tomo logo

$489,900

Beds
3
Baths
2.0
sq ft
1,494

16391 S Magnolia Ave, Summerfield, FL 34491

16391 S Magnolia Ave

SUMMERFIELD, FL 34491

  • 5 days on market
One or more photo(s) has been virtually staged, Explore this pristine 3-acre farm, fanced, This 3-bedroom, 2-bathroom block, featuring tiled floors throughout, perfect for life in the country, this marvelous house has been tastefully updated, contributing to the home's fresh and inviting atmosphere, complemented by a recent full interior paint job, fireplace, family room, living room, split floor plan, offering tranquil privacy, ideal for enjoying peaceful outdoor moments, screen area, workplace and several storage/ buildings and one specifically suited for a chicken coop, catering perfectly to your agricultural needs, this home balances charm with practicality. the property includes a 2-stall, ready for you horses, shed barn in the paddock for convenient feeding, and the pastures are ease dividable according to your preferences. Don't miss this exceptional opportunity—scheduling a showing today, allowing you to experience firsthand why this property is perfect for your lifestyle!

Details

Property type

Single Family Residence

Est. home value

$369,256

Lot size

3.0 acres

Price per sq ft

$328

Year built

1993

Annual property taxes

$1,991

HOA

No

Price History

10/31/2024
StellarMLS

StellarMLS #OM688381

Listed
$489,900
+118.71%
07/09/2019
StellarMLS

StellarMLS #OM553816

Sold
$224,000

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

$252,740
Asking price
$489,900
Closing costs (~8% of asking)
-$39,192
Est. remaining loan balance
-$197,968
Cash to seller
$252,740

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

July 2019

Original loan amount

$219,942

Est. remaining balance

$197,968

Interest rate

4.06%

Loan type

FHA, 30 year

Seller

Luis Cuadrado

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: 11/05/2024 at 1:45 AM

Listing updated: 11/04/2024 at 1:33 PM

Listed by: ileana Ruiz, OCALA REALTY WORLD LLC Phone #: (352) 789-6746

MLS: StellarMLS #OM688381

StellarMLS logo

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