 | $471 | $471 | $471 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,867 | $5,650 | $7,670 |
Total Monthly Payment | $6,463 | $6,246 | $8,266 |
* 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.