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$525,000

Beds
3
Baths
2.5
sq ft
2,441

1103 116th St E, Bradenton, FL 34212

1103 116th St E

BRADENTON, FL 34212

  • 18 days on market
    • Price drop $24,000↓
This is the One! *This home features a stately covered front entrance and an exterior with charming eyebrow arches and shutters*Inside, you'll find a spacious Great Room that flows into an open Kitchen and Dining area*The Great Room is enhanced by a 10-foot tray ceiling, adding to its elegance*The Master Bedroom, accessed through a private entry foyer, ensures complete privacy from the rest of the home and includes a large walk-in closet*The Master Bedroom also boasts a beautiful tray ceiling. Additionally, there is a separate room that can be used as a Den or Study, providing extra versatility and space*

Details

Property type

Single Family Residence

Est. home value

$488,426

Lot size

7,092 sq ft

Price per sq ft

$216

Year built

2017

Annual property taxes

$6,090.8

Monthly HOA fee

$136.67

Price History

07/24/2024
StellarMLS

StellarMLS #A4616223

Price change
$525,000
-4.37%
07/08/2024
StellarMLS

StellarMLS #A4616223

Listed
$549,000

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

$308,444
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$174,556
Cash to seller
$308,444

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2018

Original loan amount

$196,500

Est. remaining balance

$174,556

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Kyle William Bernethy

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: 07/26/2024 at 3:55 AM

Listing updated: 07/24/2024 at 12:06 AM

Listed by: Dave Beachy, BEACHY PROPERTIES Phone #: (941) 371-8163

MLS: StellarMLS #A4616223

StellarMLS logo

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