tomo logo

$1,400,000

Beds
4
Baths
3.0
sq ft
2,909

949 Suncrest Ln, Englewood, FL 34223

949 Suncrest Ln

ENGLEWOOD, FL 34223

  • 27 days on market
    • Price drop $100,000↓
LOCATION!! LOCATION!! LOCATION!! This property will not disappoint! Beautiful unobstructed views with amazing sunsets and Panoramic views of Lemon Bay and neighboring Lemon Bay Park. Private end of cul-de-sac home with 250 feet of seawall directly on Lemon Bay to the south and canal to the west. See the dolphins? Direct access to the intercoastal waterway. Out back is a 10,000 lb boat lift and in-ground saltwater pool. Pool is holding water. Currently being sold as-is, this property offers a ton of potential: structure can be preserved to renovate to your taste or Build your dream home on this private waterfront lot and save on impact fees. Circular driveway. Damage from hurricane. Amazing opportunity on one of best lots you will ever see.

Details

Property type

Single Family Residence

Est. home value

$1,859,974

Property condition

Fixer

Lot size

0.29 acres

Price per sq ft

$482

Year built

1975

Annual property taxes

$18,336.18

HOA

No

Price History

10/31/2024
StellarMLS

StellarMLS #A4627034

Price change
$1,400,000
-6.67%
10/27/2024
StellarMLS

StellarMLS #A4627034

Listed
$1,500,000
-18.92%
02/28/2022
StellarMLS

StellarMLS #D6120396

Sold
$1,850,000
+146.67%

Schools & Community

Elementary school: 

Englewood Elementary

Middle school: 

L.A. Ainger Middle

High school: 

Lemon Bay 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

-$113,363
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$1,401,363
Cash to seller
-$113,363

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

February 2022

Original loan amount

$1,480,000

Est. remaining balance

$1,401,363

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Ed Massaro

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: 11/23/2024 at 2:40 AM

Listing updated: 11/17/2024 at 6:48 PM

Listed by: Anna Lee Williams, SHOWTIME REALTY Phone #: (941) 822-0890

MLS: StellarMLS #A4627034

StellarMLS logo

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