tomo logo

$1,100,000

Beds
4
Baths
3.5
sq ft
4,888

7049 Myakka Valley Trl, Sarasota, FL 34241

7049 Myakka Valley Trl

SARASOTA, FL 34241

  • 49 days on market
    • Price drop $100,000↓
OWNER IS MOTIVATED AND ENTERTAINING ALL OFFERS! This is your chance to own one of the most remarkable homes in Myakka Valley Ranches: Situated on 5 1/2 acres, the ca. 4,900 SF building has a wow factor, most obvious of which is the completely renovated 32 X 16 indoor pool set inside a 1,700 SF space! The rest of the house includes four bedrooms (2 master suites), 3 1/2 bathrooms, a spacious living room with a bay window, a family room with a fireplace, and a large, light and bright studio (or 4th bedroom) with a big fireplace that looks out over the pool and the front lawn. The kitchen features beautiful granite counters, wooden cabinets, S/S appliances (gas stove), and is conveniently located next to the pool, living room, and dining room. Outside, behind the French doors of the pool room, is an almost 1,000 SF screened deck. A 1,440 SF utility building/garage/barn with 3 overhead doors is integrated with a chain link fence that encloses about 1/2 acre on the north side of the lot. This would make a great area for a vegetable garden, or a pen for small animals. The house offers a lot of privacy, since it sits far from the road, and only one neighbor is visible from the lot. An interesting architectural detail is provided by the brick arches around the doors and hallways that lead to the pool and two bedrooms. Other features include a whole-house Kohler generator (2023) with a 1000-gallon in-ground propane tank. The pool can be heated with solar panels, and a heat pump. The property is less than a mile from State Road 72, and the local fire station, from where it is less than 30 minutes to reach the beautiful beaches of Siesta Key, or Downtown Sarasota with its many fine restaurants, concert venues, museums, all kinds of cultural happenings. Great public and private schools are not far away (the Out-Of-Door Academy, opened a new campus, just west of the “Valley” for pre-K-5 ). Myakka Valley Ranches is a wonderful equestrian-friendly community with saddle trails and lots of at least 5 acres. The home is located in Unit 1 of the subdivision, which is no longer subject to its governing documents. Use restrictions are dictated by Sarasota County’s zoning regulations for OUE1 (Open Use Estate, one main residence every 5 acres). This designation does allow for some light commercial use, incidental to the property. Please, check with the zoning authorities to make sure that if you want to conduct a business, its nature will be compatible with the local zoning regulations. Finally, for those who love nature: the entrance to Myakka River State Park, Florida’s biggest state park, is only 1.5 miles from the entrance to the subdivision. This park is a great place to hike, bike, kayak, or ride your horse. Bring your binoculars, and enjoy observing all the interesting critters that live in these 37,000 acres. Welcome to Myakka Valley Ranches, Sarasota’s last frontier!

Details

Property type

Single Family Residence

Est. home value

$1,248,214

Lot size

5.45 acres

Price per sq ft

$226

Year built

1972

Annual property taxes

$5,558.04

Monthly HOA fee

$54.17

Price History

09/12/2024
StellarMLS

StellarMLS #A4619509

Price change
$1,100,000
-8.33%
08/17/2024
StellarMLS

StellarMLS #A4619509

Listed
$1,200,000
+160.87%
03/05/2010
StellarMLS

StellarMLS #A3916162

Sold
$460,000

Schools & Community

Elementary school: 

Lakeview Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview 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

$945,164
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$66,836
Cash to seller
$945,164

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2012

Original loan amount

$352,000

Est. remaining balance

$66,836

Interest rate

3.31%

Loan type

New Conventional, 15 year

Seller

Micheal C Deane and Diane K Deane

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: 10/04/2024 at 10:15 PM

Listing updated: 10/02/2024 at 5:02 PM

Listed by: Roni-Marie Gold, PA, COLDWELL BANKER REALTY Phone #: (941) 388-3966

MLS: StellarMLS #A4619509

StellarMLS logo

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