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$354,000

Beds
3
Baths
2.0
sq ft
1,490

16360 Palmetto St, Punta Gorda, FL 33982

16360 Palmetto St

Punta Gorda, FL 33982

  • 63 days on market
    • Price drop $15,000↓
Nestled on a preserve lot in the tranquil Lake Babcock neighborhood, this charming 3-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and privacy. Centrally located just a short bike ride from Babcock Schools, Cypress Lodge, and Founder's Square, convenience is at your doorstep. The interior boasts beautiful tile and vinyl flooring throughout, with elegant white shaker cabinets and stunning quartz countertops in the kitchen, making it a chef's dream. The master suite is a true oasis, providing a peaceful retreat at the end of the day. Situated on a highly sought-after preserve lot, the large backyard offers a serene wooded view that will remain untouched, ensuring your privacy. This home is built with energy efficiency in mind, featuring impact windows and doors as well as spray foam insulation for added savings and safety. As a member of the vibrant Babcock Ranch community, you'll enjoy access to resort-style amenities, including pools, tennis and pickleball courts, miles of scenic hiking and biking trails, an expansive park system, as well as regular entertainment, events. Don’t miss the opportunity to make this beautiful home in the heart of America's first solar powered town yours!

Details

Property type

Single Family Residence

Est. home value

$384,418

Lot size

8,712 sq ft

Price per sq ft

$238

Year built

2019

Annual property taxes

$6,263.54

Monthly HOA fee

$276

Price History

11/07/2024

FGCMLS #224074425

Price change
$354,000
-4.07%
09/20/2024

FGCMLS #224074425

Listed
$369,000
+23%
05/27/2021

FGCMLS #220026060

Sold
$299,990

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Street Lights

Senior community center: 

Yes

Number of units in community: 

1

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

$137,167
Asking price
$354,000
Closing costs (~8% of asking)
-$28,320
Est. remaining loan balance
-$188,513
Cash to seller
$137,167

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

June 2021

Original loan amount

$203,652

Est. remaining balance

$188,513

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Diane M Hewes

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?

Status: Active

Tomo last checked: 11/22/2024 at 12:10 PM

Listing updated: 11/07/2024 at 10:30 AM

Listed by: Gregory Healing, EXP Realty LLC Phone #: (888) 883-8509

MLS: FGCMLS #224074425

FGCMLS logo

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