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Welcome to Casa de Morrill in the heart of Historic Laurel Park. Originally built in 1950, this charming cottage has undergone a complete transformation during the past couple years by its' new owners. This unit (#1736) is new from the studs out. Crawl space has been cleaned out and protected with sheeting, plywood subfloor has been fully replaced, and all interior surfaces are like new: vinyl plank, appliances, cabinetry, fixtures, lighting, windows, doors, trim, washer, dryer, dishwasher, interior doors, exterior doors, 2" plantation blinds, ceiling fans, A/C unit and all new ductwork, new insulation in attic areas, fire-rated barrier installed between units in attic, new metal roof, new pavers (sealed) and impact windows. This unit has its' own front paved courtyard, private laundry and 2 entries. This unit is available on June 1. Enjoy living just 2 walking blocks from Main Street and downtown Sarasota! Please no sublets or short term renters. This property is actively registered and licensed with DBPR and compliant with Maya's Law. Applicants will be subject to a thorough background check that includes employment and credit. Move-in requires first, last, and security. Tenant pays for electricity, phone, internet and cable. If tenant wishes to install a wireless security system (Ring or similar) they may do so with written permission of the owner/landlord, provided that cameras are only directly facing the unit's front porch door area or back porch door area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,600
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 | $2,080 | $2,080 | $2,080 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $14 | $17 |
Total Monthly Payment | $88 | $89 | $92 |
* 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.