tomo logo

$799,000

Beds
3
Baths
3.0
sq ft
2,535

8350 Cypress Hollow Dr, Sarasota, FL 34238

8350 Cypress Hollow Dr

SARASOTA, FL 34238

  • 1 day on market
This beautiful Deer Creek home with great curb appeal sits on a spectacular lot with towering oaks and provides a tranquil setting, privacy, and lake views. The home feels much larger than its 2500+ sf with vaulted ceilings, numerous windows with plantation shutters though out and light streaming in from all directions. There are three bay windows adding a special architectural feel to the home. Enter thru the dramatic foyer to an open plan with neutral 18” tile, vaulted ceilings and sliders opening to the pool. The open plan flows into the kitchen and family room. The bay window in the breakfast nook overlooks the pool and lake. The spacious kitchen has a brand new black stainless LG 23 French door refrigerator and double oven. Glass cook top and range hood. The family room fireplace is surrounded by display shelving, and a wall of sliders opens to the pool. In the primary bedroom there is a seating area with a bay window, French doors opening to the pool and walk in closet with built-ins. The primary bath has a remodeled shower with dual shower heads and double glass doors, and a modern jetted tub and dual vanities. The den/ office also has a bay window and closet with built ins. The split plan design ensures privacy for owners and guests. The pool has been resurfaced with Pebble Tec and has an electric heater, there is a separate full pool bath off the lanai. New AC in 2020. Impact quality garage door and side garage door in 2019. Deer Creek is a centrally located community on Palmer Ranch with winding tree lined streets, preserve areas and numerous lakes. It offers gated 24-Hour security and an active social calendar, with reasonable HOA fees and no CDD. Located only 5 miles from the world-famous Siesta Key Beach, it provides access to variety of great dining spots, shopping options, golf courses, the Legacy Trail, Potter Park and more.

Details

Property type

Single Family Residence

Est. home value

$776,627

Lot size

0.29 acres

Price per sq ft

$316

Year built

1990

Annual property taxes

$4,638.46

Monthly HOA fee

$181.33

Price History

11/04/2024
StellarMLS

StellarMLS #A4627363

Listed
$799,000
+113.07%
10/30/2012
StellarMLS

StellarMLS #A3963377

Sold
$375,000
+10.29%
10/07/2009
StellarMLS

StellarMLS #A3903505

Sold
$340,000

Schools & Community

Neighborhood: 

Vamo

Elementary school: 

Gulf Gate Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Community features: 

Gated, 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

$518,953
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$216,127
Cash to seller
$518,953

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

Seller’s Loan History

Lender

Msc Mortgage Llc

Loan start date

October 2012

Original loan amount

$300,000

Est. remaining balance

$216,127

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Stewart B Stevens and Marilyn J Stevens

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?

Status: Active

Tomo last checked: 11/05/2024 at 5:55 AM

Listing updated: 11/04/2024 at 3:18 PM

Listed by: June Howell, MICHAEL SAUNDERS & COMPANY Phone #: (941) 966-8000

MLS: StellarMLS #A4627363

StellarMLS logo

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