tomo logo

$510,000

Beds
3
Baths
2.5
sq ft
1,815

5803 Fairwoods Cir, Sarasota, FL 34243

5803 Fairwoods Cir

SARASOTA, FL 34243

  • Pending
Under contract-accepting backup offers. Discover the perfect blend of comfort and elegance in this stunning home at 5803 Fairwoods Cir. Featuring a bright and open floor plan, this residence boasts soaring cathedral ceilings, custom built-ins, and a cozy wood-burning fireplace with a beautiful mantel. The updated kitchen offers ample cabinet and counter space, ideal for both cooking and entertaining. Step outside to a screened lanai with a heated pool and spa, perfect for year-round relaxation. Nestled in a desirable golf course community with optional membership, this home also includes a whole-home generator for peace of mind. A true gem that seamlessly combines style and functionality!

Details

Property type

Single Family Residence

Est. home value

$557,402

Lot size

7,710 sq ft

Price per sq ft

$281

Year built

1988

Annual property taxes

$5,893.7

Monthly HOA fee

$189.67

Price History

03/21/2025
StellarMLS

StellarMLS #A4644454

Pending
$510,000
03/15/2025
StellarMLS

StellarMLS #A4644454

Listed
$510,000
-4.67%
03/12/2025
Beaches

Beaches #R11044038

Removed
$535,000

Schools & Community

Elementary school: 

Robert E Willis Elementary

Middle school: 

Braden River Middle

High school: 

Braden River High

Community features: 

Golf, 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

$212,462
Asking price
$510,000
Closing costs (~8% of asking)
-$40,800
Est. remaining loan balance
-$256,738
Cash to seller
$212,462

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

October 2020

Original loan amount

$285,000

Est. remaining balance

$256,738

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Michael J Brooks and Ivy F Strickler

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: 04/03/2025 at 11:00 PM

Listing updated: 03/21/2025 at 1:25 PM

Listed by: Mary Michael Martin, COMPASS FLORIDA LLC Phone #: (305) 851-2820

MLS: StellarMLS #A4644454

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