tomo logo

$550,000

Beds
3
Baths
3.0
sq ft
1,680

5860 Brown Ln, Sarasota, FL 34232

5860 Brown Ln

SARASOTA, FL 34232

  • <1 day on market
Location, Location This is a rare opportunity! 2 homes over a 1/2 acre of land completely fenced in. The main house is a 2-bedroom 2 bath original wood floors throughout. Kitchen has granite counter tops. Stainless steel appliances. Inside laundry and tankless hot water heater. Large front porch. The guest home is the added bonus. 1 bedroom 1 bath with tile floors, large walk-in shower, the kitchen boasts Butcher block cabinets, inside laundry and workshop. Income potential. Just minutes to Nathan Benderson Park, UTC Mall and Downtown Sarasota. Your future is here.

Details

Property type

Single Family Residence

Est. home value

$569,549

Lot size

0.65 acres

Price per sq ft

$328

Year built

1969

Annual property taxes

$3,972.92

HOA

No

Price History

03/22/2025
StellarMLS

StellarMLS #A4644023

Listed
$550,000
+62.24%
03/15/2019
StellarMLS

StellarMLS #A4413636

Sold
$339,000
+151.11%
06/01/2017
StellarMLS

StellarMLS #A4186642

Sold
$135,000

Schools & Community

Neighborhood: 

Fruitville

Elementary school: 

Gocio Elementary

Middle school: 

Booker Middle

High school: 

Booker 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

$204,099
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$301,901
Cash to seller
$204,099

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

Seller’s Loan History

Lender

John R Weekley Etux

Loan start date

March 2019

Original loan amount

$339,000

Est. remaining balance

$301,901

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Stephen A Sushko and Michelle Weekley

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?

Status: Active

Tomo last checked: 03/23/2025 at 2:40 AM

Listing updated: 03/22/2025 at 1:19 PM

Listed by: Barbara Smith, PREFERRED SHORE LLC Phone #: (941) 999-1179

MLS: StellarMLS #A4644023

StellarMLS logo

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