tomo logo

$579,000

Beds
3
Baths
2.0
sq ft
1,144

1686 Chapline Ln, Sarasota, FL 34231

1686 Chapline Ln

SARASOTA, FL 34231

  • 418 days on market
    • Price drop $10,000↓
Florida Style Bungalow with Steel Roof and Bermuda Shutters that performed very well during the past storms. Location, Location, Location - most will agree that these are the first 3 rules in Real Estate... West of the Trail. Walk to the Beach from Bay View Acres, where you can enjoy friendly neighborhood living with NO HOA fees! Use this beautiful home as an investment, or fulfill your dream of living in a cottage by the sea today! This 3 bedroom/2 bath home features at its heart a thoughtfully updated gourmet Kitchen completed in the Summer of 2023... as well as having the feel of old Florida, including Terrazzo flooring, screened front and back lanais, and a super short distance to Siesta Key while including upgrades such as brand new Glass-front appliances, a disposal, and an oven that practically does it FOR you (proofs bread, broils, dehydrates, and has an air fryer!). The fully fenced, spacious yard, located in the bird sanctuary of Bayview Acres has ceiling fans in each of the bedrooms, impact slider to the huge rear lanai that includes a shade-out blind, the elusive SPLIT floorplan, and a storage shed for all those items we can't do without. The kitchen, heart of the home, showcases the appliances and workspace with gorgeous sea-blue glass subway tile backsplash and a granite composite sink which doesn't show splashes. This corner lot with custom fencing will make the perfect, primary residence, second home or investment property. You Can Live Anywhere - Let Me Show You Where!! Come HOME to 1686 Chapline Lane! This home had no flooding issues over recent storms...

Details

Property type

Single Family Residence

Est. home value

$491,383

Lot size

0.23 acres

Price per sq ft

$507

Year built

1963

Annual property taxes

$3,800.08

HOA

No

Price History

09/01/2024
StellarMLS

StellarMLS #A4587498

Listed
$579,000
08/16/2024
StellarMLS

StellarMLS #A4587498

Removed
$579,000
07/08/2024
StellarMLS

StellarMLS #A4587498

Listed
$579,000

Schools & Community

Elementary school: 

Gulf Gate Elementary

Middle school: 

Brookside Middle

High school: 

Riverview High

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

$171,965
Asking price
$579,000
Closing costs (~8% of asking)
-$46,320
Est. remaining loan balance
-$360,715
Cash to seller
$171,965

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

Seller’s Loan History

Lender

Acre Mortgage & Financial Inc

Loan start date

August 2022

Original loan amount

$386,100

Est. remaining balance

$360,715

Interest rate

5.51%

Loan type

New Conventional, 20 year

Seller

Jeffery L Wortman and Teresa A Wortman

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: 12/22/2024 at 12:30 PM

Listing updated: 11/22/2024 at 8:57 AM

Listed by: Robert D. Bevington, SHOWTIME REALTY Phone #: (941) 822-0890

MLS: StellarMLS #A4587498

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