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$550,000

Beds
3
Baths
2.5
sq ft
1,815

5803 Fairwoods Cir, Sarasota, FL 34243

5803 Fairwoods Cir

Sarasota, FL 34243

  • 11 days on market
Welcome to 5803 Fairwoods Circle, a delightful retreat located in the coveted Fairway Lakes section of Palm Aire Country Club. Nestled along the edge of the golf course, this spacious and meticulously maintained home offers the perfect blend of elegance, comfort, and functionality.Step inside and be greeted by a bright, open floor plan that invites natural light to flow throughout the living spaces. The expansive layout is ideal for entertaining or enjoying quiet moments at home. The heart of the residence features a well-appointed kitchen, seamlessly connecting to the dining and living areas.Outdoors, a private oasis awaits. Relax in the heated pool and spa, or unwind on the lanai while taking in the picturesque landscape.

Details

Property type

Single Family Residence

Est. home value

$557,402

Lot size

7,710 sq ft

Price per sq ft

$304

Year built

1988

Annual property taxes

$5,894

Monthly HOA fee

$199

Price History

12/11/2024
Beaches

Beaches #R11044038

Listed
$550,000
+44.74%
10/29/2020
StellarMLS

StellarMLS #A4470980

Sold
$380,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks, Tennis Court(s)

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

$247,002
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$258,998
Cash to seller
$247,002

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

$258,998

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: Active

Tomo last checked: 12/22/2024 at 4:50 PM

Listing updated: 12/11/2024 at 1:45 PM

Listed by: Jamie Brooks Measey, United Realty Group, Inc Phone #: (561) 235-2127

MLS: Beaches #R11044038

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