tomo logo

$545,000

Beds
4
Baths
3.0
sq ft
1,985

1075 8th St NW, Winter Haven, FL 33881

1075 8th St NW

WINTER HAVEN, FL 33881

  • 118 days on market
    • Price drop $4,500↓
Price Adjustment and $4000 Seller Concession to Buyer. Gorgeous 4 Bedroom, 3 Bathroom, Single Family Home with 2 In-Law Apartments, on a huge lot, in the heart of historic Winter Haven. The photos don't lie. This is one beautiful and spacious home offering amazing options few other homes do. It has been completely and beautifully remodeled to modern standards from the roof down to the flooring. If you wish, you can lock an interior door or two and your home transforms into as many as 3 separate living spaces. Two of the bedrooms, which each have separate outside entry doors, can turn into separate In-Law Suites or Rental Units simply by locking the interior doors connecting to the main home. These two recently created Suites also feature their own private full bathrooms and euro-style kitchen areas. For all year enjoyment, there is a fabulous Screened Porch, an Attached Garage with an Automatic Door Opener, and an interior Laundry Room. This home not only looks fantastic, it has also been mechanically updated. The Roof is only 4 years old, Gutters have been installed, the home has been completely replumbed with ultra-modern PEX piping, the Electric Main Panel and Sub-Panels have been recently replaced, the Windows and Exterior Doors have been recently replaced, the Appliances are newer, and there is a newer storage shed mounted to a concrete slab in the back yard. Speaking of the huge yard, the owners have had professional plans drafted for a 2 Bedroom, 1 Bath, Auxiliary Dwelling Unit which is designed to fit comfortably in a portion of the oversized back yard. Need more motivation? Imagine living nestled Lake Howard, Lake Mirror, Spring Lake, Lake Silver and Lake Cannon. And enjoy having every entertainment, shopping, dining, and service option just a few blocks away as well.

Details

Property type

Single Family Residence

Est. home value

$343,020

Lot size

0.33 acres

Price per sq ft

$275

Year built

1956

Annual property taxes

$2,338.13

HOA

No

Price History

10/07/2024
StellarMLS

StellarMLS #T3540117

Price change
$545,000
-0.82%
09/04/2024
StellarMLS

StellarMLS #T3540117

Price change
$549,500
-0.09%
07/10/2024
StellarMLS

StellarMLS #T3540117

Listed
$550,000
+130.13%

Schools & Community

Elementary school: 

Inwood Elem

Middle school: 

Stambaugh Middle

High school: 

Winter Haven Senior

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

$374,954
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$126,446
Cash to seller
$374,954

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

Seller’s Loan History

Lender

Ross Mortgage Company Inc

Loan start date

August 2020

Original loan amount

$139,000

Est. remaining balance

$126,446

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Manuel Cancio and Pedro P Sangil

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: 11/05/2024 at 9:05 AM

Listing updated: 10/15/2024 at 2:23 PM

Listed by: Jim Knetsch, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #T3540117

StellarMLS logo

Recently listed in WINTER HAVEN