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$314,500

Beds
2
Baths
2.0
sq ft
1,433

5281 Mahogany Run Ave Unit 822, Sarasota, FL 34241

5281 Mahogany Run Ave Unit 822

SARASOTA, FL 34241

  • <1 day on market
Welcome to this beautifully updated, maintenance-free "Barrington" model Veranda located in the highly sought-after community of Heritage Oaks Golf & Country Club that is being sold Turn-Key Furnished. With absolutely outstanding, panoramic views of water and the 12th and 13th holes of the golf course, this charming 2-bedroom, 2-bathroom property offers the perfect blend of comfort, convenience, and Florida living. The view doesn't get any better than this! As you enter the home, you'll be greeted by an inviting open floor plan with large vaulted ceilings, bright natural light, and tasteful updates throughout. The spacious living room seamlessly flows into the dining area, creating an ideal space for entertaining and relaxing. Large sliding glass doors open to a private screened-in lanai, offering stunning views of the golf course and the abundance of wildlife that roam this Certified Audubon Neighborhood. The kitchen is a chef's dream, featuring gorgeous granite countertops, a beautiful tile backsplash and wonderful modern stainless steel appliances. The adjoining breakfast nook provides a cozy spot for casual meals while enjoying the picturesque surroundings. The primary suite is a peaceful retreat, complete with a large walk-in closet and an en-suite bathroom with a walk-in shower and dual sinks. The guest bedroom is equally spacious, with easy access to the second bathroom, which has also been updated with a new mirror and granite counters. This property is move in ready, simply bring your clothes and start living the Florida lifestyle right away. The owners have also recently replaced the A/C unit (2023). Heritage Oaks is known for its pristine 18-hole golf course, har-tru tennis courts, fitness center, 24-hour security, an impressive clubhouse with a lovely restaurant and the sensational 19th Hole Lounge, 5 swimming pools, and a calendar of events packed with activities. Are you ready to call Heritage Oaks home?

Details

Property type

Condominium

Est. home value

$353,343

Lot size

Unknown

Price per sq ft

$220

Year built

1999

Annual property taxes

$1,968.36

HOA

No

Price History

01/10/2025
StellarMLS

StellarMLS #A4634854

Listed
$314,500
+72.33%
04/30/2015
StellarMLS

StellarMLS #A4117489

Sold
$182,500
-12.68%
02/22/2008
StellarMLS

StellarMLS #A367937

Sold
$209,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Golf, Pool, Restaurant, Sidewalks, 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

$173,605
Asking price
$314,500
Closing costs (~8% of asking)
-$25,160
Est. remaining loan balance
-$115,735
Cash to seller
$173,605

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

Seller’s Loan History

Lender

Universal American Mortgage Company Llc

Loan start date

April 2015

Original loan amount

$146,000

Est. remaining balance

$115,735

Interest rate

3.86%

Loan type

New Conventional, 30 year

Seller

Arthur L Mahony and Janice A Rafalowski

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?

Status: Active

Tomo last checked: 01/10/2025 at 12:30 PM

Listing updated: 01/10/2025 at 7:33 AM

Listed by: Doug Figgins, ROSEBAY INTERNATIONAL REALTY, INC Phone #: (941) 366-7673

MLS: StellarMLS #A4634854

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