tomo logo

$424,900

Beds
3
Baths
2.5
sq ft
1,724

8622 Palmer Park Cir, Sarasota, FL 34238

8622 Palmer Park Cir

SARASOTA, FL 34238

  • 107 days on market
    • Price drop $20,000↓
MOTIVATED SELLER! $20K PRICE IMPROVEMENT!!! Prepare to be impressed by this meticulously maintained townhome located in the Gated community of Promenade at Palmer Ranch. Built in 2018, this home features 3 bedrooms, 2.5 bathrooms, and 1724 s.f. of living space. This unit can be sold with most furniture (included in price) and shows like “brand new”, as the owners have only used it a few weeks a year since it was built, and it has never been rented. This townhome enjoys one of the best locations in the community and has a stunning preserve view with picturesque oak trees. The protected conservation view creates a relaxing and tranquil picture perfect back drop for you to enjoy right from your private screened lanai. The open concept first floor features beautiful tile flooring throughout, a powder bath for guests, and a generously sized storage closet beneath the staircase. The kitchen features granite counters – with lots of counter space, stainless steel appliances, and an oversized island with pendant lighting. Upstairs you will find an oversized master suite that overlooks the beautiful preserve view, 2 large closets, and an en-suite bathroom with dual sinks and a walk-in shower. The two additional bedrooms are both spacious, filled with natural light, and share a full bathroom featuring granite countertops. Convenient second floor laundry room with linen closet complete the space. The whole house water softener system with reverse osmosis drinking water in the kitchen helps to bring only the best and softest water right to every fixture in your home. Out your front door - just across the street - you will appreciate the convenient location of the sparkling community pool, resident pavilion (large covered entertaining space), as well as the community mailboxes. The attached one car garage, and double driveway afford ample parking options. This community offers easy access to Legacy Trail, I-75, shopping & dining options, and Siesta Key! It’s also zoned for top rated schools and features low HOA fees and no CDD fees! Move right in and start living in the heart of Palmer Ranch! Owners have done the process with FEMA and are NOT IN A FLOOD ZONE.

Details

Property type

Townhouse

Est. home value

$449,208

Lot size

1,776 sq ft

Price per sq ft

$247

Year built

2018

Annual property taxes

$4,369.11

Monthly HOA fee

$362

Price History

06/28/2024
StellarMLS

StellarMLS #A4604333

Price change
$424,900
-4.5%
05/22/2024
StellarMLS

StellarMLS #A4604333

Price change
$444,900
-1.11%
03/21/2024
StellarMLS

StellarMLS #A4604333

Listed
$449,900
+32.32%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, 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

$141,303
Asking price
$424,900
Closing costs (~8% of asking)
-$33,992
Est. remaining loan balance
-$249,605
Cash to seller
$141,303

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

April 2021

Original loan amount

$268,000

Est. remaining balance

$249,605

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Peter Seaman and Susan Mcguire

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
$445,900
3 bd
|
2.5 ba
|
1,724 sq ft
|
Townhouse

8681 Daydream St, Sarasota, FL 34238

Price drop
StellarMLS
$424,900
3 bd
|
2.5 ba
|
1,724 sq ft
|
Townhouse

8624 Stargazer St, Sarasota, FL 34238

Price drop
StellarMLS
$430,000
3 bd
|
2.5 ba
|
1,724 sq ft
|
Townhouse

8737 Daydream St, Sarasota, FL 34238

Status: Active

Tomo last checked: 07/05/2024 at 11:35 PM

Listing updated: 06/28/2024 at 1:27 PM

Listed by: Stacey Andrews, ANDREWS & ASSOCIATES REALTY Phone #: (941) 921-5999

MLS: StellarMLS #A4604333

StellarMLS logo

Recently listed in SARASOTA

$1,695,000|3 bd|3.5 ba|House
$649,900|3 bd|3.0 ba|House
$799,000|5 bd|3.0 ba|House
$420,000|3 bd|2.0 ba|House
$537,700|4 bd|2.0 ba|House
$999,000|4 bd|2.0 ba|House
$349,900|2 bd|2.0 ba|Condo