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Nestled in the desirable Sara Bay Country Club community, this Arthur Rutenberg home offers an exceptional opportunity to make it your own. Golf membership is not required, while the voluntary HOA provides access to dining and social events at the clubhouse restaurant and lounge. Ideally located midway between Downtown Sarasota and Downtown Bradenton, and just a short walk to Sarasota Bay.
Situated on an oversized 23, 335-square-foot L-shaped lot, this property offers plenty of privacy and outdoor space. A large fenced backyard provides a secure area for everyone and pets, while the property extends approximately 340 feet to picturesque Bowlees Creek, creating a peaceful natural backdrop.
The interior is ready for your personal updates, but many of the home's major improvements have already been completed, including a new barrel tile roof (May 2023), a new pool screen enclosure (2024), recently resurfaced pool, hurricane-impact windows and sliding glass doors (March 2018), Carrier HVAC system (June 2018), and a Generac whole-house generator (June 2019). With solid construction, an outstanding location, and significant exterior upgrades already in place, this home is ready for its next chapter.
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Our Executive Mortgage Banker:
Our Insurance Division:
$480,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $384,000 | $384,000 | $384,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | $158 | $158 | $158 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,300 | $2,425 | $3,189 |
| Total Monthly Payment | $2,533 | $2,658 | $3,422 |
* 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.