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$359,000

Beds
2
Baths
2.0
sq ft
1,136

3000 Arch Dr, Sarasota, FL 34232

3000 Arch Dr

SARASOTA, FL 34232

  • Pending
    • Price drop $20,900↓
Under contract-accepting backup offers. BACK ON THE MARKET! BUYER LOST HIS JOB - THAT'S WHY IT'S BACK ON THE MARKET - NOTHING TO DO WITH THE HOME. GREAT PRICE TO BUY THIS HOME WITH IMMEDIATE EQUITY!!!!! Don’t miss seeing this updated Sarasota Springs single family home. Originated in the late 1880’s this community has easy access to some of the world’s best beaches, shopping, restaurants, and I-75. The home was completely updated in 2020 with light tile floors consistent throughout the entire house, a new fence, a new roof and the galley kitchen with new cabinets and granite countertops with an undermount sink. All appliances were updated in the remodel. They are stainless steel, and the side-by-side refrigerator has ice and water access. There’s a private screened entry directly into the large living room. Two sliding glass doors provide access to the large, screened lanai at the back of the house. The main bath has the ample original tub and tile with an updated vanity and sink. The ample 2nd bedroom has a large closet and linen closet. At the other end of the house is the primary suite with a large walk-in closet. The shower also has the sought after original tile. The septic system was replaced by connection to the central sewer in 2019. In 2021 the drainage sewer lines for the kitchen and main bath were replaced and the water heater and A/C were replaced in 2023. A new front door and hardware are on the way and will be installed soon. For leasing restrictions, please check with the County of Sarasota for any Rules & Restrictions on long-term and short-term (e.g., Airbnb) leasing.

Details

Property type

Single Family Residence

Est. home value

$378,783

Lot size

7,560 sq ft

Price per sq ft

$317

Year built

1974

Annual property taxes

$2,786.58

Price History

07/02/2024
StellarMLS

StellarMLS #A4612489

Pending
$359,000
06/24/2024
StellarMLS

StellarMLS #A4612489

Listed
$359,000
06/22/2024
StellarMLS

StellarMLS #A4612489

Pending
$359,000

Schools & Community

Neighborhood: 

Sarasota Springs

Elementary school: 

Brentwood 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

$185,877
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$144,403
Cash to seller
$185,877

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

July 2020

Original loan amount

$157,500

Est. remaining balance

$144,403

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Carla Lorraine Nelson and Arden D Nelson

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: Pending/Under Contract

Tomo last checked: 07/03/2024 at 11:05 AM

Listing updated: 07/02/2024 at 3:27 PM

Listed by: Sheryl Gregg, SARASOTA BAY REALTY INC Phone #: (941) 356-4872

MLS: StellarMLS #A4612489

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