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$735,000

Beds
3
Baths
3.0
sq ft
2,581

2110 Sylvan Lea Dr, Sarasota, FL 34240

2110 Sylvan Lea Dr

SARASOTA, FL 34240

  • 180 days on market
    • Price drop $30,000↓
MOTIVATED SELLERS. MAJOR PRICE IMPROVEMENT!! Enchanted Forest? Nottingham Forest? Does Robin Hood or Friar Tuck live here? Nope! This is The Woods at Sylvan Lea. Tucked away in an exclusive part of town, with winding roads, hundred year old large and mighty oak trees, Sylvan Lea is one of Sarasota’s finest and most unique neighborhoods. And say hello to this exceptional home in this exceptional community built by M/I Homes in 2019. It boasts 3 bedrooms, 3 full bathrooms, a flex room which can easily double as a home office or 4th bedroom, with a 3-car garage. And a privacy fence. The upgrades abound. First on the list is a Chef's kitchen with the biggest and most expansive kitchen island you have ever seen, easily the centerpiece of the home! Your friends and family will be ooooing and aahhing over the island so much, they will forget to eat the delicious meals you’ve laid on it. Other upgrades include plantation shutters in all windows including those of the bathrooms. A Dehart smart alarm system with sensors in all the windows and doors in the house. Garage doors that have a heat shield and noise dampener, keeping your garage cooler in July and August when it is hot. A brand new irrigation and sprinkler system, a custom-built hurricane-tested outdoor shed with 4 concrete anchored posts. A redone attic floor with a folding ladder built by the sellers for easier accessibility. Recently, the sellers laid new underground electric cables to the mailbox light, an upgrade the neighbors don't have. Everything has been done for you. Just move in and begin enjoying the enchanted life in this amazing community. Living in Sylvan Lea is like living in a fairy tale. The winding roads, lined by the grand old oak trees with the sun sprinkling through, creates a 'komorebi' effect and easily transports you to a different place in time. You can actually “take a walk in the woods" right in the city! I tell you, when people move into Sylvan Lea, they don’t easily move out because the community is exceptionally unique. You don’t believe me? I dare you to take a drive up and see for yourself! Some of the furniture is available for purchase but for the right offer, the seller is willing to include it, if desired.

Details

Property type

Single Family Residence

Est. home value

$786,396

Lot size

0.24 acres

Price per sq ft

$285

Year built

2019

Annual property taxes

$5,139

Monthly HOA fee

$50

Price History

09/11/2024
StellarMLS

StellarMLS #A4607977

Price change
$735,000
-3.92%
06/26/2024
StellarMLS

StellarMLS #A4607977

Price change
$765,000
-1.92%
06/08/2024
StellarMLS

StellarMLS #A4607977

Price change
$780,000
-4.29%

Schools & Community

Elementary school: 

Tatum Ridge Elementary

Middle school: 

McIntosh Middle

High school: 

Sarasota 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

$305,814
Asking price
$735,000
Closing costs (~8% of asking)
-$58,800
Est. remaining loan balance
-$370,386
Cash to seller
$305,814

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2021

Original loan amount

$449,000

Est. remaining balance

$370,386

Interest rate

2.15%

Loan type

New Conventional, 15 year

Seller

Katrina Raquel Davis and Dennis Arlen Davis Jr

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: 11/13/2024 at 10:15 PM

Listing updated: 10/06/2024 at 4:08 PM

Listed by: Millicent Schandorf-Lartey, NEXTHOME EXCELLENCE Phone #: (941) 893-4505

MLS: StellarMLS #A4607977

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