tomo logo

$219,900

Beds
2
Baths
2.0
sq ft
941

7294 Cloister Dr Unit 8, Sarasota, FL 34231

7294 Cloister Dr Unit 8

SARASOTA, FL 34231

  • 66 days on market
    • Price drop $10,000↓
HURRY CALL NOW PRIME GULF GATE LOCATION!! Discover the perfect blend of comfort and convenience with this Spacious 2-bedroom, 2-bathroom first-floor condo. It includes an interior laundry room, lanai, and covered parking. The large primary bedroom features an updated en suite bathroom and a walk-in closet. The modern kitchen is equipped with elegant wood cabinetry, granite countertops, and ample storage space. Carrington Place is an intimate community of just 35 residences, offering a heated pool, a clubhouse, covered parking, and an elevator for seamless access to upper floors. With a brand-new roof installed in February 2023, and a Structural Integrity Reserve Study completed this community provides worry-free living for years to come.

Details

Property type

Condominium

Est. home value

$221,493

Lot size

1.36 acres

Price per sq ft

$234

Year built

1987

Annual property taxes

$2,077

HOA

Yes

Price History

01/31/2025
StellarMLS

StellarMLS #A4630090

Price change
$219,900
-4.35%
12/19/2024
StellarMLS

StellarMLS #A4630090

Listed
$229,900

Schools & Community

Neighborhood: 

Gulf Gate Estates

Elementary school: 

Gulf Gate Elementary

Middle school: 

Brookside Middle

High school: 

Riverview High

Community features: 

Clubhouse, Pool, 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

$115,344
Asking price
$219,900
Closing costs (~8% of asking)
-$17,592
Est. remaining loan balance
-$86,964
Cash to seller
$115,344

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

Seller’s Loan History

Lender

Accredited Home Lenders Inc

Loan start date

June 2007

Original loan amount

$137,700

Est. remaining balance

$86,964

Interest rate

6.17%

Loan type

Not Provided, 30 year

Seller

Cynthia M Masse

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: 02/22/2025 at 9:35 PM

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

Listed by: Jason Bartholomew, REAL ESTATE MARKET CENTER Phone #: (941) 922-4800

MLS: StellarMLS #A4630090

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