tomo logo

$400,000

Beds
2
Baths
2.0
sq ft
1,081

9027 E River Rd, Venice, FL 34293

9027 E River Rd

VENICE, FL 34293

  • 83 days on market
Fantastic opportunity to purchase the boating dream location. Almost at the end of East River Road this home is just a few lots away from the Myakka River. Privacy and relaxation is key to this location as the road ends at the Myakka River. This 2/2/2 home is located on a canal near the Myakka State Forest trail head. This property had no damage nor flooding from hurricane Helene! Plus you can easily access the booming area of Wellen Park with the amenities and stadium as soon as the back entrance is completed on River Road just 1 mile away. While many of the original homes are being replaced by much larger waterfront pool homes, this home is great as-is or can be upgraded with a second story, a pool or replaced. Original terrazzo floors throughout, upgraded kitchen with new stainless steel appliances, motion faucet, upgraded electrical panel and meter pan, new roof in 2020 and newer hot water heater. There is also a laundry room and bath under air accessible from the backyard or garage. Come see why owners love this serene area (or view 2 videos: 1 of area and 1 of home attached) and see the opportunity awaiting you!

Details

Property type

Single Family Residence

Est. home value

$320,687

Lot size

0.24 acres

Price per sq ft

$371

Year built

1960

Annual property taxes

$1,328.51

HOA

No

Price History

09/01/2024
StellarMLS

StellarMLS #N6134126

Listed
$400,000
+185.71%
06/30/2015
StellarMLS

StellarMLS #D5796204

Sold
$140,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$283,652
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$84,348
Cash to seller
$283,652

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

November 2020

Original loan amount

$100,000

Est. remaining balance

$84,348

Interest rate

2.9%

Loan type

New Conventional, 20 year

Seller

Thomas C Dilks

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: 11/22/2024 at 11:05 PM

Listing updated: 11/10/2024 at 3:09 PM

Listed by: Carole Fanelli, CENTURY 21 SCHMIDT REAL ESTATE Phone #: (941) 485-0021

MLS: StellarMLS #N6134126

StellarMLS logo

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