tomo logo

$279,900

Beds
3
Baths
1.5
sq ft
1,117

1212 8th St W, Palmetto, FL 34221

1212 8th St W

PALMETTO, FL 34221

  • 172 days on market
    • Price drop $10,000↓
For added value & assistance to first-time homebuyers, sellers will entertain FHA offers. Situated near the Palmetto Historical District, short distance to dining and shopping and nearby beautiful Emerson Point Preserve, this charming home combines timeless appeal with modern conveniences. Inside the home, you will find three freshly-painted cozy bedrooms, new carpet in second bedroom, and 1.5 bathrooms, providing a comfortable living space for families or individuals. The heart of the home is the updated kitchen with stainless steel appliances including brand new dishwasher and eat-in kitchen. The home’s layout includes a sunlit living room that serves as a warm and welcoming gathering spot. The cute sunroom overlooking the backyard offers a tranquil retreat, perfect for enjoying a book, sipping coffee, or simply soaking up natural light throughout the day. This home also has in-home laundry, providing added convenience and ease to daily chores. The oversized yard is well-shaded with mature oaks just professionally trimmed. The yard is complete with firepit and is perfect for outdoor activities, gardening, or entertaining, offering endless possibilities for relaxation and recreation. A large shed in the backyard offers ample storage or potential for a workshop, adding to the property's versatility. The home also features solar panels on roof for an amazing savings in electrical costs!

Details

Property type

Single Family Residence

Est. home value

$279,569

Lot size

0.25 acres

Price per sq ft

$251

Year built

1950

Annual property taxes

$3,324

HOA

No

Price History

10/27/2024
StellarMLS

StellarMLS #A4610982

Price change
$279,900
-3.45%
10/03/2024
StellarMLS

StellarMLS #A4610982

Listed
$289,900
09/21/2024
StellarMLS

StellarMLS #A4610982

Removed
$289,900

Schools & Community

Elementary school: 

Palmetto Elementary-MN

Middle school: 

Lincoln Middle

High school: 

Palmetto 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

$71,024
Asking price
$279,900
Closing costs (~8% of asking)
-$22,392
Est. remaining loan balance
-$186,484
Cash to seller
$71,024

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

June 2021

Original loan amount

$201,286

Est. remaining balance

$186,484

Interest rate

3.04%

Loan type

FHA, 30 year

Seller

Lewis Baxter Iii and Paige Lansky

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: 11/08/2024 at 7:45 AM

Listing updated: 11/07/2024 at 12:17 AM

Listed by: Sarah Zupa, WAGNER REALTY Phone #: (941) 727-2800

MLS: StellarMLS #A4610982

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