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$419,900

Beds
3
Baths
2.5
sq ft
1,680

5506 River Sound Ter, Bradenton, FL 34208

5506 River Sound Ter

BRADENTON, FL 34208

  • 63 days on market
This Key West-style home in the gated riverfront community of River Sound offers modern conveniences with a spacious open floor plan and detached two car garage with additional private parking. Entertain in your private brick-paver courtyard area. Enjoy the Florida outdoor living year-round! The home’s interior offers neutral colors and finishes, kitchen countertops galore with a center island, kitchen pantry, bar seating, spacious bedrooms, plenty of storage closets, hard surface countertops throughout, GE Profile appliances, recessed lighting, tile flooring throughout the first floor and all bathrooms, hurricane shutters. The primary bedroom and en-suite bathroom include dual sinks, a walk-in closet and walk-in shower, as well as an expansive Key West-style balcony overlooking well-manicured Florida foliage—great for watching the sunrise and relaxing while the sun in going down! The two guest bedrooms are connected by a convenient and functional Jack and Jill bathroom with bath/shower combo. River Sound’s HAO fees are affordable, NO CDD fees, and the amenities include a resort style heated pool and spa oasis--designed for the perfect pool day, two incredible dog parks, playground, gazebos, sidewalks on both sides of roadways, walking trails, a fishing pier on the Braden River exclusive to River Sound residents. This community is well maintained and convenient to I-75, UTC Mall, all the local area beaches, everyday shopping, dining, and anything and everything you are trying to get to in the Sarasota-Bradenton area.

Details

Property type

Single Family Residence

Est. home value

$441,663

Lot size

3,215 sq ft

Price per sq ft

$250

Year built

2010

Annual property taxes

$5,551.33

Monthly HOA fee

$138.35

Price History

09/21/2024
StellarMLS

StellarMLS #A4624193

Listed
$419,900
+5.24%
03/11/2022
StellarMLS

StellarMLS #A4521210

Sold
$399,000
+41.49%
07/16/2020
StellarMLS

StellarMLS #A4466258

Sold
$282,000
+15.15%

Schools & Community

Elementary school: 

William H. Bashaw Elementary

Middle school: 

Carlos E. Haile Middle

High school: 

Braden River High

Community features: 

Gated, Playground, Pool, Sidewalks

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

-$5,480
Asking price
$419,900
Closing costs (~8% of asking)
-$33,592
Est. remaining loan balance
-$391,788
Cash to seller
-$5,480

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

Seller’s Loan History

Lender

Lendus Llc

Loan start date

March 2022

Original loan amount

$413,364

Est. remaining balance

$391,788

Interest rate

3.56%

Loan type

VA, 30 year

Seller

Michael Edison Morton

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: 11/23/2024 at 2:50 AM

Listing updated: 09/25/2024 at 6:29 AM

Listed by: Gigi Sanchez, COLDWELL BANKER REALTY Phone #: (941) 366-8070

MLS: StellarMLS #A4624193

StellarMLS logo

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