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$500,000

Beds
4
Baths
3.0
sq ft
2,480

4607 Masefield Pl, Sarasota, FL 34241

4607 Masefield Pl

SARASOTA, FL 34241

  • 168 days on market
    • Price drop $49,940↓
Wow! New price, Seller says to sell it now! At it's previous price of $549,950 it was the lowest $ per sq ft of any Active, Sold or Pending listing in Bent Tree ($222 per sq ft). Now...it is just $202 per sq ft! This will be by far the best value sold in Bent Tree Village in years. Bent Tree is a beautiful collection of homes and a neighborhood filled with trees, wide streets and a golf course. Located nearby shopping, gulf beaches, excellent schools, and minutes to downtown Sarasota. Easy access provded by I-75, Lakewood Ranch Blvd and soon, Bee Ridge extension...all will take you North or South to avoid traffic. Add your own look to this very popular floor plan. Ask your favorite loan officer about renovation loans if needed. This home has an excellent position for built in equity with some updating. The home features a formal living, formal dining, and a family room off the kitchen with vaulted ceilings and charming wood beams...reminiscent of California Contemporary archicture. The screened lanai has a pool and spa (recently resurfaced), and plenty of covered area to sit in the shade. Priced and primed for a refresh...but many major items have been done. Stainless appliance, granite counters, and durable porcelain Twood plank tile (Tile that looks like wood). The large primary suite has dual vanities and a walk in closet. On the back of the home, an in-law apartment...perfect for privacy or to rent if you like. Needs include roof, 3 bathrooms to update, some floor (there is wood look tile in the kitchen, halls, entry and formal living area...see photos), and a pool heater, perhapss some landscape. Be sure to stop by the clubhouse at the end of Bent Tree Blvd if you are a golfer. The course is fun to play and has great rates. Call today to schedule a private showing and be prepared to purchase this deal.

Details

Property type

Single Family Residence

Est. home value

$569,196

Lot size

9,918 sq ft

Price per sq ft

$202

Year built

1979

Annual property taxes

$4,512.96

Monthly HOA fee

$25

Price History

12/04/2024
StellarMLS

StellarMLS #A4616286

Price change
$500,000
-9.08%
09/30/2024
StellarMLS

StellarMLS #A4616286

Price change
$549,940
-7.57%
07/07/2024
StellarMLS

StellarMLS #A4616286

Listed
$595,000
+88.89%

Schools & Community

Elementary school: 

Lakeview Elementary

Middle school: 

Sarasota 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

$107,564
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$352,436
Cash to seller
$107,564

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

November 2021

Original loan amount

$376,800

Est. remaining balance

$352,436

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Melissa M Ciavolino and Albert R Ciavolino

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: 12/22/2024 at 2:10 PM

Listing updated: 12/18/2024 at 7:48 PM

Listed by: Cor Donovan, PREFERRED SHORE LLC Phone #: (941) 999-1179

MLS: StellarMLS #A4616286

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