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$402,072Estimated home value

Beds
2
Baths
2.0
sq ft
1,432

20520 Galileo Pl, Venice, FL 34293

20520 Galileo Pl

VENICE, FL 34293

  • Off market
    • Price drop $4,000↓
Listing Description Not in a Flood Zone! Enjoy Peace of Mind and Lower Ownership Costs! Discover the charm of coastal living in this beautiful 2-bedroom, 2-bathroom villa with a flex room, located in the exclusive Renaissance at Wellen Park, Venice, FL. This gated community offers an unparalleled lifestyle with resort-style amenities and a vibrant community atmosphere. Key Features: Priced to Sell: This villa is listed $15,000 below the estimated value, offering exceptional value for potential buyers. Spacious Living: This villa boasts 2 well-appointed bedrooms, 2 modern bathrooms, and a versatile flex room perfect for an office, den, or guest space. Amenities Galore: Enjoy access to a resort-style pool, hot tub spa, fully equipped gym, bocce ball courts, tennis courts, pickleball courts, playgrounds, nature trails, and a clubhouse with a lifestyle director who organizes daily activities for residents. Low HOA Fees: With an HOA fee of only $260/month, you'll benefit from all exterior maintenance, roof insurance, and full use of the community amenities. Prime Location: Wellen Park is a thriving community with an array of restaurants, a brand-new Costco, and the popular Cool Today Park nearby. The beautiful beaches are just 15 minutes away, and you can reach the UTC in Sarasota in 25 minutes. Cost-Effective Living: This property is not in a flood zone, eliminating the need for costly flood insurance and reducing your overall cost of ownership. EV Ready: The garage features a built-in EV charger, perfect for electric vehicle owners. Experience the best of Florida living in this exquisite villa, where convenience, luxury, and a vibrant community come together. Don’t miss the chance to make this your new home!

Details

Property type

Est. home value

$402,072

Lot size

4,563 sq ft

Price per sq ft

$269

Year built

2022

Annual property taxes

$7,055

Monthly HOA fee

$260

Price History

09/08/2024
StellarMLS

StellarMLS #O6220067

Removed
$385,000
08/15/2024
StellarMLS

StellarMLS #O6220067

Price change
$385,000
-1.03%
07/04/2024
StellarMLS

StellarMLS #O6220067

Listed
$389,000
-4.89%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

-$19,491
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$373,691
Cash to seller
-$19,491

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

Seller’s Loan History

Lender

Xpert Home Lending Inc

Loan start date

April 2023

Original loan amount

$380,000

Est. remaining balance

$373,691

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Shad Watson and Hannah Watson

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?

Status: Off Market

Tomo last checked: 10/04/2024 at 9:45 PM

Listing updated: 09/01/2024 at 6:09 PM

Listed by: Steven Koleno, BEYCOME OF FLORIDA LLC Phone #: (804) 656-5007

MLS: StellarMLS #O6220067

StellarMLS logo

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