tomo logo

$379,000

Beds
4
Baths
2.0
sq ft
1,810

1440 Walker Rd, Lakeland, FL 33810

1440 Walker Rd

LAKELAND, FL 33810

  • 64 days on market
    • Price drop $20,000↓
Auction Property. Investor or owner-occupant opportunity awaits! This bank-owned, fixer-upper ranch-style home offers four bedrooms and two bathrooms, providing a spacious layout perfect for families or rental potential. The property is situated on approximately one acre and features air conditioning and a garage, ensuring comfort and convenience. The expansive yard offers ample space for outdoor activities and landscaping possibilities. Whether you’re an investor looking to flip or rent out or an owner-occupant eager to customize your dream home, this property holds immense potential in a desirable location. Lakeland is a lively city known for its beautiful lakes, parks, and rich cultural scene. Outdoor enthusiasts can enjoy recreational activities at Hollis Garden, Lake Mirror Park, and the Circle B Bar Reserve, which are perfect for hiking, bird-watching, and enjoying the natural beauty of Central Florida. The city offers a variety of dining options and entertainment; residents can explore the Polk Museum of Art, catch a show at the historic Polk Theatre, or enjoy events and festivals at the RP Funding Center. Lakeland's blend of outdoor activities, diverse dining, and cultural attractions offers a dynamic and fulfilling lifestyle. **REO Occupied – NO VIEWINGS or ACCESS of this property. Drive by only - there are no interior photos** Please DO NOT DISTURB the occupant(s).** All potential Buyers are requested to check with the City, County, Zoning, Tax, Schools, and other records to determine all details on this property listed above to their satisfaction. The Buyer is responsible for performing their due diligence before bidding, as the high bidder will receive an "AS-IS" CASH-ONLY contract with no contingencies, inspections, or warranties.**

Details

Property type

Single Family Residence

Est. home value

$371,653

Property condition

Fixer

Lot size

1.0 acres

Price per sq ft

$210

Year built

1976

Annual property taxes

$3,738.03

Price History

09/10/2024
StellarMLS

StellarMLS #O6224804

Price change
$379,000
-5.01%
08/22/2024
StellarMLS

StellarMLS #O6224804

Price change
$399,000
-5.9%
07/18/2024
StellarMLS

StellarMLS #O6224804

Listed
$424,000
+149.56%

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

$222,322
Asking price
$379,000
Closing costs (~8% of asking)
-$30,320
Est. remaining loan balance
-$126,358
Cash to seller
$222,322

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

Seller’s Loan History

Lender

Hsbc Mortgage Corporation Usa

Loan start date

October 2006

Original loan amount

$200,000

Est. remaining balance

$126,358

Interest rate

6.44%

Loan type

Not Provided, 30 year

Seller

Jesus Oquendo and Gemma Oquendo

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: 09/19/2024 at 10:55 PM

Listing updated: 09/10/2024 at 3:46 PM

Listed by: Drew Hershey, REALHOME SERVICE & SOLUTIONS I Phone #: (855) 882-1314

MLS: StellarMLS #O6224804

StellarMLS logo

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