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$249,000

Beds
3
Baths
2.0
sq ft
1,232

1116 Durham Dr, Lakeland, FL 33809

1116 Durham Dr

LAKELAND, FL 33809

  • <1 day on market
Discover a great opportunity in the North Lakeland area! This 3 bedroom/2 bath partially updated home sits on a spacious .35 acres with a fenced backyard and no HOA! Featuring: New vinyl flooring in all 3 bedrooms, fresh interior paint 02/25, hot water heater 12/17, roof 2010, and new garage door 2024. While it requires some updating, which is reflected in the investment-friendly asking price. It's ideal as your next investment project or first time property ownership. (Carport in backyard does not convey) Conveniently located just minutes from I-4, shopping, dining, and schools. Contact your realtor today!

Details

Property type

Single Family Residence

Est. home value

$272,593

Lot size

0.35 acres

Price per sq ft

$203

Year built

1990

Annual property taxes

$3,393.94

HOA

No

Price History

03/21/2025
StellarMLS

StellarMLS #L4951618

Listed
$249,000
+91.69%
01/22/2016
StellarMLS

StellarMLS #T2788748

Sold
$129,900

Schools & Community

Elementary school: 

Wendell Watson Elem

Middle school: 

Lake Gibson Middle/Junio

High school: 

Lake Gibson 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

$103,839
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$125,241
Cash to seller
$103,839

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

March 2021

Original loan amount

$137,700

Est. remaining balance

$125,241

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Bruce Cumbess

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: 03/22/2025 at 12:00 AM

Listing updated: 03/21/2025 at 7:32 PM

Listed by: Blake Simpson, DREAM REALTY GROUP Phone #: (863) 450-7973

MLS: StellarMLS #L4951618

StellarMLS logo

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