tomo logo

$625,000

Beds
3
Baths
2.0
sq ft
1,803

5201 Highbury Cir, Sarasota, FL 34238

5201 Highbury Cir

SARASOTA, FL 34238

  • 143 days on market
Welcome to this magnificent Lakeview home. No Flood Zone. Underground utilities. No insurance issues. The house was renovated in 2020 to a modern living style. Located in the heart of the desirable Hampton community at Palmer Ranch, this lovely home combines modern comfort and convenience seamlessly. Every detail has been updated to create a welcoming atmosphere for both daily living and hosting guests. Upon entering, you are welcomed by a spacious open floor plan that connects the living area with high-quality vinyl flooring, vaulted ceilings, leading to a state-of-the-art custom kitchen. The kitchen features top-notch granite countertops and new stainless steel appliances from 2020, perfect for cooking and socializing. The house offers three large bedrooms, including a generous master suite with a large walk-in closet – your own personal oasis at the end of the day. Full owned security system with ADT. Venture out from inside and onto the pristine screened lanai where you'll find an in-ground hot tub complete with a new pump and heater in the year 2024. The spacious backyard offers a breathtaking lake view, perfect for summer BBQs or just soaking up the sun in Florida. Living in the Hampton at Palmer Ranch means enjoying a hassle-free lifestyle with affordable HOA fees and no CDD fees. Community amenities include a large swimming pool, ground maintenance, and reclaimed water for lawn irrigation. Palmer Ranch is more than just beautiful houses; it's about the way of life it offers. Furnishings if the buyer wants to purchase them at an additional cost. With its proximity to the top-rated Siesta Key Beach, The Legacy Bike Trail, multiple shops and dining options, The YMCA, and excellent schools, everything you need is right at your fingertips.

Details

Property type

Single Family Residence

Est. home value

$576,303

Lot size

0.24 acres

Price per sq ft

$347

Year built

2000

Annual property taxes

$3,444

Monthly HOA fee

$301

Price History

11/19/2024
StellarMLS

StellarMLS #A4615029

Price change
$625,000
+10.62%
10/25/2024
StellarMLS

StellarMLS #A4615029

Price change
$565,000
-1.74%
09/28/2024
StellarMLS

StellarMLS #A4615029

Price change
$575,000
-1.71%

Schools & Community

Elementary school: 

Ashton Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview 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

$288,980
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$286,020
Cash to seller
$288,980

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

September 2019

Original loan amount

$318,986

Est. remaining balance

$286,020

Interest rate

3.6%

Loan type

FHA, 30 year

Seller

Arthur Candler and Lindsaye E Sutton

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: 11/22/2024 at 3:50 PM

Listing updated: 11/19/2024 at 11:27 AM

Listed by: Han Huynh, FINE PROPERTIES Phone #: (941) 782-0000

MLS: StellarMLS #A4615029

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Recently listed in SARASOTA