tomo logo

$504,990

Beds
4
Baths
2.0
sq ft
1,839

12772 Lateral Root Dr, Sarasota, FL 34238

12772 Lateral Root Dr

SARASOTA, FL 34238

  • 22 days on market
    • Price drop $14,910↓
    • Open house Sep 22
Price drop alert! Motivated seller-Save $15,000. Welcome to Your Dream Home in Promenade Estates! Discover the perfect blend of comfort and luxury in this stunning newer 4-bedroom, 2-bathroom gem located in the highly sought-after Promenade Estates within Palmer Ranch. Nestled in a vibrant, gated community, this home offers everything you need for a modern, active lifestyle. The 2-10 structural warranty is transferable to the new owners, the HVAC has a 5 year transferable warranty. Step inside and be greeted by an expansive open floor plan with tall ceilings and elegant doors that enhance the spaciousness of this beautiful home. The gourmet kitchen is a chef’s delight, featuring stainless steel appliances, granite countertops, and upgraded finishes including a stylish backsplash, sleek cabinet handles, and contemporary lighting. The home’s true standout is the newly expanded 25x25 enclosed patio, complete with no-see-um screening and a fully fenced yard—ideal for entertaining guests, relaxing with your pets, or enjoying a barbecue. Promenade Estates offers exceptional amenities, including: A community pool and splash pad A fitness center and clubhouse Basketball and sand volleyball courts A dog park and playground All this with no CDD fees and a low HOA fee! Enjoy easy access to the Legacy Trail for hiking and biking, and explore local attractions just a short drive away. Downtown Sarasota is only 12 miles from your door, while world-renowned Siesta Key Beach is a mere 9.9 miles away. Additionally, you’ll be in close proximity to top-rated schools, including Pine View School. This home is attractively priced to sell quickly and won’t last long! Don’t miss your chance to own this exceptional property. Call today to schedule your private showing and make this dream home yours!

Details

Property type

Single Family Residence

Est. home value

$555,214

Lot size

6,524 sq ft

Price per sq ft

$275

Year built

2022

Annual property taxes

$4,032.88

Monthly HOA fee

$218

Price History

09/17/2024
StellarMLS

StellarMLS #A4621375

Price change
$504,990
-2.87%
08/28/2024
StellarMLS

StellarMLS #A4621375

Listed
$519,900
-5.47%
09/20/2022
StellarMLS

StellarMLS #T3373162

Sold
$549,990

Schools & Community

Elementary school: 

Laurel Nokomis Elementary

Middle school: 

Sarasota Middle

High school: 

Venice Senior High

Community features: 

Gated, Clubhouse, Fitness Center, Playground, Pool

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

$37,355
Asking price
$504,990
Closing costs (~8% of asking)
-$40,399
Est. remaining loan balance
-$427,236
Cash to seller
$37,355

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

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

September 2022

Original loan amount

$439,992

Est. remaining balance

$427,236

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Joseph Adam Tami and Lindsay Marie Tami

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: 09/19/2024 at 5:40 PM

Listing updated: 09/18/2024 at 10:02 AM

Listed by: Amy Mersman, FINE PROPERTIES Phone #: (941) 782-0000

MLS: StellarMLS #A4621375

StellarMLS logo

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