tomo logo

$399,000

Beds
3
Baths
2.0
sq ft
1,231

772 Locklear Ave, Sarasota, FL 34237

772 Locklear Ave

SARASOTA, FL 34237

  • Pending
    • Price drop $26,000↓
Under contract-accepting backup offers. Turnkey Furnished and AirBnB ready. This home is in a prime location in the heart of Sarasota and is perfectly situated just 10 minutes from the vibrant Downtown Sarasota and a relaxing 20-minute drive to the pristine sands of Lido Key. Enjoy the best of both worlds with easy access to world-class dining, shopping, and entertainment, while still being able to escape to the beach or golf course whenever you desire. Inside, you'll find a well-maintained property boasting modern cabinets, stylish countertops, and attractive flooring. The home is ready to welcome guests and generate income as an Airbnb or just you! Don't miss this chance to own a property in a prime location with excellent investment potential! NO HOA or CDD!

Details

Property type

Single Family Residence

Est. home value

$446,277

Lot size

8,097 sq ft

Price per sq ft

$325

Year built

1995

Annual property taxes

$4,400.87

Price History

09/08/2024
StellarMLS

StellarMLS #A4618902

Pending
$399,000
08/29/2024
StellarMLS

StellarMLS #A4618902

Price change
$399,000
-6.12%
08/01/2024
StellarMLS

StellarMLS #A4618902

Listed
$425,000
+170.7%

Schools & Community

Elementary school: 

Alta Vista Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota 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

$253,589
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$113,491
Cash to seller
$253,589

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

Seller’s Loan History

Lender

Homestead Funding Corp

Loan start date

February 2015

Original loan amount

$143,066

Est. remaining balance

$113,491

Interest rate

3.8%

Loan type

VA, 30 year

Seller

Walter L Abrams

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: Pending/Under Contract

Tomo last checked: 09/16/2024 at 3:50 PM

Listing updated: 09/08/2024 at 4:53 PM

Listed by: Nicholas Rapisardi, SIMPLIHOM Phone #: (941) 735-0244

MLS: StellarMLS #A4618902

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