tomo logo

$400,000

Beds
3
Baths
2.5
sq ft
1,680

5524 River Sound Ter, Bradenton, FL 34208

5524 River Sound Ter

BRADENTON, FL 34208

  • Pending
    • Price drop $4,900↓
Discover the charming Key West style home featuring 3-bedrooms, 2.5-baths in the gated River Sound community. This unique layout features spacious bedrooms with walk-in closets and a rear-entry 2-car garage. Between the house and the garage lies a fenced yard, perfect for pets, gardening, or relaxing in a hammock. The backyard also features a lovely brick pavered patio adorned with blooming Bougainvillea plants along the fence and garage, adding beauty with privacy. Recent updates include a brand-new roof and air conditioner, ensuring peace of mind and protection from the elements. The kitchen is ideal for entertaining, boasting Corian countertops, brand new refrigerator and stove, a subway tile backsplash, a center island, a pantry, a breakfast bar, and tile flooring that extends into the great room. The open living area is perfect for gatherings, while the convenience of a downstairs powder room and two outdoor patios allows for easy unwinding. The upstairs primary suite offers ultimate privacy with an en-suite bathroom with stylish plank floors and a private balcony, creating a perfect retreat for relaxation. Two additional guest bedrooms share a well-appointed bathroom with plank floors, ensuring comfort and convenience for family and friends. Recently updated carpeting on the stairs and main landing adds a touch of luxury and comfort. Enjoy the open and airy feel of this 1680 sq foot two-story home, built in 2009 and known as "Gull Cottage" with its well thought floor plan. Built with solid construction this home comes with metal hurricane shutters for added safety and peace of mind. The home is tucked away in the gated River Sound community, offering resort-style amenities like a heated pool, spa, outdoor shower, two dog parks, walking trails, and a fishing pier. This pet-friendly community is within close proximity to essential services and travel hubs, making it an ideal primary residence or a cozy retreat. The community features well maintained homes and mature landscaping. Benefit from the very low HOA fees of only $413.00 quarterly. This home is perfect for those who those who appreciate the charm of Key West architecture combined with the convenience of modern living. Call today to schedule your visit and see what makes this property so special.

Details

Property type

Single Family Residence

Est. home value

$433,414

Lot size

3,215 sq ft

Price per sq ft

$239

Year built

2009

Annual property taxes

$2,625.02

Monthly HOA fee

$138.33

Price History

03/01/2025
StellarMLS

StellarMLS #A4629771

Pending
$400,000
02/26/2025
StellarMLS

StellarMLS #A4629771

Price change
$400,000
-1.21%
11/20/2024
StellarMLS

StellarMLS #A4629771

Listed
$404,900
-4.68%

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

$225,311
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$142,689
Cash to seller
$225,311

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

Seller’s Loan History

Lender

Real Estate Mortgage Network Inc

Loan start date

November 2013

Original loan amount

$185,576

Est. remaining balance

$142,689

Interest rate

4.57%

Loan type

FHA, 30 year

Seller

Ian Stuart Clayton and Lisa Clayton

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: Pending/Under Contract

Tomo last checked: 03/12/2025 at 9:15 AM

Listing updated: 03/01/2025 at 12:51 PM

Listed by: Jessica Ross, PA, COLDWELL BANKER REALTY Phone #: (941) 907-1033

MLS: StellarMLS #A4629771

StellarMLS logo

Recently listed in BRADENTON