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$350,000

Beds
6
Baths
3.0
sq ft
3,462

1116 W Line St, Leesburg, FL 34748

1116 W Line St

LEESBURG, FL 34748

  • 432 days on market
    • Price drop $49,000↓
FIXER UPPER HISTORICAL(1927) *POOL HOME* WITH ADDITIONAL *LOT* IN THE CITY OF LEESBURG. This *estate home* is a *six bedroom 3 bath* home on .48 acres(acreage includes the additional lot next to this home). The additional lot had a home demolished in the 2000's so a portion of the impact fees may already be paid. Each lot is 50x210. Opportunity awaits for the fixer upper/flipper in this historical two story home in the historical downtown Leesburg. Gorgeous wood floors, beautiful high ceilings, architecture from the 1927's that is so rare. Front porch with swing so you can sit and enjoy the beautiful large oak trees and tree shaded street. Downstairs has 3 bedrooms with large living room and kitchen while a separate stairwell leads to the upstairs where you will find another three bedrooms with a kitchen. This home was used as a boarding house so it had separate entrances. Recent plumbing PVC pipes installed. Quick closing possible.

Details

Property type

Single Family Residence

Est. home value

$393,028

Property condition

Fixer

Lot size

0.48 acres

Price per sq ft

$102

Year built

1927

Annual property taxes

$1,422.5

HOA

No

Price History

03/11/2025
StellarMLS

StellarMLS #A4597013

Price change
$350,000
-11.39%
02/06/2025
StellarMLS

StellarMLS #A4597013

Removed
$395,000
08/15/2024
StellarMLS

StellarMLS #A4597013

Price change
$395,000
-1%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citizens 1St Bank

Loan start date

April 2002

Original loan amount

$53,000

Est. remaining balance

Not provided

Interest rate

6.8%

Loan type

Credit Line (Revolving)

Seller

Judith D Bechtel

Lender

Citizens 1St Bk

Loan start date

July 2000

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

8.62%

Loan type

Credit Line (Revolving)

Seller

Judith D Bechtel

Lender

Citizens Natl Bk Leesburg

Loan start date

August 1994

Original loan amount

$25,600

Est. remaining balance

Not provided

Interest rate

8.46%

Loan type

Not Provided

Seller

Daniel R Bechtel

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: 04/01/2025 at 2:35 PM

Listing updated: 03/11/2025 at 1:50 PM

Listed by: Tammie Pickard, PA, KW COASTAL LIVING III Phone #: (941) 900-4151

MLS: StellarMLS #A4597013

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