tomo logo

$485,000

Beds
3
Baths
2.0
sq ft
1,416

7117 Queen Palm Cir, Sarasota, FL 34243

7117 Queen Palm Cir

SARASOTA, FL 34243

  • <1 day on market
    • Open house Feb 02
Approximately 1,416 square feet of thoughtfully designed living space in this well-maintained house. The home features three spacious bedrooms and two bathrooms, offering ample room for comfortable living. The inviting entryway leads to a bright and open layout, with abundant natural light. Modern flooring adds warmth and elegance throughout the interior. The primary bedroom provides a serene retreat, while the additional bedrooms offer flexible space for guests or a home office. Stepping outside, the property boasts a spacious lot with a well-maintained exterior. The serene natural setting is enhanced by the lush greenery and tranquil atmosphere. The covered patio and inviting outdoor seating area provide the perfect setting for relaxation and al fresco dining, while the scenic lakefront and pool offer opportunities for recreation and enjoyment. The quiet corner lot adds to the sense of privacy and seclusion, providing a true respite from the hustle and bustle of daily life. The property has performed extremely well as a short term rental, and would make an excellent investment , in addition to being an excellent family home , or 'Snowbird' winter retreat. Located close to everything Sarasota has to offer , perfectly situated for the SRQ airport, and minutes away from Ringling Museum , Asolo theatre , UTC mall and Coastal beaches , this home is a gem in the market and won't last long! Call today for an in private tour.

Details

Property type

Single Family Residence

Est. home value

$460,888

Lot size

8,712 sq ft

Price per sq ft

$343

Year built

1989

Annual property taxes

$5,817

Monthly HOA fee

$48.92

Price History

01/31/2025
StellarMLS

StellarMLS #A4637932

Listed
$485,000
+2.75%
02/23/2023
StellarMLS

StellarMLS #J958057

Sold
$472,000
+65.61%
09/26/2019
StellarMLS

StellarMLS #A4432733

Sold
$285,000
+15.15%

Schools & Community

Elementary school: 

Florine J. Abel Elementary

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$100,045
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$346,155
Cash to seller
$100,045

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

Seller’s Loan History

Lender

Fairway Funding Group Inc

Loan start date

February 2023

Original loan amount

$354,000

Est. remaining balance

$346,155

Interest rate

6.48%

Loan type

New Conventional, 30 year

Seller

Sydney Kuder and Lucille K Kuder

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: 01/31/2025 at 2:05 PM

Listing updated: 01/31/2025 at 12:27 PM

Listed by: Ed French, COLDWELL BANKER REALTY Phone #: (941) 366-8070

MLS: StellarMLS #A4637932

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