tomo logo

$723,000

Beds
3
Baths
2.0
sq ft
1,567

7348 Phillips St, Sarasota, FL 34243

7348 Phillips St

SARASOTA, FL 34243

  • 76 days on market
    • Price drop $1,900↓
REDUCED PRICE!! Spacious pool home with large fenced yard located on a quiet road with beautiful mature landscaping. New LVP flooring throughout this open floor plan. Great home for entertaining! With just a 7 minute drive from the Sarasota Bradenton International Airport, you and your guests can walk just a couple blocks to enjoy a beautiful sunset over Sarasota Bay or take a short drive to all the area's entertainment such as the Ringling Museum, shopping and dining at St. Armand's Circle, kayaking through the mangroves in Lido Key or spend the day at the famous Siesta Key Beach!

Details

Property type

Single Family Residence

Est. home value

$422,926

Lot size

0.31 acres

Price per sq ft

$462

Year built

1962

Annual property taxes

$4,851.85

HOA

Yes

Price History

06/27/2024
StellarMLS

StellarMLS #A4608042

Price change
$723,000
-0.26%
06/11/2024
StellarMLS

StellarMLS #A4608042

Price change
$724,900
-0.69%
06/04/2024
StellarMLS

StellarMLS #A4608042

Price change
$729,900
-1.36%

Schools & Community

Neighborhood: 

Whitfield

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$510,146
Asking price
$723,000
Closing costs (~8% of asking)
-$57,840
Est. remaining loan balance
-$155,014
Cash to seller
$510,146

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

Seller’s Loan History

Lender

Park Natl Bank Of Sw Ohio & N Kentucky

Loan start date

June 2017

Original loan amount

$180,000

Est. remaining balance

$155,014

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

James G Muench

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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7519 Westmoreland Dr, Sarasota, FL 34243

Status: Active

Tomo last checked: 07/05/2024 at 10:05 PM

Listing updated: 06/27/2024 at 2:40 PM

Listed by: Dawn Lieber, SARASOTA LAND AND HOMES LLC Phone #: (941) 320-6687

MLS: StellarMLS #A4608042

StellarMLS logo

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