tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
1,578

3963 Palau Dr, Sarasota, FL 34241

3963 Palau Dr

SARASOTA, FL 34241

  • 45 days on market
    • Price drop $10,000↓
Delightful home is ready for new owners. This 3BR/2BA split plan offers tile and laminate throughout. NEW roof, new water heater, updated baths, and 3-year young stainless appliances. French doors from primary bedroom lead to back porch. The oversized 1 car garage offers a new garage door and a semi-finished area that could be converted to a nursery or reading room with door off the primary bedroom. The back yard is fabulous with oversized concrete patio, fire pit and wood fence. Close to I-75, shopping, banking, restaurants, Home Depot and more.

Details

Property type

Single Family Residence

Est. home value

$407,188

Lot size

9,804 sq ft

Price per sq ft

$270

Year built

1982

Annual property taxes

$2,329.65

Price History

09/05/2024
StellarMLS

StellarMLS #A4618057

Price change
$425,000
-2.3%
07/24/2024
StellarMLS

StellarMLS #A4618057

Listed
$435,000
+87.5%
04/27/2017
StellarMLS

StellarMLS #A4176325

Sold
$232,000

Schools & Community

Neighborhood: 

Lake Sarasota

Elementary school: 

Lakeview Elementary

Middle school: 

Sarasota Middle

High school: 

Sarasota High

Community features: 

Sidewalks

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

$195,727
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$195,273
Cash to seller
$195,727

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2017

Original loan amount

$227,797

Est. remaining balance

$195,273

Interest rate

4.21%

Loan type

FHA, 30 year

Seller

Nicholas Ferry and Melayne Messinger

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: 09/07/2024 at 6:55 AM

Listing updated: 09/05/2024 at 12:44 PM

Listed by: Paige Wellman, MICHAEL SAUNDERS & COMPANY Phone #: (941) 966-8000

MLS: StellarMLS #A4618057

StellarMLS logo

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