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$941,513Estimated home value

Beds
3
Baths
2.5
sq ft
2,217

6874 Papago Rd, Sarasota, FL 34241

6874 Papago Rd

SARASOTA, FL 34241

  • Sold On 8/30/2024
Discover the only available property in the sought out Myakka Valley Ranches. The property offers a unique blend of luxury and rural charm. Nestled on an expansive 7.5-ACRE lot, this exceptional estate is perfect for equestrian enthusiasts and those seeking a tranquil retreat. The property has a 3-Stall Barn: Featuring a convenient tack room (electric and spigot), designed to meet all your equestrian needs. The 3 paddocks and barn yard provide ample space for horses to roam and graze freely while ensuring privacy and security for you and your animals in this fully fenced property. Two separate wells. One used for the paddocks and the other for the house. This 3 bedroom 2.5 bath home includes a spacious master suite conveniently located downstairs. In door laundry room with mud sink. Water softener system in the kitchen and updated laminate flooring throughout the first floor adding a modern touch while ensuring durability and easy maintenance. Hurricane IMPACT Windows and Sliding Doors out to the pool for enhanced safety and energy efficiency. Enjoy a saltwater heated pool and spa (2019), surrounded by travertine tile throughout the entire patio, creating a luxurious and inviting space for relaxation and entertainment. HVAC units have UV lights for the improvement of air quality. The ample amount of windows offers a ton of natural light. No matter what part of the home you are in this property offers tranquil and peaceful views enhancing the serene ambiance of the home. The Out of Door Academy is right down the street and proposed to open August 2024. Embrace the serene lifestyle that Myakka Valley Ranches offers, with beautiful landscapes and a welcoming community. This property is a rare gem, presenting endless possibilities for customization and enjoyment. See Matterport and Video provided in link above.

Details

Property type

Single Family Residence

Est. home value

$941,513

Lot size

7.5 acres

Price per sq ft

$395

Year built

1992

Annual property taxes

$5,104

Monthly HOA fee

$54.17

Price History

08/30/2024
StellarMLS

StellarMLS #A4617921

Sold
$875,000
07/26/2024
StellarMLS

StellarMLS #A4617921

Pending
$875,000
07/25/2024
StellarMLS

StellarMLS #A4617921

Listed
$875,000
+124.36%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Td Bank Na

Loan start date

March 2019

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

4.46%

Loan type

Stand Alone Second, 5 year

Seller

Gregory J Young and Kerry A Casey

Lender

Fairway Funding Group Inc

Loan start date

February 2014

Original loan amount

$312,000

Est. remaining balance

$246,063

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Gregory J Young and Kerry A Casey

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: Off Market

Tomo last checked: 09/07/2024 at 1:10 PM

Listing updated: 08/30/2024 at 9:05 PM

Listed by: Alyssa Young, PREFERRED SHORE LLC Phone #: (941) 999-1179

MLS: StellarMLS #A4617921

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