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$595,000

Beds
4
Baths
3.0
sq ft
2,202

164 Palermo Pl, Lady Lake, FL 32159

164 Palermo Pl

THE VILLAGES, FL 32159

  • 1 day on market
When is a MOTHER-IN-LAW Suite truly SWEET? ...ALWAYS!! ...This one, in beautiful Village of Mira Mesa (The Villages, FL), is an addition on one of the most popular floor plans (Gardenia with upgrades). What makes this one stand out is that now you would have 2 primary suites with sliding doors that have direct access to a HUGE 16'x21' covered lanai AND a HUGE 13'x20' birdcage style lanai (...now picture NO NEIGHBORS BEHIND...). <--> Here are some of the other really enjoyable features: Disappearing TRIPLE STACKING SLIDERS in the living/dining room that also open to that HUGE lanai and birdcage lanai (sliders stack behind the wall). HARDWOOD flooring in PRIMARY BEDROOM AND LIVING/DINING rooms (tile in the bathrooms and carpeting in the other 3 bedrooms ->NOTE: one of those bedrooms is actually considered a Den as there is no closet). The Gardenia floor plan is known for the large kitchen and abundance of cabinetry. Columns in dining room have been professionally removed (along with the "popcorn" ceilings in the living/dining/kitchen areas!). NEW ROOF COMING - NEW WATER HEATER COMING. WATER PURIFICATION SYSTEM and CENTRAL VAC <--> LARGE PRIMARY BEDROOM (14'x18') has 2 walk in closets and a GORGEOUS, recently renovated en suite bathroom featuring a large linen closet, white stone counters, split vanities, beautiful tile flooring with a separate toilet and shower area (has a roll in shower). ANOTHER PERK: 3 WAY SPLIT WITH THE BEDROOMS (bedroom, bed/den in the front of the home sharing one bathroom then the MOTHER-IN-LAW suite in the back left of home and Primary bedroom in the back right of the home; terrific use of space! <--> NOTE: If you're looking to buy right now, DO take the time to view this one as these opportunities don't present themselves often. // Information deemed reliable but not guaranteed. Dimensions provided are approximate. Be sure and verify all information. // NO BOND - NO BOND MAINTENANCE ($199 Amenity fee for recreational facilities).

Details

Property type

Single Family Residence

Est. home value

$508,163

Lot size

0.31 acres

Price per sq ft

$271

Year built

1999

Annual property taxes

$7,549.82

HOA

No

Price History

03/03/2025
StellarMLS

StellarMLS #G5093742

Listed
$595,000
+85.94%
07/18/2016
StellarMLS

StellarMLS #G4820191

Sold
$320,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Golf, Pool, Tennis Court(s)

Senior community center: 

Yes

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

$408,825
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$138,575
Cash to seller
$408,825

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

July 2016

Original loan amount

$170,000

Est. remaining balance

$138,575

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Barbara M Lotz

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: 03/04/2025 at 4:10 AM

Listing updated: 03/04/2025 at 3:50 AM

Listed by: LD Black Bowers-Black, RE/MAX PREMIER REALTY LADY LK Phone #: (352) 753-2029

MLS: StellarMLS #G5093742

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