tomo logo

$1,175,000

Beds
4
Baths
3.0
sq ft
3,510

7980 Megan Hammock Way, Sarasota, FL 34240

7980 Megan Hammock Way

SARASOTA, FL 34240

  • 67 days on market
    • Price drop $25,000↓
Welcome to this stunning John Cannon custom home, built to withstand any storm, and perfectly nestled on a tranquil cul-de-sac within a private, gated community in Sarasota, FL. Built in 2006 and thoughtfully updated, this move-in ready residence offers over 3,500 square feet of luxurious living space. Featuring 4 spacious bedrooms, 3 beautifully appointed baths, and a versatile office/fitness room, it’s the ideal space for both relaxing and entertaining. The gourmet kitchen is a chef's dream, boasting high-end Thermador appliances, a 5-burner natural gas stove, and elegant Carrara quartz countertops. Whether you're hosting a dinner party or cooking a quiet family meal, the custom cabinetry with glass doors, soft-close drawers, and LED accent lighting add both style and function. Step outside to your own private oasis. The expansive lanai backs up to a natural preserve for ultimate privacy, complete with a PebbleTec-lined pool and a state-of-the-art outdoor kitchen—perfect for weekend barbecues or quiet evenings by the pool. The lush landscaping surrounding the home features beautiful fruit trees and orchids, creating a serene retreat right in your backyard. You'll appreciate the peace of mind that comes with a Brand New barrel tile roof with transferable warranty, high-end Trane HVAC units, and a Rheem hot water heater with recirculating pump. The recently renovated master bath offers a spa-like experience with a freestanding tub, enlarged Roman shower, and Moen fixtures. Additional highlights include a 3-car garage with workshop, low voltage landscape lighting, hurricane shutters, Bose patio speakers, and a whole-house water filtration system. Located close to Sarasota’s top shopping, dining, and beaches, this home is the perfect blend of luxury, convenience, and modern living. Schedule a private showing today to see how this exquisite home could fit your lifestyle!

Details

Property type

Single Family Residence

Est. home value

$1,034,974

Lot size

0.32 acres

Price per sq ft

$335

Year built

2006

Annual property taxes

$6,231.62

Monthly HOA fee

$133.33

Price History

12/03/2024
StellarMLS

StellarMLS #TB8311826

Price change
$1,175,000
-4.08%
10/17/2024
StellarMLS

StellarMLS #TB8311826

Listed
$1,225,000
-2%
07/14/2024
StellarMLS

StellarMLS #U8244505

Removed
$1,250,000

Schools & Community

Elementary school: 

Tatum Ridge Elementary

Middle school: 

McIntosh Middle

High school: 

Sarasota High

Community features: 

Gated, Playground

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

$1,006,785
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$74,215
Cash to seller
$1,006,785

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

June 2013

Original loan amount

$275,000

Est. remaining balance

$74,215

Interest rate

2.64%

Loan type

New Conventional, 15 year

Seller

Robert B Hudson and The Rebert B Hudson Revocable Trust

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: 12/23/2024 at 1:10 PM

Listing updated: 12/08/2024 at 3:09 PM

Listed by: Mollyana Ward, LPT REALTY, LLC Phone #: (877) 366-2213

MLS: StellarMLS #TB8311826

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