Ranch home in SARASOTA, FL
This Ranch home in SARASOTA, FL offers 3 bedrooms and 2 bathrooms across 1,456 square feet. It sits within the greater Sarasota, FL area.
| Price | $409,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1456 |
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| Architectural style | Ranch (47% match) |
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| Address | 1551 GEORGETOWNE LANE, SARASOTA, FL 34232 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced in line with the area.
- At $409K, this home is 2% below the $416K median for 280 similar Ranch homes in Sarasota, FL.
- That works out to $281 per square foot, 3% above the $272 comparable rate.
- On the market 71 days, longer than usual here, so the seller may be open to offers.
| This home | $409,000 |
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| Ranch median in Sarasota, FL | $415,935 (280 homes) |
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| Price per sq ft | $281 vs. $272 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,702/month with 20% down at a 7.28% 30-year fixed rate. You would need about $115,812 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,239/mo |
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| Property tax (new-buyer reassessed rate) | $310/mo |
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| Homeowners insurance | $153/mo |
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| Total monthly | $2,702/mo |
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| Down payment (20%) | $81,800 |
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| Income needed | $115,812/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B+ (78 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B+ (78/100) |
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| Beats renting in | 44% of modeled paths |
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| Modeled 5-yr equity (median) | $257,460 |
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| Range (10th to 90th pct) | $167,800 to $363,811 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow