tomo logo

$215,000

Beds
3
Baths
2.0
sq ft
1,380

1049 Edith Ave, Lakeland, FL 33805

1049 Edith Ave

LAKELAND, FL 33805

  • 50 days on market
Short Sale. ** Discover the incredible potential of 1049 Edith Ave in the heart of Lakeland! This 3-bedroom, 2-bath block home boasts a spacious layout with prior upgrades that include luxury wood plank vinyl flooring, modern concept kitchen, and a thoughtfully designed open-concept family room and kitchen. While recently affected by flooding, this property sits in a high and dry "X" flood zone, presenting a unique renovation opportunity for a buyer with vision. Imagine building upon the previous upgrades to create an inviting modern space. Mold remediation may be required, but the home’s solid bones and stylish enhancements provide an ideal starting point. Located near an assortment of shops, restaurants, and parks, this home blends convenience with tremendous potential. Embrace the opportunity to customize and elevate this charming property—schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$267,366

Lot size

7,789 sq ft

Price per sq ft

$156

Year built

1994

Annual property taxes

$1,266.34

HOA

No

Price History

11/04/2024
StellarMLS

StellarMLS #TB8317063

Listed
$215,000
-22.52%
08/31/2023
StellarMLS

StellarMLS #T3461012

Sold
$277,500
+296.43%
01/04/2022
StellarMLS

StellarMLS #T3337211

Sold
$70,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

-$66,133
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$263,933
Cash to seller
-$66,133

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

Seller’s Loan History

Lender

Van Dyk Mortgage Corp

Loan start date

August 2023

Original loan amount

$267,385

Est. remaining balance

$263,933

Interest rate

6.96%

Loan type

FHA, 30 year

Seller

Rebecca Crawd

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: 12/23/2024 at 10:35 PM

Listing updated: 11/05/2024 at 6:54 AM

Listed by: Frank Malowany III, LLC, SEA GLASS FLORIDA PROPERTIES Phone #: (727) 295-8330

MLS: StellarMLS #TB8317063

StellarMLS logo

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