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One or more photo(s) has been virtually staged. Discover the hidden treasure of University Groves! What a gem of a community, offering maintenance free living and a prime Sarasota location!!! The custom detailed architechtural style of the homes, the tile roofs and paver driveways and sidewalks contribute to the upscale feeling of this community. Treat yourself to serene sparkling lakes views every day from this magnificent 2Br with versatile den, Madallion built home. This home is embraced by stunning landscape, thoughtfully designed and lovingly maintained by the current homeowner. A vibrant collage of colors and a tapestry of textures transforms the outdoors into a picturesque retreat, where every plant and flower has been carefully chosen and nurtured with passion. A gorgeous etched glass front entry door leads you into a flowing floor plan of style, function and comfort. Upon entry you are greeted with soaring ceilings and a dramatic foyer. This functional layout is light, bright, open and airy. High tray ceilings, crown moldings, ceramic tile floors thoughout the main living areas and beautiful white birch wood floors in the bedrooms. The spacious kitchen has been updated with designer GE Cafe appliances with brushed copper fixtures. It has granite counters and raised panel warm wood cabinets with crown molding. Your dining area is conveniently located just off the kitchen with scenic views out to the back yard. The kitchen opens directly to the greatroom with a breakfast bar offering lots of room for additional seating. The den is equipped with a beautiful custom double desk built-in with warm wood cabinets, shelving and granite counters. Makes for the perfect home office. Enjoy a luxurious Primary bedroom retreat with double door entry, high tray celing with crown molding and a fantastic California walk-in closet. This home is in pristine condition and move in ready. The entire interior has been freshly painted. Other features include: plantation shutters throughout, security system, hurricane shutters, rain gutters, natural gas connections, epoxy garage floors, shelves in garage and room for a pool. You'll love only being 10 miles to the nearest award winning white sand beaches of the Gulf Cost! This prime location offers you a Sarasota address but with Manatee County taxes. Enjoy being super conveniently located to shopping, restaurants, the UTC Mall, Bendersen Park, the airport, downtown Sarasota and Lakewood Ranch. Sarasota is know as Florida's Cultural Coast, so you can indulge in being in close proximity to the many prestigious arts and cultural venues it has to offer. . . museums, art galleries, live theatres, gardens, operas and ballets just to name a few. So don't delay. This home offers the total package of style, comfort and location!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
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 | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | $324 | $324 | $324 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,433 | $2,526 | $3,205 |
Total Monthly Payment | $2,832 | $2,925 | $3,604 |
* 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.