tomo logo

$399,000

Beds
3
Baths
1.5
sq ft
1,260

996 Virginia Dr, Sarasota, FL 34234

996 Virginia Dr

SARASOTA, FL 34234

  • 258 days on market
    • Price drop $51,000↓
Situated West of Trail in the highly desirable Indian Beach/Sapphire Shores neighborhood, this 3 bedroom, 1.5 bath home can be renovated or replaced to achieve your dream home. Just steps away from Bayfront Park Sunsets, this property offers convenient access to downtown Sarasota Bayfront, Ringling, SRQ Airport, dining, shopping, and cultural attractions. Embrace the luxurious lifestyle and natural beauty of Sarasota with this exceptional investment, design development plans available from Milano Homes.

Details

Property type

Single Family Residence

Est. home value

$361,250

Lot size

6,320 sq ft

Price per sq ft

$317

Year built

1975

Annual property taxes

$3,916

HOA

No

Price History

11/12/2024
StellarMLS

StellarMLS #A4602357

Price change
$399,000
-11.33%
09/03/2024
StellarMLS

StellarMLS #A4602357

Price change
$450,000
-7.22%
07/17/2024
StellarMLS

StellarMLS #A4602357

Price change
$485,000
-67.12%

Schools & Community

Neighborhood: 

Indian Beach-Sapphire Shores

Elementary school: 

Emma E. Booker Elementary

Middle school: 

Booker Middle

High school: 

Booker 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

-$2,790
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$369,870
Cash to seller
-$2,790

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

Seller’s Loan History

Lender

New American Funding

Loan start date

August 2023

Original loan amount

$374,500

Est. remaining balance

$369,870

Interest rate

6.81%

Loan type

VA, 30 year

Seller

Omar Lebron and Annabelle Suarez Ramos

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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1719 Central Ave, Sarasota, FL 34234

Status: Active

Tomo last checked: 11/22/2024 at 4:50 AM

Listing updated: 11/12/2024 at 3:36 PM

Listed by: Rinat Sikdar, COLDWELL BANKER REALTY Phone #: (941) 383-6411

MLS: StellarMLS #A4602357

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