tomo logo

$245,000

Beds
3
Baths
2.0
sq ft
1,302

134 Masterpiece Rd, Lake Wales, FL 33898

134 Masterpiece Rd

LAKE WALES, FL 33898

  • 46 days on market
    • Price drop $3,000↓
Welcome to this delightful 1927-built home in picturesque Lake Wales Florida, positioned near one of Florida's beautiful expansive lakes. This 1/4 acre property combines timeless vintage charm with spacious living --full of character, and ideal for those seeking a serene escape. You'll be greeted by a welcoming Florida sunroom, transitioning to an expansive living room with an eat-in kitchen--providing plenty of room for family and guests. The home offers 3 bedrooms and 2 full bathrooms. Step outside to discover a spacious backyard, with plenty of room for gardening and play. In the yard is a delightful added bonus space with a spacious air-conditioned shed. This versatile space is perfect for a workshop, or transform to a home office, or simply extra storage. It’s an exceptional opportunity to live in one of Florida's most sought-after locations—approximately 35 miles to Walt Disney World, and also to Universal Studios, and downtown Orlando. A great chance to own a lake area retreat in growing central Florida.

Details

Property type

Single Family Residence

Est. home value

$230,208

Lot size

9,579 sq ft

Price per sq ft

$189

Year built

1927

Annual property taxes

$1,740

HOA

No

Price History

12/18/2024
StellarMLS

StellarMLS #O6255691

Price change
$245,000
-1.21%
12/09/2024
StellarMLS

StellarMLS #O6255691

Price change
$248,000
-0.8%
11/07/2024
StellarMLS

StellarMLS #O6255691

Listed
$250,000
+29.53%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$60,889
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$164,511
Cash to seller
$60,889

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

September 2021

Original loan amount

$177,045

Est. remaining balance

$164,511

Interest rate

2.77%

Loan type

FHA, 30 year

Seller

Stephen Lucas Maynard and Alexis Keller

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?

Similar Homes Nearby

Price drop
StellarMLS
$229,000
3 bd
|
2 ba
|
1,206 sq ft
|
House

618 Booker Ave, Lake Wales, FL 33853

Price drop
StellarMLS
$250,000
3 bd
|
2 ba
|
1,050 sq ft
|
House

642 Carver Dr, Lake Wales, FL 33853

Price drop
StellarMLS
$275,000
3 bd
|
2 ba
|
1,465 sq ft
|
House

814 Cambridge Way, Lake Wales, FL 33853

Status: Active

Tomo last checked: 12/22/2024 at 9:15 PM

Listing updated: 12/18/2024 at 6:35 PM

Listed by: Volodymyr Ivashko, OLYMPUS EXECUTIVE REALTY INC Phone #: (407) 469-0090

MLS: StellarMLS #O6255691

StellarMLS logo

Recently listed in LAKE WALES

$597,000|4 bd|2.5 ba|House
$350,000|2 bd|2.0 ba|House
$214,900|4 bd|2.0 ba|Manufactured
$329,900|3 bd|2.0 ba|House
$400,000|3 bd|2.0 ba|House
$271,161|3 bd|2.5 ba|Townhouse
$165,000|3 bd|2.5 ba|Manufactured