tomo logo

$395,000

Beds
5
Baths
4.0
sq ft
2,962

1015 Linden Rd, Venice, FL 34293

1015 Linden Rd

VENICE, FL 34293

  • 16 days on market
Motivated Seller! Priced to Sell As-Is! This property is an excellent opportunity for first-time homebuyers with large families (FHA-203K eligible) and also presents great potential for investors. Please schedule your appointment 24 hours in advance—don’t miss out on this chance! All offers are welcome! The property requires rehabilitation but has significant potential. It includes a spacious In-Law suite (1 bedroom, 1 bathroom) that can be rented out immediately for investors. Seize this fantastic opportunity! Investors are advised to perform their due diligence for verification. All information is deemed accurate but must be independently verified.

Details

Property type

Single Family Residence

Est. home value

$494,120

Lot size

0.37 acres

Price per sq ft

$134

Year built

1962

Annual property taxes

$2,833.23

HOA

No

Price History

11/07/2024
StellarMLS

StellarMLS #O6255322

Listed
$395,000
-0.5%
04/12/2024
StellarMLS

StellarMLS #A4603542

Removed
$397,000
04/04/2024
StellarMLS

StellarMLS #A4603542

Price change
$397,000
-1.98%

Schools & Community

Elementary school: 

Venice Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior 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

$188,726
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$174,674
Cash to seller
$188,726

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2016

Original loan amount

$213,150

Est. remaining balance

$174,674

Interest rate

3.58%

Loan type

VA, 30 year

Seller

Harold K Fegley and Julia Ann Fegley

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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1642 Banyan Dr, Venice, FL 34293

Status: Active

Tomo last checked: 11/22/2024 at 7:35 PM

Listing updated: 11/08/2024 at 6:52 AM

Listed by: Tenisha Williams, ELITE REALTY PARTNERS, INC. Phone #: (954) 990-7526

MLS: StellarMLS #O6255322

StellarMLS logo

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