tomo logo

$620,000

Beds
4
Baths
2.0
sq ft
2,066

1116 Jacob Way, Odessa, FL 33556

1116 Jacob Way

ODESSA, FL 33556

  • <1 day on market
    • Open house Mar 16
Ivy Lake Estates ... 4 bedroom 2 bath Pool Home with INCREDIBLE UPGRADES! As you drive up notice the roof & exterior paint, new the end of 2023. Seller has upgraded the landscaping with numerous palms & landscape lighting in the front and backyard! New interior paint ... including the ceilings. Upgrades include new wide baseboards and new upgraded door trim, new interior doors, new kitchen with upgraded cabinets with pull out shelving & wide crown molding, subway tile backsplash, new gas cook top with pot filler faucet, new stainless range hood, built-in convection wall oven, built-in microwave, and ice machine. Upgraded kitchen faucet turns on by touching. There are also beautiful quartz counters with waterfall edge & new pendant lights over the breakfast bar. Walls have been removed opening up kitchen to family room. Hall bath has been remodeled with new shower with upgraded wall and floor tile and beautiful sliding shower doors. The commode has been replaced and there are new quartz counters. There are also new cabinets and quartz counters in the laundry room. This home features a 3-way split floor plan with primary bedroom on opposite side of home allowing for privacy. The primary suite features a barn door leading to the primary bath. Bath upgrades include raised vanity with quartz counters & dual sinks, garden tub with separate shower and upgraded shower door, framed mirrors, and plumbing fixtures. There is a glass block window allowing an abundance of natural light! There is a walk-in closet with upgraded Elfa organizing system. All closets feature Elfa custom shelving. Primary suite also has a French door leading to the lanai pool/spa area. There are plantation shutters throughout the house with the exception of the sliding door off family room (plantation shutters are on order for French doors in the primary bedroom), the recessed can lights have been replaced with modern LED cans that change tones. All light switches and smoke detectors are new. Sellers have added a water softener filtration system & most rooms have fans. Sliding glass doors lead from the family room to a gorgeous heated pool and spa. The pavered pool deck and screen enclosure have been increased in size! They have also added a open pavered deck for sunning! Most of the pool equipment has been replaced and an electric heat pump has been added for the pool/spa. The pool manifolds been replaced, pool can be controlled by app on cell phone so spa can be heated by the time you get home from work. Notice the palm trees that have been added ... feel like you are on vacation without leaving home. There is a storage room in the front of the garage and a laundry tub has been added. New attic stairs have been added and the garage floor has an upgraded epoxy coating. Other upgrades include a nest thermostat and Google door bell! Ivy Lakes Estates is gated and has great access to the the Suncoast Parkway making it an easy commute to Tampa International Airport, shopping, dining & more! Located close to the Premium Outlet Mall and Wireglass Mall!! Ivy Lakes has 2 parks, basketball court, & picnic pavilion!

Details

Property type

Single Family Residence

Est. home value

$539,582

Lot size

7,421 sq ft

Price per sq ft

$301

Year built

2003

Annual property taxes

$7,510.26

Monthly HOA fee

$116.33

Price History

03/14/2025
StellarMLS

StellarMLS #TB8360687

Listed
$620,000
+14.5%
09/01/2023
StellarMLS

StellarMLS #T3459299

Sold
$541,500
+5.97%
05/05/2022
StellarMLS

StellarMLS #U8155230

Sold
$511,000
+152.97%

Schools & Community

Elementary school: 

Bexley Elementary School

Middle school: 

Charles S. Rushe Middle-PO

High school: 

Sunlake High School-PO

Community features: 

Gated, Park, Playground, Sidewalks

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

$250,577
Asking price
$620,000
Closing costs (~8% of asking)
-$49,600
Est. remaining loan balance
-$319,823
Cash to seller
$250,577

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

Seller’s Loan History

Lender

Van Dyk Mortgage Corp

Loan start date

August 2023

Original loan amount

$324,900

Est. remaining balance

$319,823

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Milton Cobo and Daleena R Cobo

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: 03/15/2025 at 1:00 AM

Listing updated: 03/14/2025 at 10:08 PM

Listed by: Kathy Muscatell, KELLER WILLIAMS TAMPA PROP. Phone #: (813) 264-7754

MLS: StellarMLS #TB8360687

StellarMLS logo

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