tomo logo

$425,000

Beds
2
Baths
2.0
sq ft
1,568

294 Hidden Bay Dr Unit 103, Osprey, FL 34229

294 Hidden Bay Dr Unit 103

OSPREY, FL 34229

  • 11 days on market
First-floor end-unit with hurricane-rated windows and lots of natural light, in the gated community of Hidden Bay that sits on the shores of Little Sarasota Bay. This unit includes a one-car garage, a screened lanai, two spacious bedrooms, two full baths, and a separate office and den. You'll find high ceilings, new luxury vinyl flooring throughout most of the unit, new air-conditioning system, a 2021 water heater, new plumbing fixtures in the bath, Corian countertops and an open-concept kitchen for entertaining. The development has a renovated clubhouse that features a full kitchen and granite top bar, a wood-paneled and fully stocked reader's library, a professional fitness room, an entertainment and media area, and dining room for dinner or cards. The owners put together lots of social events throughout the year. There's a heated pool and spa with expansive sundeck, grilling stations, two lit pickleball courts, a tennis court, kayak launch, carwash area and a 500-yard elevated wooden boardwalk that meanders through lush mangrove and palm fields, and a handsome fishing pier that provides breathtaking sunsets and excellent fishing. This is a unique 12-acre waterfront resort-style community.

Details

Property type

Condominium

Est. home value

$419,642

Lot size

Unknown

Price per sq ft

$272

Year built

2001

Annual property taxes

$4,614

HOA

Yes

Price History

10/25/2024
StellarMLS

StellarMLS #A4626791

Listed
$425,000
+14.25%
04/05/2022
StellarMLS

StellarMLS #N6119375

Sold
$372,000

Schools & Community

Elementary school: 

Laurel Nokomis Elementary

Middle school: 

Sarasota Middle

High school: 

Venice Senior High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Racquetball, Tennis Court(s)

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

$125,280
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$265,720
Cash to seller
$125,280

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

April 2022

Original loan amount

$279,000

Est. remaining balance

$265,720

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

David S Peters and Joan C Peters

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: 11/05/2024 at 6:25 AM

Listing updated: 10/28/2024 at 11:48 AM

Listed by: Thomas Netzel, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 364-4000

MLS: StellarMLS #A4626791

StellarMLS logo

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