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$1,350,000

Beds
3
Baths
3.0
sq ft
3,157

1101 Palm View Rd, Sarasota, FL 34240

1101 Palm View Rd

SARASOTA, FL 34240

  • 3 days on market
Welcome to the ultimate retreat location. This Property has it all! 500 ft cement driveway, Huge heated pool, huge flex game room, separate 3 bay garage with Lift and work shop, Multi-sport court including tennis, pickle ball and basket ball lines plus night time illumination, open playing field, private forest, stocked pond ,finished garden with irrigation and much more. Impact Glass, Solar System and Whole house generator makes it a hurricane ready home. Outside of the flood zone for peace of mind. New LVP flooring, freshly painted inside and out. One of the most complete 5 acre properties on the market. Lots of Flora and fauna but most importantly Land and privacy, the ultimate luxury. Watch Deer, Hawks, eagles, foxes wild hogs and more . Fish your own dinner! all in all a property that exudes value safety, space and privacy. See spec sheet attached for specifics on improvements.

Details

Property type

Single Family Residence

Est. home value

$914,023

Lot size

5.0 acres

Price per sq ft

$428

Year built

1996

Annual property taxes

$5,338.38

Monthly HOA fee

$70

Price History

12/31/2024
StellarMLS

StellarMLS #A4633839

Listed
$1,350,000
+221.43%
09/09/2016
StellarMLS

StellarMLS #A4154648

Sold
$420,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$872,596
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$369,404
Cash to seller
$872,596

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Navy Fcu

Loan start date

November 2021

Original loan amount

$395,648

Est. remaining balance

$369,404

Interest rate

3.01%

Loan type

VA, 30 year

Seller

Lawrence J Long and Tracey Lynn Long

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/03/2025 at 12:05 PM

Listing updated: 01/01/2025 at 6:55 AM

Listed by: Rigo Rivera, LISTIFY Phone #: (941) 587-3767

MLS: StellarMLS #A4633839

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