tomo logo

$475,000

Beds
2
Baths
2.0
sq ft
896

3221 Arch Way, Sarasota, FL 34232

3221 Arch Way

SARASOTA, FL 34232

  • 246 days on market
    • Price drop $25,000↓
Home Sweet Home, this beautiful paver patio and private pool is Florida Living at it's finest... New pavers on the pool deck and pool resurfaced. New pool pump. New AC 2022. New HVAC ducts and new blown-in insulation. New water heater. It's only 0.7 miles to the grocery store, shopping, and restaurants, 5.4 miles to Downtown Sarasota, 8 miles to 2023's #2 beach in America, Siesta Key Beach! Sliders from the kitchen and primary bedroom out to the pool, a serving window from the kitchen to pool and Tile floors through out the entire home! Updated bathrooms, this home is move in ready and would make a perfect Florida home, vacation home, or investment property.

Details

Property type

Single Family Residence

Est. home value

$371,131

Lot size

7,728 sq ft

Price per sq ft

$531

Year built

1978

Annual property taxes

$3,980

HOA

No

Price History

06/13/2024
StellarMLS

StellarMLS #N6131605

Price change
$475,000
-5%
05/15/2024
StellarMLS

StellarMLS #N6131605

Price change
$500,000
-4.76%
03/04/2024
StellarMLS

StellarMLS #N6131605

Listed
$525,000
+54.41%

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

$203,617
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$233,383
Cash to seller
$203,617

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

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

December 2022

Original loan amount

$238,000

Est. remaining balance

$233,383

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

Logan J Hatfield

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?

Similar Homes Nearby

Price drop
StellarMLS
$475,000
2 bd
|
2 ba
|
1,284 sq ft
|
House

1544 Palmwood Dr, Sarasota, FL 34232

StellarMLS
$440,000
2 bd
|
2 ba
|
1,243 sq ft
|
House

1840 Springwood Dr, Sarasota, FL 34232

Price drop
StellarMLS
$449,000
2 bd
|
2 ba
|
1,458 sq ft
|
House

4964 Live Oak Dr, Sarasota, FL 34232

Status: Active

Tomo last checked: 11/05/2024 at 2:40 PM

Listing updated: 10/02/2024 at 2:47 PM

Listed by: Andrew Pepper, PLLC, KELLER WILLIAMS ON THE WATER S Phone #: (941) 803-7522

MLS: StellarMLS #N6131605

StellarMLS logo

Recently listed in SARASOTA