tomo logo

$500,000

Beds
2
Baths
2.0
sq ft
1,072

573 Spanish Dr N, Longboat Key, FL 34228

573 Spanish Dr N

LONGBOAT KEY, FL 34228

  • 34 days on market
SPACIOUS LONGBOAT KEY CONDO BACKING TO GREENSPACE. BLOCK CONSRUCTION. IN THE SOUGHT AFTER COMMUNITY OF SPANISH MAIN YACHT CLUB. DOCK SPACE AVAILABLE, POOL, CLUBHOUSE, AND MANY BENEFITS AVAILABLE IN THIS COMMUNITY.

Details

Property type

Single Family Residence

Est. home value

$555,082

Lot size

25.0 acres

Price per sq ft

$467

Year built

1968

Annual property taxes

$7,002

HOA

Yes

Price History

11/18/2024
StellarMLS

StellarMLS #A4629566

Listed
$500,000

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

W.D. Sugg Middle

High school: 

Bayshore High

Community features: 

Pool

Senior community center: 

Yes

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

$309,120
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$150,880
Cash to seller
$309,120

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

Seller’s Loan History

Lender

Cbc National Bank

Loan start date

November 2015

Original loan amount

$186,900

Est. remaining balance

$150,880

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Barbara Kelly

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: 12/22/2024 at 10:15 AM

Listing updated: 11/19/2024 at 6:55 AM

Listed by: Dan Novak, PRIME TIME REAL ESTATE INC Phone #: (941) 323-8685

MLS: StellarMLS #A4629566

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