tomo logo

$689,000

Beds
3
Baths
2.0
sq ft
1,843

5889 Long Shore Loop, Sarasota, FL 34238

5889 Long Shore Loop

SARASOTA, FL 34238

  • 46 days on market
    • Price drop $10,000↓
Newly built in 2020, this beautiful Dawn floorplan includes 3 bedrooms, 2 full baths and a well-appointed kitchen with a gas stove. A split plan offers privacy for everyone while the large open great room is a place for everyone to come together. Modern fixtures and a neutral color palette make this home welcoming and ready for you to make your own. There are plenty of windows for the lovely Florida sun to shine through keeping it light and bright inside. The master bedroom includes an attached full bathroom and a spacious walk-in closet. Additional features include ceiling fans, solid wood cabinets, hurricane shutters and an attached 2 car garage. The pool overlooks a small lake and makes this home the total package. The community of Sunrise Preserve boasts a community clubhouse, fitness center, pickleball, shuffleboard, tennis court, and gated community pool. In addition to that, the low HOA fee of $376/month also INCLUDES LAWN CARE!!!!!. World renowned Siesta Key beach, shopping and A rated schools are just minutes away. Don't miss a chance to own this fabulous home, schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$700,052

Lot size

6,562 sq ft

Price per sq ft

$374

Year built

2020

Annual property taxes

$7,330

Monthly HOA fee

$376

Price History

07/01/2024
StellarMLS

StellarMLS #A4611439

Price change
$689,000
-1.43%
06/23/2024
StellarMLS

StellarMLS #A4611439

Price change
$699,000
-1.41%
06/01/2024
StellarMLS

StellarMLS #A4611439

Price change
$709,000
-1.39%

Schools & Community

Elementary school: 

Ashton Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Community features: 

Gated, Clubhouse, Fitness Center, Playground, 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

$279,993
Asking price
$689,000
Closing costs (~8% of asking)
-$55,120
Est. remaining loan balance
-$353,887
Cash to seller
$279,993

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

November 2021

Original loan amount

$375,000

Est. remaining balance

$353,887

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Donald P Mcfarland

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: 07/05/2024 at 11:00 PM

Listing updated: 07/01/2024 at 9:57 AM

Listed by: Jennifer Ford, HORIZON REALTY INTERNATIONAL Phone #: (941) 238-0953

MLS: StellarMLS #A4611439

StellarMLS logo

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