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$1,225,000

Beds
3
Baths
3.0
sq ft
2,622

16621 Berwick Ter, Bradenton, FL 34202

16621 Berwick Ter

LAKEWOOD RANCH, FL 34202

  • 150 days on market
    • Price drop $70,000↓
    • Open house Oct 06
This designer 3 bedroom, 3 bathroom by Cardel Homes offers a remarkable blend of luxury, convenience, and tranquility. With its prime location in the Country Club East community and the array of amenities it boasts, it's clear why this home is an attractive option for both seasonal and year-round living. This unique open concept layout with vaulted ceilings and rich engineered hardwood flooring sets a sophisticated tone throughout the home. The kitchen, equipped with top-tier appliances and a spacious island, is ideal for entertaining or preparing meals with ease. The view from the living area to the pool and serene pond creates a peaceful atmosphere perfect for relaxation. The flexibility of the large office space, currently used as a fourth bedroom, enhances the home's versatility to accommodate various lifestyle needs. A spacious family room is perfect for gatherings with family and friends, a kids retreat, or versatile living space. The owner's suite, complete with a luxurious en-suite bathroom and stunning views, offers a private oasis within the home. This location provides easy access to popular attractions such as the UTC Mall, downtown Lakewood Ranch, and award-winning beaches ensuring residents can enjoy both the convenience of urban amenities and the natural beauty of Gulf Coast living.

Details

Property type

Single Family Residence

Est. home value

$1,278,864

Lot size

0.26 acres

Price per sq ft

$468

Year built

2016

Annual property taxes

$17,165

Monthly HOA fee

$346.08

Price History

05/31/2024
StellarMLS

StellarMLS #A4609875

Price change
$1,225,000
-5.41%
05/08/2024
StellarMLS

StellarMLS #A4609875

Listed
$1,295,000
+42.31%
12/08/2021
StellarMLS

StellarMLS #A4513899

Sold
$910,000
+33.82%

Schools & Community

Elementary school: 

Robert E Willis Elementary

Middle school: 

Nolan Middle

High school: 

Lakewood Ranch High

Community features: 

Gated, Clubhouse, Fitness Center, Golf, Park, Playground, Pool, Restaurant, Sidewalks, 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

$736,560
Asking price
$1,225,000
Closing costs (~8% of asking)
-$98,000
Est. remaining loan balance
-$390,440
Cash to seller
$736,560

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

Seller’s Loan History

Lender

Bmo Harris Bank Na

Loan start date

April 2020

Original loan amount

$430,000

Est. remaining balance

$390,440

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Jeatjer A Gejam and Debra L Newman

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: 10/04/2024 at 9:15 PM

Listing updated: 09/18/2024 at 2:05 PM

Listed by: Malcolm Chase, MICHAEL SAUNDERS & COMPANY Phone #: (941) 907-9595

MLS: StellarMLS #A4609875

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