tomo logo

$500,000

Beds
3
Baths
2.0
sq ft
1,905

5405 83rd Ter E, Sarasota, FL 34243

5405 83rd Ter E

SARASOTA, FL 34243

  • 55 days on market
This exquisite waterfront home offers a blend of luxury, comfort, and scenic beauty, making it an ideal home for those seeking a serene yet convenient lifestyle. As you approach this beautiful residence, you're greeted by meticulously landscaped grounds and a stylish entrance that sets the tone for the exceptional interiors. This move-in-ready home has hurricane-impact windows, a new tile roof, a front door, landscaping, and new interior and exterior paint. The spacious, open floor plan is designed to capture the essence of modern comforts, featuring high ceilings, abundant natural light, and premium finishes throughout. The spacious kitchen is a chef's dream, equipped with top-of-the-line appliances, generous cabinetry, and a breakfast bar perfect for entertaining. The adjoining dining and living areas provide a seamless flow, enhanced by sliding doors that open to the expansive lanai. Step outside to discover your private paradise. The outdoor living space boasts a covered lanai, with a picture frame lanai screen for a panoramic water view that offers a daily spectacle of nature’s beauty. Whether you’re sipping your morning coffee or hosting an evening soiree, the tranquil waterfront setting provides a picturesque backdrop. Retreat to the luxurious master suite, featuring a spa-like en-suite bathroom with a one-of-a-kind walk-in shower. The additional bedrooms are generously sized, offering comfort and privacy for family and guests. Situated in a prime location, this property is just minutes away from Sarasota's finest attractions. Enjoy world-class dining, shopping, and cultural experiences, or spend your days exploring the pristine beaches, golf courses, and parks that make Sarasota a sought-after destination. This home is more than just a residence; it’s a lifestyle. Don’t miss the opportunity to make this extraordinary property your own.

Details

Property type

Single Family Residence

Est. home value

$530,968

Lot size

6,055 sq ft

Price per sq ft

$263

Year built

1990

Annual property taxes

$6,095

Monthly HOA fee

$73

Price History

07/26/2024
StellarMLS

StellarMLS #A4618293

Listed
$500,000
+16.28%
05/03/2021
StellarMLS

StellarMLS #A4495655

Sold
$430,000
+34.38%
07/02/2018
StellarMLS

StellarMLS #A4215933

Sold
$320,000
+88.24%

Schools & Community

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

$104,388
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$355,612
Cash to seller
$104,388

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

April 2021

Original loan amount

$383,150

Est. remaining balance

$355,612

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Susan Ristow

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: 09/19/2024 at 6:10 PM

Listing updated: 09/10/2024 at 3:37 PM

Listed by: David Mills, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #A4618293

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