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$324,999

Beds
2
Baths
2.0
sq ft
1,245

5192 Cedar Hammock Ln, Sarasota, FL 34232

5192 Cedar Hammock Ln

SARASOTA, FL 34232

  • 84 days on market
Welcome to the quiet neighborhood of Cedar Hammock! As you walk up to the enclosed front door of a connected single family home, you'll notice a beautiful, mature tree perfect to enjoy your morning coffee under or just enjoy the peacefulness. Off the side of the front patio, there is a little nook surrounded by greenery where you can place a little patio table and relax. Once you walk in, you're greeted by the separate dining room overlooking the nook. The kitchen also offers a breakfast bar as well for additional seating. With a large open living room, there is plenty of space to entertain. The primary bedroom has beautiful laminate flooring, overlooks the back yard and also offers a walk-in closet. Tax records show two bedrooms, but the patio was converted into a flex space that can be used as an additional bedroom or office. Around back, the back yard is a blank canvas waiting with plenty of sunshine and space to enjoy. Another feature of the home is the detached 1-car garage but is still connected to the home. The washer and dryer sit in the garage and will stay with the home. Cedar Hammock is nearby the UTC area, Target, Publix, delicious restaurants and coffee shops. Also, walking distance is the dog-friendly Fruitville Park which offers team sports, playground, tennis, picnicking, just to name a few. At a very affordable price, this home provides what you need.

Details

Property type

Single Family Residence

Est. home value

$321,953

Lot size

4,800 sq ft

Price per sq ft

$262

Year built

1984

Annual property taxes

$1,857

Monthly HOA fee

$25

Price History

09/29/2024
StellarMLS

StellarMLS #A4624070

Listed
$324,999
+112.42%
09/01/2006
StellarMLS

StellarMLS #A305810

Sold
$153,000

Schools & Community

Neighborhood: 

Fruitville

Elementary school: 

Gocio Elementary

Middle school: 

Booker Middle

High school: 

Booker 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

$184,407
Asking price
$324,999
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$114,592
Cash to seller
$184,407

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 Llc

Loan start date

August 2020

Original loan amount

$127,084

Est. remaining balance

$114,592

Interest rate

3.13%

Loan type

New Conventional, 29 year

Seller

Dean Gibson and Rebecca Gibson

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 10:35 AM

Listing updated: 10/24/2024 at 12:45 PM

Listed by: Danielle Davis, WAGNER REALTY Phone #: (941) 955-1500

MLS: StellarMLS #A4624070

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