tomo logo

$279,900

Beds
4
Baths
4.0
sq ft
1,456

1519 Illinois Ave, Saint Cloud, FL 34769

1519 Illinois Ave

SAINT CLOUD, FL 34769

  • 65 days on market
    • Price drop $5,000↓
*INVESTMENT OPPORTUNITY OF A LIFETIME!* Attention all savvy investors! We have an incredible deal that won't last long. A rare opportunity to purchase a property under market value, perfect for those looking to capitalize on a smart investment. The seller is seeking a fast and smooth closing. Seller is willing to entertain a $5,000 buyer concession with accepted contract. This property is bursting with potential. Zoned SR2, this property offers the flexibility to convert into an income-producing asset, with possibilities of being transformed into a multi-family unit. *UNLOCK THE FULL POTENTIAL* Don't miss out on this chance to own a property with immense possibilities. Act fast and make this investment opportunity a reality!

Details

Property type

Single Family Residence

Est. home value

$309,016

Lot size

0.33 acres

Price per sq ft

$193

Year built

1920

Annual property taxes

$2,753

HOA

No

Price History

10/30/2024
StellarMLS

StellarMLS #O6238409

Price change
$279,900
-1.76%
10/12/2024
StellarMLS

StellarMLS #O6238409

Price change
$284,900
-0.04%
09/28/2024
StellarMLS

StellarMLS #O6238409

Price change
$285,000
+14%

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

$184,338
Asking price
$279,900
Closing costs (~8% of asking)
-$22,392
Est. remaining loan balance
-$73,170
Cash to seller
$184,338

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

Seller’s Loan History

Lender

Wachovia Mortgage Corp

Loan start date

October 2006

Original loan amount

$116,400

Est. remaining balance

$73,170

Interest rate

6.52%

Loan type

Not Provided, 30 year

Seller

Ruth Ayala

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 9:35 PM

Listing updated: 10/30/2024 at 4:36 PM

Listed by: Jose Rodriguez, THE PROPERTY PROS REAL ESTATE, INC Phone #: (407) 879-7591

MLS: StellarMLS #O6238409

StellarMLS logo

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