tomo logo

$399,900

Beds
3
Baths
2.5
sq ft
1,673

1500 Romallo Ln, Sarasota, FL 34232

1500 Romallo Ln

SARASOTA, FL 34232

  • 33 days on market
    • Price drop $10,100↓
REDUCED! UNBEATABLE VALUE for this beautiful end unit. Sellers are moving North to be with family and a new grandbaby on the way. There is nothing you need to do with this 3 bedroom, 2.5 bath, oversized 1 car garage home. The paver driveway has space for an additional 2 cars. Everything is done for you. There is ceramic tile on the lower level and wood look ceramic tile upstairs. No rugs!! The kitchen has been wonderfully remodeled for you, as has the master bath. This beauty has plantation shutters, stainless appliances, double oven, alarm system, central vac, hurricane shutters, never ending closet space, extra storage overhead shelves in the garage, very low HOA dues, a/c and hot water replaced in 2018. This is a DiVosta home which means it is steel reinforced, poured concrete with PGT insulated windows which makes the home very energy efficient and solid! No noise from outside or neighbors. Enjoy a cup of coffee in the morning with the sun rising in the east and a lovely place to enjoy a cocktail when the sun sets. Your balconies overlook the park-like lake and community pool. As if all this were not enough, you are minutes to all the restaurants and shops at UTC, less than 2 miles to the interstate and 15 minutes to downtown Sarasota.

Details

Property type

Single Family Residence

Est. home value

$410,837

Lot size

2,332 sq ft

Price per sq ft

$240

Year built

2005

Annual property taxes

$2,568

Monthly HOA fee

$221.67

Price History

03/19/2025
StellarMLS

StellarMLS #A4640968

Price change
$399,900
-2.46%
03/09/2025
StellarMLS

StellarMLS #A4640968

Price change
$410,000
-2.36%
02/20/2025
StellarMLS

StellarMLS #A4640968

Listed
$419,900
+72.44%

Schools & Community

Neighborhood: 

Fruitville

Elementary school: 

Gocio Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Senior community center: 

Yes

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

$200,411
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$167,497
Cash to seller
$200,411

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

March 2021

Original loan amount

$219,000

Est. remaining balance

$167,497

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

Steven Holzer and Elizabeth Holzer

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: 03/26/2025 at 7:45 AM

Listing updated: 03/22/2025 at 1:11 PM

Listed by: Kate Vieira, FINE PROPERTIES Phone #: (941) 782-0000

MLS: StellarMLS #A4640968

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