tomo logo

$327,000

Beds
2
Baths
2.0
sq ft
1,127

5218 Wedgewood Ln Unit 72, Sarasota, FL 34235

5218 Wedgewood Ln Unit 72

SARASOTA, FL 34235

  • 14 days on market
Experience open, wide Lake and Golf course views from this beautifully updated Condo. This light and bright end unit features a brand new custom kitchen with raised ceilings to accomodate 40" upper cabinets, providing plenty of storage space. Beautiful Quartz countertops, glass tile backsplash and Kitchen Aid stainless steel appliances. Spacious primary bedroom with en-suite bathroom, his and her sink vanity, a generous size walk-in closet and access to the balkony. The second bedroom is located on the opposite side of the Condo and there is a inside utility room with washer and dryer. Updates also include recessed lighting and a freshly painted interior. New AC in 2021. Assigned parking and the community pool are just steps away. The Meadows, one of Sarasota’s most sought-after neighborhoods just 15 minutes from downtown. Residents enjoy 14 miles of biking and hiking trails, fun-filled activities, fitness center, Junior Olympic pool, pickleball courts, dining venues, and pay-to-play on three 18-hole golf courses and top tennis complex. Its prime location places you near award-winning beaches, remarkable arts and culture, Nathan Benderson Park, Mote SEA Aquarium and The Mall at University Town Center, a world-class shopping, entertainment and dining destination.

Details

Property type

Condominium

Est. home value

$325,444

Lot size

4.86 acres

Price per sq ft

$291

Year built

1982

Annual property taxes

$2,802

Monthly HOA fee

$386.67

Price History

01/08/2025
StellarMLS

StellarMLS #A4634137

Listed
$327,000
+36.25%
09/28/2021
StellarMLS

StellarMLS #A4506854

Sold
$240,000

Schools & Community

Neighborhood: 

The Meadows

Elementary school: 

Gocio Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Fitness Center, Golf, Playground, Pool, Tennis Court(s)

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

$146,865
Asking price
$327,000
Closing costs (~8% of asking)
-$26,160
Est. remaining loan balance
-$153,975
Cash to seller
$146,865

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

July 2022

Original loan amount

$160,000

Est. remaining balance

$153,975

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Emely Stahl

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 8:15 PM

Listing updated: 01/09/2025 at 6:52 AM

Listed by: Juergen Stahl, CHARITY & WEISS INTERNATIONAL LLC Phone #: (941) 365-0022

MLS: StellarMLS #A4634137

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