tomo logo

$260,000

Beds
3
Baths
1.0
sq ft
1,126

1620 Park Dr, Lakeland, FL 33803

1620 Park Dr

LAKELAND, FL 33803

  • 124 days on market
This three-bedroom, one-bathroom house encompasses approximately 1,126 square feet of living space. The home features a fenced-in backyard, providing a private outdoor area for relaxation or recreation. The property is centrally located in Lakeland, offering convenient access to the surrounding community. The home boasts a brand new air conditioning system, ensuring comfortable indoor temperatures year-round. The roof has been recently updated, providing reliable protection from the elements. New flooring throughout the home creates a fresh, modern aesthetic, while the new windows enhance energy efficiency and natural light. The three bedrooms offer ample space for a variety of living arrangements, and the single bathroom provides essential functionality. The large backyard provides a versatile outdoor space that can be tailored to suit the new owner's preferences and needs.

Details

Property type

Single Family Residence

Est. home value

$223,116

Lot size

8,050 sq ft

Price per sq ft

$231

Year built

1959

Annual property taxes

$283.48

HOA

No

Price History

09/03/2024
StellarMLS

StellarMLS #P4930283

Price change
$260,000
+4%
08/06/2024
StellarMLS

StellarMLS #P4930283

Removed
$250,000
08/01/2024
StellarMLS

StellarMLS #P4930283

Price change
$250,000
-1.19%

Schools & Community

Neighborhood: 

Lake Somerset

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

$116,334
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$122,866
Cash to seller
$116,334

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2022

Original loan amount

$125,000

Est. remaining balance

$122,866

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Preston Prout

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: 09/16/2024 at 2:15 PM

Listing updated: 09/13/2024 at 11:23 AM

Listed by: Katie Schmid, COLDWELL BANKER REALTY Phone #: (863) 294-7541

MLS: StellarMLS #P4930283

StellarMLS logo

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