tomo logo

$500,000

Beds
3
Baths
2.0
sq ft
1,501

2420 Foster Ln, Sarasota, FL 34239

2420 Foster Ln

SARASOTA, FL 34239

  • 50 days on market
    • Price drop $25,000↓
Welcome to this delightful single-family home nestled in one of the most sought out neighborhoods of South Gate. Located just minutes away to downtown Sarasota, the soft white sands of Siesta beach, and top rated Sarasota Memorial, this is a home that should not be overlooked. Spanning just over 1,500 square feet, this residence offers a perfect blend of comfort and convenience with 3 spacious bedrooms and 2 full bathrooms. Have peace of mind with a newer HVAC installed in 2019 and recently installed impact windows. Just shy of a quarter of an acre, there is plenty of room for backyard barbecues or social gatherings. All of this provides you with endless possibilities for outdoor living, gardening, or creating your own private oasis. Enjoy all South Gate has to offer with its Olympic size pool and its other great amenities. All of this with an optional and minimal HOA fee! Don't miss this opportunity to own a piece of paradise in one of Sarasota's most sought-after communities and don't forget to tell all your friends, "I live where you vacation!"

Details

Property type

Single Family Residence

Est. home value

$506,169

Lot size

9,000 sq ft

Price per sq ft

$334

Year built

1956

Annual property taxes

$2,170.82

Monthly HOA fee

$8.33

Price History

10/03/2024
StellarMLS

StellarMLS #A4619943

Price change
$500,000
-4.76%
09/09/2024
StellarMLS

StellarMLS #A4619943

Price change
$525,000
-4.55%
08/16/2024
StellarMLS

StellarMLS #A4619943

Listed
$550,000
+284.62%

Schools & Community

Neighborhood: 

Southgate

Elementary school: 

Southside Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Clubhouse, Pool

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

Bank Of England

Loan start date

December 2020

Original loan amount

$477,000

Est. remaining balance

Not provided

Interest rate

2.61%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 85 year

Seller

Pamela Mccann

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: 10/04/2024 at 10:20 PM

Listing updated: 10/03/2024 at 9:44 AM

Listed by: Max Mann, MICHAEL SAUNDERS & COMPANY Phone #: (941) 951-6660

MLS: StellarMLS #A4619943

StellarMLS logo

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