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$264,900

Beds
2
Baths
2.0
sq ft
1,000

10740 W Spring Cir, Crystal River, FL 34428

10740 W Spring Cir

Crystal River, FL 34428

  • 3 days on market
ATTENTION INVESTORS - MOTIVATED SELLER! This 2-bedroom, 2-bathroom home in Crystal River is being sold as-is, offering a fantastic opportunity for renovation and value-add potential. With approximately 1,000 sq. ft. of living space, this property is ready for a transformation into a great short term vacation rental, flip, or long-term investment. This property has a solid foundation and is located in an established neighborhood, with easy access to local amenities, Crystal River water-sports, public boat launch right across the street with access to King's Bay and the Gulf. Hiking trails, bird sanctuary, biking trails and 2 state parks are within walking distance. Home did flood during Hurricane Helene. No repairs have been done. With the right updates, this property could be a strong income-generating asset or a profitable resale. Don’t miss out on this opportunity in a prime location! Area is approved for short-term rentals!

Details

Property type

Single Family Residence

Est. home value

$174,968

Lot size

9,048 sq ft

Price per sq ft

$265

Year built

1972

Annual property taxes

$1,537.75

HOA

No

Price History

02/19/2025
CitrusCounty

CitrusCounty #841869

Listed
$264,900
-0.04%
04/02/2024
CitrusCounty

CitrusCounty #830993

Removed
$265,000
03/01/2024
CitrusCounty

CitrusCounty #830993

Price change
$265,000
+10.88%

Schools & Community

Elementary school: 

Crystal River Primary

Middle school: 

Crystal River Middle

High school: 

Crystal River 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

$176,497
Asking price
$264,900
Closing costs (~8% of asking)
-$21,192
Est. remaining loan balance
-$67,211
Cash to seller
$176,497

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

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

August 2006

Original loan amount

$108,000

Est. remaining balance

$67,211

Interest rate

6.78%

Loan type

Not Provided, 30 year

Seller

Karen E Burns

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: 02/23/2025 at 9:35 AM

Listing updated: 02/19/2025 at 4:30 PM

Listed by: Shannon Lee, Century 21 Nature Coast Phone #: (352) 795-0021

MLS: CitrusCounty #841869

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