tomo logo

$620,000

Beds
5
Baths
4.5
sq ft
2,220

3003 Bay St, Sarasota, FL 34237

3003 Bay St

SARASOTA, FL 34237

  • 128 days on market
    • Price drop $10,000↓
Prepare to be amazed by this completely renovated two-story residence, accompanied by a detached guest house. Nestled in the heart of Sarasota, this home exudes charm and functionality. Situated on a spacious corner lot, with plenty of room for a pool, the professionally redesigned landscaping and new fence are sure to please as well. Featuring 4 bedrooms and 3-1/2 baths, the main home provides ample space while maintaining a warm and inviting atmosphere. The first level of the main home showcases a generously sized bedroom with an ensuite and separate entrance. Upstairs, you will find 3 additional bedrooms, including another primary bedroom option with ensuite. The separate guest house includes an extra 1 bedroom and 1 full bath, ideal for accommodating guests, in-laws, or serving as an office or flex space. Located within city limits, the rental possibilities and configurations are endless with this versatile floorplan and property. A fully enclosed Florida room (excluded from square footage) awaits at the rear of the home and provides a perfect spot for relaxation or opportunity for expansion. The family room is adorned with exquisite wood ceilings, adding character to the space. The updated kitchen boasts solid wood cabinets, soft-close drawers, granite countertops, and stainless-steel appliances, ensuring both style and functionality. With the peace of mind afforded by a newer roof (replaced in 2017) and two A/C units, comfort and convenience are paramount. This stunning residence is conveniently located near Pinecraft, Locklear Park, Bayfront Park, and Legacy Trail, with Lido Beach and Siesta Key just a short drive away. Experience the epitome of Sarasota living in this remarkable home.

Details

Property type

Single Family Residence

Est. home value

$600,733

Lot size

9,315 sq ft

Price per sq ft

$280

Year built

1959

Annual property taxes

$3,507.62

Price History

06/18/2024
StellarMLS

StellarMLS #N6131354

Price change
$620,000
-1.59%
05/23/2024
StellarMLS

StellarMLS #N6131354

Price change
$630,000
-3.08%
04/22/2024
StellarMLS

StellarMLS #N6131354

Price change
$650,000
-2.99%

Schools & Community

Neighborhood: 

Bellevue Terrace

Elementary school: 

Alta Vista Elementary

Middle school: 

Brookside 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

$204,876
Asking price
$620,000
Closing costs (~8% of asking)
-$49,600
Est. remaining loan balance
-$365,524
Cash to seller
$204,876

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

May 2022

Original loan amount

$378,750

Est. remaining balance

$365,524

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Miranda C Barsch and Randall C Barsch

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: 07/03/2024 at 10:50 AM

Listing updated: 06/25/2024 at 11:42 AM

Listed by: Magda Cetta Whelton, ENGEL & VOELKERS VENICE DOWNTOWN Phone #: (941) 388-9800

MLS: StellarMLS #N6131354

StellarMLS logo

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