tomo logo

$139,900

Beds
1
Baths
2.0
sq ft
1,152

115 Cherrywood Dr, Lake Wales, FL 33898

115 Cherrywood Dr

LAKE WALES, FL 33898

  • 121 days on market
Potential, potential, potential. Current owner has begun to remodel this home. The living room, hallway and primary bedroom and bathroom have all been modernized. There is no flooring throughout the home and where needed, new sub-flooring. The back of the home is now one huge primary owner's suite with a large bedroom, bathroom and huge walk-in closet turning this 2 bedroom into a grand 1 bedroom home. The kitchen does have older appliances and cabinetry but is still working. This home also features a large Florida room. The owner added plumbing to this room and was going to make it another ensuite bedroom/bathroom however, the work was not completed. So...if you want a second bedroom with an ensuite bathroom, a little drywall, vanity and sink and a mini-split and you have your second bedroom. This home is located in Twin Fountains, a 55+ community where you own the land. That's right, there is no lot rent. HOA fee includes water, sewer, lawn maintenance, cable and internet as well as use of the pool, clubhouse and shuffleboard. This is a great little community and with just a little bith of work, this home can look brand new. Schedule your showing today!

Details

Property type

Mobile Home

Type

Double Wide

Est. home value

$95,957

Lot size

4,613 sq ft

Price per sq ft

$122

Year built

1974

Annual property taxes

$1,086.17

Monthly HOA fee

$180

Price History

08/24/2024
StellarMLS

StellarMLS #P4931734

Listed
$139,900
+74.88%
09/27/2021
StellarMLS

StellarMLS #P4917168

Sold
$80,000
+6.67%
11/06/2020
StellarMLS

StellarMLS #P4912946

Sold
$75,000
+47.06%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Pool

Senior community center: 

Yes

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

South State Bank Na

Loan start date

September 2021

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

2.1%

Loan type

Commercial, 15 year

Seller

Katherine Frances Formella and Daniel P Formella

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: 12/22/2024 at 9:35 PM

Listing updated: 08/24/2024 at 10:29 AM

Listed by: Chris Loschiavo, RE/MAX HERITAGE PROFESSIONALS Phone #: (863) 256-2188

MLS: StellarMLS #P4931734

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