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$250,000

Beds
3
Baths
2.0
sq ft
1,302

134 Masterpiece Rd, Lake Wales, FL 33898

134 Masterpiece Rd

LAKE WALES, FL 33898

  • 15 days on market
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

$193

Year built

1927

Annual property taxes

$1,740

HOA

No

Price History

11/07/2024
StellarMLS

StellarMLS #O6255691

Listed
$250,000
+29.53%
09/24/2021
StellarMLS

StellarMLS #P4916935

Sold
$193,000

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

$65,145
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$164,855
Cash to seller
$65,145

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

$164,855

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?

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Status: Active

Tomo last checked: 11/22/2024 at 11:55 AM

Listing updated: 11/09/2024 at 11:38 PM

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

MLS: StellarMLS #O6255691

StellarMLS logo

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