tomo logo

$275,000

Beds
2
Baths
2.0
sq ft
962

5072 Vinson Way, Sarasota, FL 34232

5072 Vinson Way

SARASOTA, FL 34232

  • <1 day on market
Discover a charming Florida gem that perfectly balances comfort with potential. This well-maintained home features two bedrooms and two bathrooms, including an ensuite in the primary bedroom for added privacy and convenience. The thoughtfully designed open floor plan creates a welcoming atmosphere that seamlessly connects living spaces. A standout feature is the converted garage, offering incredible flexibility as a home office, workout space, or creative studio. Or with just a little work you can easily make the garage door functional again and convert back to a one car garage. The possibilities are limited only by your imagination! Step outside to find a true outdoor oasis - a generous fully fenced backyard that provides both security and serenity. The covered and screened lanai, accessible through sliding glass doors, creates the perfect setting for year-round outdoor living and entertaining. Located in a family-friendly neighborhood, this property sits just minutes from Colonial Oaks Park, offering recreational activities and green spaces for outdoor enjoyment. Public transportation is easily accessible via the nearby Cattlemen Transit Station, making commuting a breeze. For investors, this property presents exciting opportunities. Its desirable location and layout make it an attractive option for the rental market, while various areas of the home offer renovation potential to increase value. Whether you're a first-time homebuyer, looking to downsize, or seeking an investment property, this home offers tremendous value at an approachable price point.

Details

Property type

Single Family Residence

Est. home value

$306,144

Lot size

7,875 sq ft

Price per sq ft

$286

Year built

1977

Annual property taxes

$2,527.52

HOA

No

Price History

03/09/2025
StellarMLS

StellarMLS #A4643297

Listed
$275,000
+66.67%
05/22/2007
StellarMLS

StellarMLS #A347250

Sold
$165,000

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

$149,895
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$103,105
Cash to seller
$149,895

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

May 2007

Original loan amount

$164,000

Est. remaining balance

$103,105

Interest rate

6.17%

Loan type

Not Provided, 30 year

Seller

Ryan S Rittle and Margarita D Rittle

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?

Status: Active

Tomo last checked: 03/09/2025 at 11:20 PM

Listing updated: 03/09/2025 at 3:21 PM

Listed by: Rachel Tritschler, RE/MAX ALLIANCE GROUP Phone #: (941) 954-5454

MLS: StellarMLS #A4643297

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