tomo logo

$679,000

Beds
3
Baths
2.0
sq ft
2,172

5807 Garfield Rd, Venice, FL 34293

5807 Garfield Rd

VENICE, FL 34293

  • 79 days on market
**ASSUMABLE LOAN… 5 MINUTES FROM THE BEACH…..Inside of this luxurious home on a .23 acre lot. This home comes with Updated Electrical, Updated Plumbing, New Roof, New Water Heater, Heated pool and Spa, with a perfect yard for children and or pets to run around and play. Complete open floor plan with cathedral ceilings, stainless steel appliances and high end grade QUARTZ countertops throughout… Lowest HOA in the area $22 a month and NO CDD. Not only is this home 1.5 MILES FROM THE BEACH but it’s located in ONE OF TOP SCHOOLS IN SARASOTA COUNTY! *ONE YEAR WARRANTY INCLUDED

Details

Property type

Single Family Residence

Est. home value

$630,935

Lot size

0.23 acres

Price per sq ft

$313

Year built

1991

Annual property taxes

$5,405.31

Monthly HOA fee

$22.08

Price History

04/20/2024
StellarMLS

StellarMLS #T3520562

Listed
$679,000
+32.49%
12/28/2022
StellarMLS

StellarMLS #N6122319

Sold
$512,500
+83.36%
05/09/2019
StellarMLS

StellarMLS #N6103636

Sold
$279,500
+25.34%

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

$240,786
Asking price
$679,000
Closing costs (~8% of asking)
-$54,320
Est. remaining loan balance
-$383,894
Cash to seller
$240,786

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

Seller’s Loan History

Lender

Draper & Kramer Mortgage Corp

Loan start date

December 2022

Original loan amount

$390,000

Est. remaining balance

$383,894

Interest rate

6.95%

Loan type

VA, 30 year

Seller

Sabrena B Parson

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: 07/08/2024 at 6:00 PM

Listing updated: 05/25/2024 at 9:46 PM

Listed by: Sinan Zakaria, LISTED SIMPLY Phone #: (800) 995-5879

MLS: StellarMLS #T3520562

StellarMLS logo

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