tomo logo

$425,000

Beds
2
Baths
2.5
sq ft
1,432

4003 Velarde Ln, Sarasota, FL 34235

4003 Velarde Ln

SARASOTA, FL 34235

  • 12 days on market
    • Price drop $10,000↓
LOCATION, LOCATION, LOCATION! This well built home sits on a fully fenced oversized corner lot, with space for RV/boat/trailer parking, within the De Soto Lakes community! The home features a 2 car attached garage, open layout, in-ground pool, huge lanai, and more! Some of the recent upgrades include kitchen appliances 2023, HVAC 2021, HVAC UV light 2023, pool pump 2024, pool filter 2023, and vinyl fence 2023!! Be assured this is a great property with no flooding or major damage after the recent storms! Love where you live being less than 3 miles from the UTC District, easy access to 75 and 301, 9 miles to St Armands Circle, 4.5 miles to Sarasota/Bradenton International Airport, 3 miles to Publix/Walmart, and SO MUCH MORE!

Details

Property type

Single Family Residence

Est. home value

$417,283

Lot size

9,289 sq ft

Price per sq ft

$297

Year built

1981

Annual property taxes

$3,938.46

HOA

No

Price History

10/31/2024
StellarMLS

StellarMLS #A4626278

Price change
$425,000
-2.3%
10/24/2024
StellarMLS

StellarMLS #A4626278

Listed
$435,000
+26.09%
10/12/2021
StellarMLS

StellarMLS #A4510467

Sold
$345,000
+45.26%

Schools & Community

Neighborhood: 

Desoto Lakes

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

$84,843
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$306,157
Cash to seller
$84,843

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

Seller’s Loan History

Lender

The Federal Savings Bank

Loan start date

October 2021

Original loan amount

$327,750

Est. remaining balance

$306,157

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Jennifer Lynn Arrant

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: 11/05/2024 at 1:45 AM

Listing updated: 11/02/2024 at 2:36 PM

Listed by: Brent Martin, MARCUS & COMPANY REALTY Phone #: (941) 932-8550

MLS: StellarMLS #A4626278

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