Situated on the coveted NW corner of Palmer Ranch, mere moments from Siesta Key and positioned as the closest Ranch community to the Cultural Arts Center of Downtown Sarasota, Palisades of Palmer Ranch presents an exclusive haven. Embraced within a gated, maintenance-free enclave, this community boasts only 43 meticulously crafted homes by esteemed builder Gibraltar. Revel in the timeless allure of Southern French Mediterranean Architecture, epitomizing quality construction and meticulous attention to detail. Discover the elegance of the Van Gosh model, offering 1901 interior air-conditioned square feet adorned with two bedrooms, two baths, and a generously proportioned office/den. Illuminated by natural light, the residence seamlessly integrates its living room and dining area with an open kitchen, offering breathtaking views of Crane Lake, where vibrant waterfowl gracefully abound. Witness the annual nesting of two Sandhill Cranes amidst the picturesque grasses of Crane Lake, adding to the enchantment of this tranquil setting. Elegance pervades every corner, with tray ceilings accentuating the dining room and primary bedrooms, while crown molding and arched doorways exude timeless charm. Enhancing its curb appeal, the property features a side entry garage and a paver drive. Residents enjoy easy access to the community pool, complete with a convenient kitchen ramada. Updates include a new air conditioner installed in 2020 and a re-piped home in 2008. Seize the opportunity to experience this exceptional home firsthand - schedule your viewing appointment today! Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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Our Executive Mortgage Banker:
Our Insurance Division:
$524,000
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 | $419,200 | $419,200 | $419,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $249 | $249 | $249 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,860 | $2,786 | $3,535 |
Total Monthly Payment | $3,201 | $3,127 | $3,876 |
* 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.