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Under contract-accepting backup offers. When mid-century charm meets opportunity in the perfect LOCATION you get this rambler home in the highly sought after Arlington Park Neighborhood. A true Sarasota classic full of original allure, featuring an airy 3 bedroom, 2 bath split floor plan at 1289 square feet under air with an oversized carport that accommodates one car. Big ticket items have been taken care of; new roof in 2020, a/c 2018, and electric hot water heater in 2024. As you first step inside you're greeted by an inviting open living area that boasts of the original wood-burning fireplace, built-in bookcase, and a large picturesque set of windows that fills the space with natural light. The spacious kitchen and dining area are designed with entertaining in mind, providing ample space for gatherings and culinary creations that connects to a Sunroom overlooking the backyard. The Sunroom with windows on 3 sides brings the outdoors in for a perfect spot to relax or possibly the ideal space for a home office. There's original Terrazzo flooring in the 2nd Bedroom; rest of home has tile throughout while the Primary Suite includes a quaint en-suite bathroom. There's an outdoor laundry room accessed by the Kitchen for added convenience. Situated on an 8063 square foot lot, the large fenced backyard offers plenty of space to create a private dream retreat with room for outdoor activities. The location is unmatched; minutes from Downtown Sarasota, Sarasota Memorial Hospital, Bayfront Park & Marina, vibrant Southside Village, known for its shops and dining options, Arlington Park & Aquatic Center within a half mile with sidewalks all the way, an entrance to the Legacy (bike) Trail 1. 1 miles away, and 6 miles from award-winning Siesta Key Beach to name just a few. *Please note 4 photos have been virtually staged and noted on each specific photo.
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$459,000
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 | $367,200 | $367,200 | $367,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $303 | $303 | $303 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,291 | $2,412 | $3,074 |
Total Monthly Payment | $2,669 | $2,790 | $3,452 |
* 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.