tomo logo

$195,000

Beds
2
Baths
1.0
sq ft
520

5700 N Lockwood Ridge Rd, Sarasota, FL 34243

5700 N Lockwood Ridge Rd

SARASOTA, FL 34243

  • 53 days on market
Contractor Special - Unfinished Reno - See Photos - Most Materials to finish come with purchase (please inquire) including Vinyl Flooring, Stone Counters, White Wood Cabinets, White Doors, Kitchen Appliances, Washer & Dryer, Faucets & Fixtures, etc. even some brand new furniture. 1BR/1BA - New Windows, New Plumbing, Come finish this Fix and Flip or keep as a rental property.

Details

Property type

Single Family Residence

Est. home value

$145,086

Property condition

Fixer

Lot size

3,000 sq ft

Price per sq ft

$375

Year built

1956

Annual property taxes

$1,448.28

HOA

No

Price History

11/01/2024
StellarMLS

StellarMLS #A4627555

Listed
$195,000
+69.57%
11/18/2022
StellarMLS

StellarMLS #A4541481

Sold
$115,000
+82.54%
06/09/2017
StellarMLS

StellarMLS #A4183706

Sold
$63,000

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

$131,155
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$48,245
Cash to seller
$131,155

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2006

Original loan amount

$76,800

Est. remaining balance

$48,245

Interest rate

6.33%

Loan type

Not Provided, 30 year

Seller

Mike J Etcheverry

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: 12/24/2024 at 9:10 AM

Listing updated: 12/11/2024 at 2:48 PM

Listed by: Albert Wooster, ALBERT WOOSTER & COMPANY Phone #: (941) 350-1220

MLS: StellarMLS #A4627555

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