tomo logo

$635,000

Beds
5
Baths
3.0
sq ft
2,475

5812 Elegant Orchid Way, Sarasota, FL 34232

5812 Elegant Orchid Way

SARASOTA, FL 34232

  • 35 days on market
    • Open house Nov 09
Welcome to this stunning two-story, five-bedroom, three-full-bathroom POOL home in the gated community of Garden Village. With all-concrete block construction and numerous custom upgrades, this residence is perfectly situated on an oversized cul-de-sac street. As you enter, you'll be greeted by an open-concept first floor adorned with luxury vinyl flooring, custom wall treatments, and an elegant staircase. The modern kitchen features a spacious island, quartz countertops that extend to the backsplash, and stainless steel appliances—all overlooking the inviting living and dining areas, ideal for both entertaining and daily living. The living area boasts a striking stone accent wall and an electric fireplace, adding modern style to the space. This level also includes a full bedroom and bathroom, perfect for guests, a playroom, or a home office. Additionally, the lower level features a wine cooler closet, perfect for your collection. Step outside to your private backyard oasis, complete with a new pool, pavered patio, 6-foot privacy fence, and lush tropical landscaping—the perfect escape for fun in the sun! Upstairs, a generous foyer area leads to the spacious owner's suite, which features a walk-in closet and an ensuite bathroom with dual sinks, quartz countertops, and a linen closet. Down the hall, you'll find three additional well-sized bedrooms that share a second full bathroom, also equipped with dual sinks and quartz countertops. The convenience of an upstairs laundry room and extra storage closets adds to the home's appeal. Don’t miss out on this incredible opportunity! Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$546,390

Lot size

4,647 sq ft

Price per sq ft

$257

Year built

2020

Annual property taxes

$5,584.83

Monthly HOA fee

$75

Price History

10/01/2024
StellarMLS

StellarMLS #A4623925

Listed
$635,000
+82.87%
10/15/2020
StellarMLS

StellarMLS #T3248684

Sold
$347,245

Schools & Community

Neighborhood: 

Fruitville

Elementary school: 

Fruitville Elementary

Middle school: 

McIntosh Middle

High school: 

Sarasota High

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

$276,542
Asking price
$635,000
Closing costs (~8% of asking)
-$50,800
Est. remaining loan balance
-$307,658
Cash to seller
$276,542

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

Seller’s Loan History

Lender

Fbc Mortgage Llc

Loan start date

October 2020

Original loan amount

$337,565

Est. remaining balance

$307,658

Interest rate

2.91%

Loan type

FHA, 30 year

Seller

Massimiliano Nigri and Lyndsay Michelle Heath

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?

Similar Homes Nearby

Price drop
StellarMLS
$589,000
5 bd
|
3 ba
|
2,468 sq ft
|
House

3809 Golden Oriole Pkwy, Sarasota, FL 34232

Price drop
StellarMLS
$625,000
5 bd
|
3 ba
|
2,400 sq ft
|
House

672 Eastpointe Ct, Sarasota, FL 34232

Price drop
StellarMLS
$550,000
5 bd
|
4.5 ba
|
3,083 sq ft
|
House

2139 Wells Ave, Sarasota, FL 34232

Status: Active

Tomo last checked: 11/04/2024 at 11:15 PM

Listing updated: 11/04/2024 at 6:21 PM

Listed by: Nikki Albert, HORIZON REALTY INTERNATIONAL Phone #: (941) 238-0953

MLS: StellarMLS #A4623925

StellarMLS logo

Recently listed in SARASOTA

$3,240,000|6 bd|6.5 ba|House
$4,690,000|4 bd|4.5 ba|House
$782,990|3 bd|2.5 ba|House
$1,850,000|6 bd|5.0 ba|House
$415,000|2 bd|2.0 ba|House
$424,900|3 bd|2.0 ba|Townhouse
$369,900|2 bd|2.0 ba|House