tomo logo

$405,000

Beds
4
Baths
3.0
sq ft
2,043

16208 Magnolia Hill St, Clermont, FL 34714

16208 Magnolia Hill St

CLERMONT, FL 34714

  • 83 days on market
    • Price drop $10,000↓
Short Sale. Price Adjusted AND this home can be purchased with NO MONEY DOWN! With that, I welcome you to this charming home featuring a beautiful view and ample space! With a roof installed in 2021 and a hot water heater from 2019, you can move in with peace of mind knowing key systems are up to date. The home boasts a new thermostat and stylish light fixtures throughout, adding both comfort and contemporary flair. Situated on a large lot, there’s plenty of outdoor space for gardening, entertaining, or simply relaxing. This property offers the perfect blend of functionality and room to grow—don’t miss out on making it yours!

Details

Property type

Single Family Residence

Est. home value

$459,869

Lot size

0.24 acres

Price per sq ft

$199

Year built

2001

Annual property taxes

$5,297

Monthly HOA fee

$45

Price History

12/04/2024
StellarMLS

StellarMLS #O6242603

Price change
$405,000
-2.41%
11/04/2024
StellarMLS

StellarMLS #O6242603

Price change
$415,000
-2.35%
09/30/2024
StellarMLS

StellarMLS #O6242603

Listed
$425,000
+55.68%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Playground, Tennis Court(s)

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

$30,161
Asking price
$405,000
Closing costs (~8% of asking)
-$32,400
Est. remaining loan balance
-$342,439
Cash to seller
$30,161

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

Seller’s Loan History

Lender

Advance Mortgage & Investment Co Inc

Loan start date

July 2022

Original loan amount

$355,000

Est. remaining balance

$342,439

Interest rate

5.25%

Loan type

VA, 30 year

Seller

Louis Charles Wright Jr and Hazel Ann Wright

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: 12/22/2024 at 3:05 PM

Listing updated: 12/03/2024 at 11:00 PM

Listed by: Mary Herrod De Boer, SERHANT Phone #: (646) 480-7665

MLS: StellarMLS #O6242603

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