tomo logo

$275,000

Beds
3
Baths
2.0
sq ft
1,022

4951 Bell Meade Dr, Sarasota, FL 34232

4951 Bell Meade Dr

SARASOTA, FL 34232

  • 9 days on market
Attention investors and DIY enthusiasts! This 3-bedroom, 2-bathroom, one-story fixer-upper is a fantastic opportunity with loads of potential. Built with stucco over concrete block, the home offers a sturdy foundation, and with a bit of vision, it could be transformed into something incredible. The updated kitchen, featuring attractive granite countertops, is already a highlight, while the cozy wood-burning fireplace adds character and charm to the living space. Sure, there are some projects to tackle—like a roof with a few leaks (but it’s a metal roof, replaced in 2014), and the pool currently resembles more of a pond than an oasis—but with some effort, it could be your backyard paradise! Plus, the 3-ton HVAC system was updated in 2019, so you’ll stay cool while you work on the rest. Whether you’re flipping for profit or seeking a rewarding project to call home, this house is bursting with potential. Ready to dive in and make it shine? Let’s get started! **Multiple Offers~ All offers due by Monday 1/21 at noon**

Details

Property type

Single Family Residence

Est. home value

$386,303

Lot size

8,450 sq ft

Price per sq ft

$270

Year built

1966

Annual property taxes

$3,471

HOA

No

Price History

01/13/2025
StellarMLS

StellarMLS #A4632141

Listed
$275,000
+64.67%
07/21/2014
StellarMLS

StellarMLS #A3998678

Sold
$167,000
+103.66%
04/18/2014
StellarMLS

StellarMLS #A3989046

Sold
$82,000

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

$149,040
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$103,960
Cash to seller
$149,040

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

July 2014

Original loan amount

$133,600

Est. remaining balance

$103,960

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Linda A Kappes

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: 01/21/2025 at 8:05 PM

Listing updated: 01/21/2025 at 8:56 AM

Listed by: Michele Tanner, PREFERRED SHORE LLC Phone #: (941) 999-1179

MLS: StellarMLS #A4632141

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