tomo logo

$124,500

Beds
2
Baths
2.0
sq ft
938

1112 W Main St Unit E7, Leesburg, FL 34748

1112 W Main St Unit E7

LEESBURG, FL 34748

  • 44 days on market
    • Price drop $5,500↓
Some photos are virtually staged. 2 bedroom 2 bath Condo in Downtown Leesburg. Discover the perfect blend of convenience and affordability with this 2nd Floor, End-Unit Condo in the heart of downtown Leesburg. Whether you're a professional working nearby, a student seeking a smart alternative to renting, or an investor looking for a great opportunity, this property checks all the boxes. Features you'll love: Recently updated and freshly painted--move-in ready, No popcorn ceiling for a modern look, new remote-control ceiling fans with LED lighting in both bedrooms and the living room, durable tile and LVP flooring (no carpet), and a well equipped kitchen with granite countertops and ample cabinetry. Additional conveniences include: Water included in the HOA--one less bill to worry about, a private assigned covered parking space, and onsite laundry facilities for easy living. For investors, this is a fantastic opportunity with high affordability and immediate ROI potential. The property is easily rentable, making it a smart addition to your portfolio. Why rent when you can own? Gain equity while enjoying the unbeatable walkability of downtown Leesburg--perfect for work, school, and leisure. Call today for a private showing or schedule a FaceTime tour if you're out of town. This gem won't last long.

Details

Property type

Condominium

Est. home value

$111,518

Lot size

989 sq ft

Price per sq ft

$133

Year built

1973

Annual property taxes

$574.02

HOA

Yes

Price History

02/11/2025
StellarMLS

StellarMLS #G5091099

Price change
$124,500
-4.23%
01/10/2025
StellarMLS

StellarMLS #G5091099

Listed
$130,000
+124.14%
03/23/2020
StellarMLS

StellarMLS #G5025540

Sold
$58,000
+20.83%

Schools & Community

Elementary school: 

Leesburg Elementary

Middle school: 

Oak Park Middle

High school: 

Leesburg High

Community features: 

Pool

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

$64,014
Asking price
$124,500
Closing costs (~8% of asking)
-$9,960
Est. remaining loan balance
-$50,526
Cash to seller
$64,014

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

March 2020

Original loan amount

$56,260

Est. remaining balance

$50,526

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Olivia Renee Simmons

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 4:20 AM

Listing updated: 02/19/2025 at 3:39 PM

Listed by: Patrick Shores, COLDWELL BANKER VANGUARD LIFESTYLE REALTY Phone #: (800) 948-0938

MLS: StellarMLS #G5091099

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