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$331,467Estimated home value

Beds
2
Baths
2.0
sq ft
1,285

3217 Salem Ave, Sarasota, FL 34232

3217 Salem Ave

SARASOTA, FL 34232

  • Sold On 11/22/2024
    • Price drop $3,000↓
This Key West style ranch home exudes coastal charm which features an open living/dining concept with recently renovated kitchen equiped with all the bells and whistle of NEW GE Appliances, Quartz counter tops and Island. solid ply soft close cabinetry and Krauss stainless steal sink. The metal roof adds both durability and a uniques architectural touch. This home is designed to withstand the elements while maintaining its stylish appeal. The property has an impressive 638sq.ft. two-car AIR CONDITIONED garage that is 29ft. deep x 22ft. wide, providing ample room for a workshope or a hobbyist's project. Need extra parking for a boat or RV?, this property has ample parking for your outdoor lifestyle. Large fenced in yard with 12x10 storage building to house all your gardening supplies. Recent Updates are 2023-2024 includes; NEW AC 2024 with WARRANTY, New vinyl flooring through out, New baseboards, Newly renovated Bath, new tub, toilet, tiled shower with luxury vinyl floor, New Paint inside and out and in the work shop, New recessed lighting, light fixtures and fans in living and dining (sunroom), New switches and recepticles, blinds, door handles and hinges, and Don't forget the OUTDOOR SHOWER to rinse off from a day at the beach.

Details

Property type

Single Family Residence

Est. home value

$331,467

Lot size

0.23 acres

Price per sq ft

$312

Year built

1960

Annual property taxes

$3,060.82

HOA

No

Price History

11/22/2024
StellarMLS

StellarMLS #A4623077

Sold
$385,000
-3.73%
10/16/2024
StellarMLS

StellarMLS #A4623077

Pending
$399,900
09/25/2024
StellarMLS

StellarMLS #A4623077

Price change
$399,900
-0.74%

Schools & Community

Neighborhood: 

Sarasota Springs

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$75,969
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$291,939
Cash to seller
$75,969

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

June 2023

Original loan amount

$297,415

Est. remaining balance

$291,939

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Isaac Cotter and Raeanna Cotter

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?

Status: Off Market

Tomo last checked: 01/15/2025 at 12:45 AM

Listing updated: 11/23/2024 at 2:02 AM

Listed by: Nary Setzer, PREFERRED SHORE LLC Phone #: (941) 999-1179

MLS: StellarMLS #A4623077

StellarMLS logo

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