tomo logo

$245,900

Beds
3
Baths
2.0
sq ft
1,390

1108 Cedar St, Leesburg, FL 34748

1108 Cedar St

LEESBURG, FL 34748

  • <1 day on market
Affordable home in great neighborhood! 3 bedroom, 2 full baths, plus a large bonus room. Bonus room has two exterior exits, could be a setup for a in home salon, a great play room, a 2nd living room, or a great workout space. Inside laundry. Terrazzo flooring seems to be under most of the flooring. Ceiling fans and built-ins. All appliances included, including the washer and dryer. Large screened in porch in rear and 1 car carport. Spacious backyard, perfect for family fun! Room for RV or boat storage. NO HOA. In walking distance to downtown Leesburg which has many restaurants, bars, park, festivals, farmers market, bike fest, car shows, coffee shops, and boutiques. Also, just moments away from 2 public boat ramps, one ramp to Lake Griffin and the other to Lake Harris. Venetian Gardens is also a local highlight with beautiful park with walking paths and bridges. Also, brand new lakefront restaurant Ski Beach. Only 25 minutes to The Villages, 20 minutes to Tavares, and only 30 minutes to downtown Mount Dora. So much to offer and a great location! Bring your boat, and RV!! Call today for a private tour!

Details

Property type

Single Family Residence

Est. home value

$249,819

Lot size

0.25 acres

Price per sq ft

$177

Year built

1956

Annual property taxes

$1,733.47

HOA

No

Price History

03/13/2025
StellarMLS

StellarMLS #G5094169

Listed
$245,900
+64.48%
11/20/2017
StellarMLS

StellarMLS #O5526071

Sold
$149,500
+15%
10/15/2008
StellarMLS

StellarMLS #G4628066

Sold
$130,000

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

$97,602
Asking price
$245,900
Closing costs (~8% of asking)
-$19,672
Est. remaining loan balance
-$128,626
Cash to seller
$97,602

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

Seller’s Loan History

Lender

Nations Lending Corp

Loan start date

November 2017

Original loan amount

$151,010

Est. remaining balance

$128,626

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Damon M Arnett and Brittany N Arnett

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?

Status: Active

Tomo last checked: 03/14/2025 at 11:05 AM

Listing updated: 03/14/2025 at 6:54 AM

Listed by: Nancy McCloskey, WATSON REALTY CORP Phone #: (352) 536-6530

MLS: StellarMLS #G5094169

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