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$289,000

Beds
5
Baths
3.0
sq ft
2,285

1717 Sunset Ln, Tallahassee, FL 32303

1717 Sunset Ln

TALLAHASSEE, FL 32303

  • Pending
Brand new 2024 roof! Great investment opportunity! Potential rental income of $50K+ annually. The main house is a single family home with 3 bedrooms and 1 bath with a finished walkout basement apartment with 1 bedroom, 1 bath, kitchen, living area, and office that was previously rented to a long term tenant for $1500/month. There is also a second 1 bedroom, 1 bath apartment with a small kitchen and living area, adjacent to the main house that could be rented for $600+/month, making it a total of three separate living spaces that can all be rented separately if desired or the new owner can live in the main house and rent the other spaces. Lots of options! The main 3/1 house could be rented for $2200+/month. Large fenced backyard, long driveway for parking, stainless appliances and beautiful hardwood floors in main house.

Details

Property type

Single Family Residence

Est. home value

$244,411

Lot size

0.35 acres

Price per sq ft

$127

Year built

1955

Price History

09/13/2024
Tallahassee

Tallahassee #377013

Pending
$289,000
09/11/2024
Tallahassee

Tallahassee #377013

Listed
$289,000
+3.21%
09/06/2024
Tallahassee

Tallahassee #373762

Sold
$280,000
-6.64%

Schools & Community

Elementary school: 

ASTORIA PARK

Middle school: 

GRIFFIN

High school: 

GODBY

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

$142,412
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$123,468
Cash to seller
$142,412

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

Seller’s Loan History

Lender

Veterans United Home Loans

Loan start date

October 2015

Original loan amount

$152,203

Est. remaining balance

$123,468

Interest rate

3.84%

Loan type

VA, 30 year

Seller

William R Hock and Loleta L Hock

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: Pending/Under Contract

Tomo last checked: 09/17/2024 at 11:10 PM

Listing updated: 09/13/2024 at 7:06 PM

Listed by: Amber E Renaud, The Nova Group Realty Phone #: (850) 570-8242

MLS: Tallahassee #377013

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