tomo logo

$350,000

Beds
2
Baths
2.0
sq ft
1,684

5271 Mahogany Run Ave Unit 716, Sarasota, FL 34241

5271 Mahogany Run Ave Unit 716

SARASOTA, FL 34241

  • 52 days on market
Heritage Oaks Golf and Country Club is a gated community offering 24-hour guard service, spanning over 500 acres of Audubon International Certified property. The centerpiece of this exclusive development is an 18-hole championship golf course, complemented by a Pro Shop. The recently remodeled clubhouse features the 19th Hole Bar & Grille, a multi-use room, and outdoor dining area. Residents can enjoy a variety of dining options, including casual fare and fine dining prepared by the executive chef. The club's extensive amenities include 4 Clay Hydro Grid lighted tennis courts, a well-equipped fitness facility staffed by a full-time director offering numerous classes, and five pools. This Veranda condominium is a 2-bedroom plus den, 2-bathroom corner unit with the largest and most spacious Abbey floor plan. The refreshed interiors offer a relaxing coastal decor and being sold fully furnished. Sit on your back patio and enjoy serene water and golf course views. The condominium also has a front screened in patio and a detached 1 car garage for additional storage. Heritage Oaks prides itself on fostering an active lifestyle, with a vibrant social calendar and events for all residents to enjoy. This community isn't just about buying a home; it's about investing in a comprehensive lifestyle that balances natural beauty with modern comforts and social engagement. Call to schedule your personal tour.

Details

Property type

Condominium

Est. home value

$354,967

Lot size

Unknown

Price per sq ft

$208

Year built

1999

Annual property taxes

$3,786.31

Monthly HOA fee

$1,081

Price History

07/18/2024
StellarMLS

StellarMLS #A4615906

Listed
$350,000
+108.33%
02/26/2021
StellarMLS

StellarMLS #A4467423

Sold
$168,000
-8.7%
07/29/2014
StellarMLS

StellarMLS #A3988082

Sold
$184,000

Schools & Community

Elementary school: 

Lakeview Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Community features: 

Gated, Clubhouse, Park, 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

$198,360
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$123,640
Cash to seller
$198,360

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

February 2021

Original loan amount

$134,400

Est. remaining balance

$123,640

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Erica Pancoast Carnine and Erica Pancoast Carnine 2020 Declaration

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: 09/07/2024 at 11:05 PM

Listing updated: 08/30/2024 at 2:47 PM

Listed by: Mickey Kiernan, MICHAEL SAUNDERS & COMPANY Phone #: (941) 349-3444

MLS: StellarMLS #A4615906

StellarMLS logo

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