tomo logo

$610,000

Beds
3
Baths
2.0
sq ft
1,707

7424 Ridge Rd, Sarasota, FL 34238

7424 Ridge Rd

SARASOTA, FL 34238

  • 61 days on market
    • Price drop $15,000↓
One or more photo(s) has been virtually staged. SECOND PRICE REDUCTION!! Lovely 3BR/2BA pool home located in Stonebridge on Palmer Ranch. Newly painted inside and out. All on one floor ranch with open floor plan. The Lennox HVAC is two years new and the Rheem hot water heater is 3 years new. The home features new impact windows, Crown molding and new 5 ½ inch baseboards and 17 ½ by 17 ½ inch ceramic tile on the diagonal throughout house. Granite countertops in kitchen and bathrooms. Wood cabinetry in kitchen and bathrooms. Reverse osmosis water system is under the kitchen counter sink. Laundry room off the kitchen has a Whirlpool washer and dryer with wire shelving above and a utility tub and a large storage closet. Whole house water filtration system. New brass door hardware on all the doors. Private preserve behind the pool cage. The pool was re-surfaced in 2019 with Stonescapes mini-pebbles in the color Aqua Cool. The garage floor has been newly re-painted. The home has been professionally re-plumbed. New 5 inch gutters around the entire house. Re-claimed water is used for landscaping. Low HOA Fees in Stonebridge – only $362.00 quarterly. Large community pool at entrance of the subdivision. Stonebridge is a wonderful community with sidewalks, street lights and all Sarasota county schools pick up with the school buses at the front entrance. 26 mile Legacy Trail is near-by for walking and biking. COSTCO is 5 minutes away as is the state-of-the-art Core SRQ gym and lots of restaurants and shopping. Just 12 minutes to Siesta Key Beach – voted #1 beach in the country! Don’t miss out on seeing this move in ready beautiful home!

Details

Property type

Single Family Residence

Est. home value

$619,796

Lot size

8,520 sq ft

Price per sq ft

$358

Year built

1997

Annual property taxes

$5,653.74

Monthly HOA fee

$120.67

Price History

10/10/2024
StellarMLS

StellarMLS #A4621143

Price change
$610,000
-2.4%
09/08/2024
StellarMLS

StellarMLS #A4621143

Price change
$625,000
-2.19%
09/03/2024
StellarMLS

StellarMLS #A4621143

Listed
$639,000
+84.15%

Schools & Community

Elementary school: 

Ashton Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Community features: 

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

$323,190
Asking price
$610,000
Closing costs (~8% of asking)
-$48,800
Est. remaining loan balance
-$238,010
Cash to seller
$323,190

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

August 2017

Original loan amount

$277,600

Est. remaining balance

$238,010

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

William Clarke Clement and Margit Elsa Clement

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?

Similar Homes Nearby

Price drop
StellarMLS
$599,000
3 bd
|
2 ba
|
1,703 sq ft
|
House

5116 Brooksbend Cir, Sarasota, FL 34238

Price drop
StellarMLS
$684,500
3 bd
|
2 ba
|
2,053 sq ft
|
House

5170 Highbury Cir, Sarasota, FL 34238

StellarMLS
$575,000
3 bd
|
2 ba
|
2,056 sq ft
|
House

5766 Maypop Cir, Sarasota, FL 34238

Status: Active

Tomo last checked: 11/03/2024 at 8:15 AM

Listing updated: 11/01/2024 at 9:30 AM

Listed by: Jay Mitchell, COLDWELL BANKER REALTY Phone #: (941) 349-4411

MLS: StellarMLS #A4621143

StellarMLS logo

Recently listed in SARASOTA