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2960 Sandringham Pl
Score
78
Sarasota, FL

2960 Sandringham Pl

449K
3 bd • 2 ba • 2,205 sf

This analysis was generated on 8/30/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$449,000
+40%vs 34235
Price/Sq.Ft
$204
-3%vs 34235
Above Estimated Range
2.0% above range

Current Price

$449,000

Estimated Range

$415,000 - $440,000

$449,000
Below Market-20%
Above Market+20%

*AI analysis for entertainment only - not professional appraisal. Consult licensed professionals for property valuations.*

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

AI Suggested Range (Entertainment Only)

$425,000
AI Success Estimate:High(75%)
*Entertainment only - actual results may vary*

AI Rationale

The offer reflects the property's condition, necessary renovations, and market dynamics. The extended DOM and market downturn suggest seller motivation, increasing the likelihood of acceptance.

AI Analysis Score
78
84
Home Condition
85
Natural Light
80
Value
68
Location

*AI scoring for entertainment purposes only. Scores are subjective and not professional evaluations. Consult professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Worn Carpet
Worn Carpet

Worn Carpet

Carpet throughout the house appears worn and outdated.

Outdated Kitchen Cabinets
Outdated Kitchen Cabinets

Outdated Kitchen Cabinets

Kitchen cabinets are dated and lack modern features.

Mirrored Wall
Mirrored Wall

Mirrored Wall

The mirrored wall in the dining area is dated.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$37,000

Carpet Replacement

$12,000
High

Kitchen Remodel

$25,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

May
2020
$0Cash Purchase
May 6, 2020
From:Shirley R Varvaro
To:Shirley R Varvaro, The Shirley R Varvaro Trust
Intrafamily Transfer
Non-Arm's Length Transactions

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$449,000
-30%List: $449,000+30%
20%
$89,800of $449,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,886/year, HOA: $828/month

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$120,110
Closing Costs
+$30,310
Down Payment
$89,800
Buyer Agent Fee
$11,450
Loan Fees
$3,592
Title & Escrow
$2,694
Inspections
$900
Transfer Tax
$4,939
Prepaid Expenses
$6,735

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
239 days
vs 92 day average
This home has been listed for 239 days, while homes in this area typically sell in 92 days
Inventory Health
127
homes for sale
33 homes sold last month, indicating 3.8x more supply than demand
Price Dynamics
95.7%
of asking price
Homes typically sell for 4.3% below asking price

*Market analysis for entertainment purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$350,000
Current median price
-0.2%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests stability
Prices are down 0.0% over the last 3 months
3 Months
0.0%
6 Months
+1.4%
1 Year
-0.2%

*Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.*

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market decreasing 30.2% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$350,000
3 Months Ago
$228,500
+53.2%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$449,000
Price/sqft
$204
Layout
3 bd2 ba
Days on market
239 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$549,083

18.2%

Your price is 18.2% below average

Median Price

$580,000

22.6%

Based on 6 recent sales

Price per Sq.Ft

$270

24.6%

Your price is 24.6% below average $/sqft

Comparable Properties

5349 EVERWOOD RUN, SARASOTA, FL 34235
Price: $602,500
Sq.Ft: 1,868
Beds/Baths: 3/2
$/Sq.Ft:
$32358.4%
Sale Date: 6/11/2025
4812 GREYWOOD LANE, SARASOTA, FL 34235
Price: $665,000
Sq.Ft: 1,960
Beds/Baths: 3/2
$/Sq.Ft:
$33966.6%
Sale Date: 5/16/2025
2538 FIREFLAG LANE, SARASOTA, FL 34232
Price: $517,000
Sq.Ft: 2,324
Beds/Baths: 3/2
$/Sq.Ft:
$2229.2%
Sale Date: 3/12/2025
2100 WAWEEP COURT, SARASOTA, FL 34235
Price: $375,000
Sq.Ft: 1,944
Beds/Baths: 2/2
$/Sq.Ft:
$1935.3%
Sale Date: 3/16/2025
4848 GREYWOOD LANE, SARASOTA, FL 34235
Price: $580,000
Sq.Ft: 2,125
Beds/Baths: 3/3
$/Sq.Ft:
$27334.0%
Sale Date: 3/16/2025
2259 MIDNIGHT PEARL DRIVE, SARASOTA, FL 34240
Price: $555,000
Sq.Ft: 2,051
Beds/Baths: 3/3
$/Sq.Ft:
$27132.9%
Sale Date: 3/21/2025

Schools

Nearby school quality by education level

Elementary

4.0/10
Average

Middle

4.0/10
Average

High

3.0/10
Below Average

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 2 major, and 1 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Thoroughly inspect the ceilings and walls for water stains, especially around windows, doors, and the fireplace.

Inspect the electrical panel for proper labeling and any signs of corrosion or damage.

Check the HVAC system's age and condition. Look for signs of rust, leaks, or unusual noises. Verify the UV light is functioning.

Smell for any musty odors, which could indicate mold or mildew. Pay close attention to bathrooms, the laundry room, and the lanai.

Educational Questions

Sample questions for educational purposes

Since the home has been on the market for 239 days and had multiple pending sales fall through, can you provide more details on the buyer financing issues that caused the previous deals to terminate?

Has the air-conditioned lanai been permitted and inspected? If so, can you provide documentation?

Given the moderate fire risk and extreme wind risk, what specific measures have been taken to mitigate these risks, and what impact do these risks have on the annual insurance premium?

Are there any pending or planned special assessments by the HOA that buyers should be aware of?

Are there any known issues with pests (termites, rodents, etc.) on the property or in the Sandringham Place neighborhood?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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