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$1,082,963Estimated home value

Beds
4
Baths
3.0
sq ft
3,287

6240 Yellow Wood Pl, Sarasota, FL 34241

6240 Yellow Wood Pl

SARASOTA, FL 34241

  • Sold On 8/5/2024
Welcome to Secluded Oaks, a quiet enclave of 104 homes centrally located but tucked away in the most tranquil setting. A custom home built by Maglich Homes is synonymous with craftsmanship, attention to detail, and personalized design. Located on a premium double ½ acre lot and backing to a beautiful large lake, the outdoor space boasts a full mansard screen enclosed saltwater pool, an outdoor gas kitchen, a full perimeter irrigation system run on a well, beautiful landscaping, and an electric fence is also in place. The open floor plan with luxurious hand-scraped, distressed wood floors, features 12’ coffered ceilings, disappearing pocket sliders, French doors throughout, and aquarium glass—a split plan designed with four bedrooms, 3 baths PLUS a den. The Master Suite is a true retreat with a bonus room within, leading to a full marble en-suite master bath. The architectural details in this impressive home include a gourmet chef’s kitchen with double sinks, 42" wood cabinets with crown molding and integrated lighting, beaded edges, arched doorways, refined lighting fixtures adorned with decorative medallions, 6” baseboards with double molding, crown molding throughout and a gas fireplace nested in stone. The home also has a central vac system, surround sound, AND comes with a BRAND-NEW GENERATOR. Secluded Oaks is a wonderful community with low HOA fees and a country feel. Excellent A-rated schools, close to shopping and dining, Rothenbach Park, and a Publix Plaza just 5 minutes away. This is a MUST SEE!

Details

Property type

Single Family Residence

Est. home value

$1,082,963

Lot size

0.53 acres

Price per sq ft

$294

Year built

2006

Annual property taxes

$6,577.88

Monthly HOA fee

$58.33

Price History

08/05/2024
StellarMLS

StellarMLS #A4613611

Sold
$960,000
-0.52%
07/08/2024
StellarMLS

StellarMLS #A4613611

Pending
$965,000
07/05/2024
StellarMLS

StellarMLS #A4613611

Listed
$965,000
+60.83%

Schools & Community

Elementary school: 

Lakeview Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Senior community center: 

Yes

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

$554,898
Asking price
$965,000
Closing costs (~8% of asking)
-$77,200
Est. remaining loan balance
-$332,902
Cash to seller
$554,898

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

May 2021

Original loan amount

$358,000

Est. remaining balance

$332,902

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Leroy L Schwen

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: Off Market

Tomo last checked: 10/04/2024 at 6:55 PM

Listing updated: 08/06/2024 at 1:12 PM

Listed by: Merryl Koven, COLDWELL BANKER REALTY Phone #: (941) 366-8070

MLS: StellarMLS #A4613611

StellarMLS logo

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