tomo logo

$289,000

Beds
2
Baths
2.0
sq ft
1,495

1609 Fairview Ave, Lakeland, FL 33803

1609 Fairview Ave

LAKELAND, FL 33803

  • 153 days on market
    • Price drop $10,000↓
Welcome to Beacon Hill! This delightful mid-century home with a BRAND NEW ROOF exudes charm and character, situated in Lakeland's historic Beacon Hill District on a spacious quarter-acre lot adorned with majestic oaks and magnolias. The kitchen boasts solid wood cabinets and stainless steel appliances. The open living and dining area provides an ideal space for entertaining guests. The large backyard presents a blank canvas for the new owner to create their dream outdoor retreat. Take advantage of evening strolls, bike rides, or explore the neighborhood at your leisure. With Lakeland's finest restaurants, boutique shops, and scenic lakes just minutes away, this is an opportunity you won't want to miss!

Details

Property type

Single Family Residence

Est. home value

$303,768

Lot size

0.26 acres

Price per sq ft

$194

Year built

1953

Annual property taxes

$4,100

HOA

No

Price History

10/04/2024
StellarMLS

StellarMLS #L4944138

Price change
$289,000
-3.34%
08/30/2024
StellarMLS

StellarMLS #L4944138

Price change
$299,000
-5.08%
06/25/2024
StellarMLS

StellarMLS #L4944138

Listed
$315,000

Schools & Community

Neighborhood: 

Camphor

Elementary school: 

Dixieland Elem

Middle school: 

Southwest Middle School

High school: 

Lakeland Senior 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

$138,799
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$127,081
Cash to seller
$138,799

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2020

Original loan amount

$139,920

Est. remaining balance

$127,081

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Marvin Lorenzo Collins and Kerrie P Collins

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: 10/05/2024 at 1:30 AM

Listing updated: 10/03/2024 at 8:59 PM

Listed by: Melissa Riesenberg, PAIGE WAGNER HOMES REALTY Phone #: (321) 749-4196

MLS: StellarMLS #L4944138

StellarMLS logo

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