tomo logo

$189,900

Beds
2
Baths
1.5
sq ft
1,072

4805 Rilma Ave Unit 107, Sarasota, FL 34234

4805 Rilma Ave Unit 107

SARASOTA, FL 34234

  • 10 days on market
Welcome home to this two-bedroom one-and-a-half-bath townhome in North Sarasota. Summer Lakes is a small complex with plenty of green space, a pond, a community pool, and a clubhouse. Close to downtown, Sarasota-Bradenton Airport, The Ringling Museum, and UTC. This two-story townhome is just over 1,000 square feet and has a family room, kitchen, powder room and dining room (with sliders leading to the back porch) downstairs and two bedrooms and a bath upstairs. With new LVP flooring upstairs, newer windows and sliders throughout, this home is move-in ready. This townhome is affordable and great for investors, Ringling and new college students, new homebuyers and even snowbirds.

Details

Property type

Townhouse

Est. home value

$346,840

Lot size

Unknown

Price per sq ft

$178

Year built

1974

Annual property taxes

$654

HOA fee

$550

Price History

06/21/2024
StellarMLS

StellarMLS #A4614582

Listed
$189,900
+8.51%
05/15/2023
StellarMLS

StellarMLS #A4555049

Sold
$175,000

Schools & Community

Neighborhood: 

Bayou Oaks

Elementary school: 

Emma E. Booker Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Clubhouse, Pool

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

-$62,334
Asking price
$189,900
Closing costs (~8% of asking)
-$15,192
Est. remaining loan balance
-$237,042
Cash to seller
-$62,334

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

Seller’s Loan History

Lender

Provident Funding Associates Lp

Loan start date

May 2023

Original loan amount

$240,000

Est. remaining balance

$237,042

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Mary Ann Whallen and Anita L Willets

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: 07/01/2024 at 11:15 AM

Listing updated: 06/24/2024 at 8:20 PM

Listed by: Jennifer Garrabrant, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 907-9541

MLS: StellarMLS #A4614582

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