tomo logo

$1,150,000

Beds
4
Baths
4.5
sq ft
2,020

1655 Memory Ln, Sarasota, FL 34231

1655 Memory Ln

SARASOTA, FL 34231

  • 116 days on market
    • Price drop $25,000↓
Discover the perfect blend of relaxation and opportunity in this recently updated and meticulously maintained coastal home, ideally suited as a beach getaway, lucrative Airbnb rental, or a full-time residence with the potential for rental income. Nestled just west of Stickney Point Bridge, this property offers unparalleled convenience, allowing you to walk or bike to Siesta Key’s world-famous beaches while being close to all mainland amenities for shopping, dining, and entertainment. Spacious house with separate upstairs apartment. The main home welcomes you with an open-plan great room, three bedrooms, three and half bathrooms, and a versatile den/office, currently furnished as a 4th bedroom. This home caters to both comfort and functionality. The glass-enclosed Florida room opens on two sides to the expansive pool and sun deck, creating a seamless indoor-outdoor living space. The garage features laundry facilities and ample storage for bicycles, pool, and beach toys, keeping everything you need within easy reach. To the rear of the house, a private staircase leads to a charming upstairs apartment. This light-filled retreat boasts a balcony, terrace and a spiral staircase that connects directly to the pool area. The L-shaped pool, set within a travertine deck, is a tropical oasis, and offers something for everyone —from a spirited game of volleyball to relaxing on the sun shelf. There’s ample space for outdoor dining or cozying up by the firepit on cooler evenings. If the poolside heat becomes too much, retreat to the shady backyard for a refreshing escape. Literally bring your suitcase and move right in to start enjoying a relaxed Florida lifestyle and rental income if so desired. Recent improvements to this attractive home include new roof and interior paint (2023), exterior paint (2022). Rental income information available. Whether you envision a tranquil beach escape, a profitable rental venture, or a delightful full-time residence with added income potential, this home provides the ideal canvas to make your dreams a reality. Don’t delay, schedule a showing today.

Details

Property type

Single Family Residence

Est. home value

$796,310

Lot size

0.23 acres

Price per sq ft

$570

Year built

1957

Annual property taxes

$7,693

HOA

No

Price History

12/10/2024
StellarMLS

StellarMLS #A4620892

Price change
$1,150,000
-2.13%
10/29/2024
StellarMLS

StellarMLS #A4620892

Listed
$1,175,000
09/07/2024
StellarMLS

StellarMLS #A4620892

Pending
$1,175,000

Schools & Community

Elementary school: 

Gulf Gate Elementary

Middle school: 

Brookside Middle

High school: 

Riverview High

Seller’s Loan History

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

Lender

Allied Home Mortgage Capital

Loan start date

December 2002

Original loan amount

$99,800

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

New Conventional

Seller

Janice Thompson

Lender

Wachovia Bank Na

Loan start date

August 2002

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.54%

Loan type

New Conventional

Seller

Janice L Thompson

Lender

P H H Mtg Svc Corp

Loan start date

December 1996

Original loan amount

$91,000

Est. remaining balance

Not provided

Interest rate

7.67%

Loan type

Not Provided

Seller

Janice L Thompson and Robert D Wilson

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: 12/23/2024 at 8:05 PM

Listing updated: 12/10/2024 at 11:30 AM

Listed by: Carla Rayman Kidd, PL, COLDWELL BANKER REALTY Phone #: (941) 388-3966

MLS: StellarMLS #A4620892

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