tomo logo

$499,000

Beds
2
Baths
2.0
sq ft
1,413

527 Chevy Chase Dr, Sarasota, FL 34243

527 Chevy Chase Dr

SARASOTA, FL 34243

  • 38 days on market
    • Price drop $21,000↓
Exceptional opportunity to own this beautifully appointed home that currently operates as a profitable AIRBNB!! Open concept floorplan includes updated kitchen & appliances, granite counters, breakfast bar, and dinette. Living room with newer French doors lead to the resurfaced pool and large shaded lanai. The oversized master bedroom features two walk-in closets, updated bath with dual sinks, and large tiled shower. The guest bedroom features a walk-in closet and adjoining full bath with tub/shower. Other upgrades: brand new AC, appliances, paint, fencing, pavers, pool, irrigation, new electric pool heater, ceiling fans, keyless entry, garage door opener, toilets, tankless water heater and many more. This property could make an awesome AIRBNB property (fully furnished and equipped), winter retreat or year-around home!!! Located in MANATEE COUNTY WITH SARASOTA ADDRESS - no rental restrictions like Sarasota County!!! NOT in a flood zone! OVERSIZED 0.31 acres lot, and fully fenced backyard. The roof was replaced in 2013. Located just 7 minutes from the Sarasota Airport, close proximity to Sarasota & Bradenton Downtowns, the Ringling Museum of Art, the Ringling College of Art and Design, the Asolo Theater, USF, shopping center, great restaurants, golf. courses, and the best Florida Beaches!!! Whitfield Estates has a voluntary neighborhood association and dues are optional ($2.92/mo).

Details

Property type

Single Family Residence

Est. home value

$501,070

Lot size

0.31 acres

Price per sq ft

$354

Year built

1977

Annual property taxes

$6,734.58

Price History

06/03/2024
StellarMLS

StellarMLS #U8244496

Price change
$499,000
-4.04%
05/29/2024
StellarMLS

StellarMLS #U8244496

Listed
$520,000
+7.22%
03/31/2022
StellarMLS

StellarMLS #C7455713

Sold
$485,000
+195.73%

Schools & Community

Neighborhood: 

Whitfield

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$87,680
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$371,400
Cash to seller
$87,680

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2022

Original loan amount

$388,000

Est. remaining balance

$371,400

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Martyna Smutek and Rafal S Smutek

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: 07/05/2024 at 10:10 PM

Listing updated: 06/26/2024 at 10:36 AM

Listed by: Grace Omyla, PROPERTY LEADERS RE INC Phone #: (727) 422-5898

MLS: StellarMLS #U8244496

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