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This spacious John Cannon built pool home is perfect for multigenerational living. Offering almost 3, 700 square feet of living space, it features 5 bedrooms and 4 bathrooms, an office, living room, formal dining room, family room, and interior laundry. It also has a 3-car garage. The sellers have lovingly maintained this property. They have enhanced it by extending the lanai and adding paver bricks, resurfacing the pool with Pebble Tec, adding a new pool cage and gutters. The tile roof is only 6 years old. The kitchen, which serves as the central hub overlooking the family room and breakfast area, boasts recently refinished cabinets, stainless steel appliances that are 5 years old, a large pantry, and a natural gas stove. Granite countertops offer plenty of space for seating and serving. The master bedroom with two closets, overlooks the pool and preserve and features an en suite bathroom with a soaking tub, a walk-in shower, built-in vanity and dual sinks with abundant counter and storage space. On the other side of the home are 3 bedrooms, a shared bathroom for two of the bedrooms, and a third bathroom that also serves as the pool bath. Upstairs is an additional bedroom with an en-suite bathroom. This room could also be used as a game room, workout room, or second office. The property provides a great sense of privacy, as it is practically surrounded by the preserve, with no homes in front or behind. You can enjoy the serenity of your backyard with only the birds, deer, and bunnies for company. The Hammocks is known for its low HOA fees and no CDD fees. Ideally located near top A-rated schools, the Pine View School bus picks students up near the front entrance of this gated community. Recreational, dining and shopping venues are all nearby, including 5 golf courses: Laurel Oaks (which also has tennis and pickleball), Misty Creek, Bent Tree, Founders Club, Gator Creek plus NXGEN indoor Golf Studio. Rothenbach Park with bike and nature trails is across the street from The Hammocks and a short drive will take you to Siesta Key Beach, downtown Sarasota, Waterside Park in Lakewood Ranch and the UTC Mall. This location offers the perfect blend of lifestyles, enjoy the quiet tranquility of your home, and take advantage of the vibrancy all the surrounding area has to offer!
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $868,000 | $868,000 | $868,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $534 | $534 | $534 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,274 | $5,558 | $7,561 |
Total Monthly Payment | $5,933 | $6,217 | $8,220 |
* 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.