tomo logo

$724,900

Beds
4
Baths
2.5
sq ft
1,888

1940 Rain Forest Trl, Sarasota, FL 34240

1940 Rain Forest Trl

SARASOTA, FL 34240

  • 102 days on market
    • Price drop $25,100↓
Welcome to Your Dream Home at 1940 Rain Forest Trail, Sarasota! Nestled in the heart of one of Sarasota's most enchanting neighborhoods, this stunning, fully remodeled residence at 1940 Rain Forest Trail invites you to experience luxury living at its finest. This exquisite home seamlessly blends contemporary elegance with timeless charm, creating a sanctuary that you’ll be proud to call your own. This 1888 sq. ft home boasts 4 beds and 2.5 baths with one of the most stunning backyards you will ever see. This home has a charm you feel as you take your first steps through the front door walking into this completely upgraded residence. Throughout the home you will see brand new engineered hardwood floors along with brand new upgraded bathrooms, bedrooms, living space, and a completely new kitchen! Throughout the house you have French doors to open to your stunning pool, as well as a balcony to look down on your amazing view. Located in a quiet, tree-lined neighborhood, 1940 Rain Forest Trail offers the perfect blend of peace and convenience. You'll enjoy easy access to Sarasota's renowned beaches (15 minutes away), top-rated schools, shopping, dining, and cultural attractions. Approximately 1 and 1/2 miles to Celery Fields and Big Cat Habitat. About 3 miles to the new Publix "Fruitville Farms" shopping plaza and Sarasota County Library. Two and a half miles to the Tatum Ridge Elementary School. Five minutes to I-75 at Fruitville or Bee Ridge. This community is known for its friendly neighbors and a strong sense of community, making it an ideal place to raise a family or enjoy a peaceful, laid-back lifestyle. Book your showing today, you won't want to miss this once in a lifetime property!

Details

Property type

Single Family Residence

Est. home value

$588,465

Lot size

0.28 acres

Price per sq ft

$384

Year built

1983

Annual property taxes

$2,480.24

Monthly HOA fee

$50

Price History

07/09/2024
StellarMLS

StellarMLS #A4613083

Price change
$724,900
-3.35%
06/08/2024
StellarMLS

StellarMLS #A4613083

Listed
$750,000
+203.64%
05/13/2011
StellarMLS

StellarMLS #A3934271

Sold
$247,000

Schools & Community

Elementary school: 

Tatum Ridge Elementary

Middle school: 

McIntosh Middle

High school: 

Sarasota 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

Freedom Mortgage Corp

Loan start date

January 2023

Original loan amount

$7,694

Est. remaining balance

$7,459

Interest rate

6.49%

Loan type

FHA, 24 year

Seller

Howard L Katz

Lender

Freedom Mortgage Corp

Loan start date

September 2021

Original loan amount

$13,766

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

Stand Alone Second, 26 year

Seller

Howard L Katz

Lender

Freedom Mortgage Corp

Loan start date

November 2020

Original loan amount

$275,519

Est. remaining balance

$248,238

Interest rate

2.9%

Loan type

FHA, 27 year

Seller

Howard L Katz

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: 09/18/2024 at 7:50 PM

Listing updated: 09/17/2024 at 11:38 AM

Listed by: Aiden Hackney, VETERANS REALTY INC. Phone #: (941) 730-3605

MLS: StellarMLS #A4613083

StellarMLS logo

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