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$685,042Estimated home value

Beds
2
Baths
2.0
sq ft
1,689

5337 Popoli Way, Sarasota, FL 34238

5337 Popoli Way

SARASOTA, FL 34238

  • Sold On 8/14/2020
    • Price drop $500↓
New construction completed in Nov. 2019, the Roma model home is one of the most popular detached villa floor plans in the new Esplanade on Palmer Ranch. This 2 bedroom + Den waterfront home features upgraded lot, kitchen cabinets, quartz countertops, and stainless steel appliances, 18x18 tile, extended garage, 8 ft doors, garage floor paint and much more. Bathrooms will feel spa-like upgraded cabinets, luxurious quartz counter tops and large wall tiles. Esplanade on Palmer Ranch is a gated maintenance free community with premier resort-style amenities including a Bahama Bar, community pool and hot tub, wellness and spa services, fire pit, sports courts, pet parks, nature walking trails and direct access from the community to Legacy Tail and much more.

Details

Property type

Single Family Residence

Est. home value

$685,042

Lot size

4,200 sq ft

Price per sq ft

$237

Year built

2019

Annual property taxes

$1,505.84

Monthly HOA fee

$310.67

Price History

03/20/2025
StellarMLS

StellarMLS #A4637825

Removed
$629,000
03/13/2025
StellarMLS

StellarMLS #A4637825

Price change
$629,000
-3.08%
02/21/2025
StellarMLS

StellarMLS #A4637825

Price change
$649,000
-3.85%

Schools & Community

Elementary school: 

Laurel Nokomis Elementary

Middle school: 

Laurel Nokomis Middle

High school: 

Venice Senior High

Community features: 

Gated, Fitness Center, 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

$187,362
Asking price
$399,500
Closing costs (~8% of asking)
-$31,960
Est. remaining loan balance
-$180,178
Cash to seller
$187,362

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

August 2020

Original loan amount

$200,000

Est. remaining balance

$180,178

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Terry Fernstaedt and Wei Yi

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: Off Market

Tomo last checked: 04/09/2025 at 9:05 PM

Listing updated: 09/18/2023 at 11:31 PM

Listed by: Mark Quire, KELLER WILLIAMS ON THE WATER S Phone #: (941) 803-7522

MLS: StellarMLS #A4454658

StellarMLS logo

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