tomo logo

$850,000

Beds
4
Baths
3.0
sq ft
1,962

1745 Lake Terrace Dr, Eustis, FL 32726

1745 Lake Terrace Dr

EUSTIS, FL 32726

  • 43 days on market
    • Price drop $50,000↓
One or more photo(s) has been virtually staged. Nestled by the picturesque, spring-fed East Crooked Lake, this fully remodeled and updated 4-bedroom, 3-bathroom home is a summer paradise. The accordion doors seamlessly blend indoor and outdoor living, opening to an expansive lanai that adds about 1800 square feet of screen-enclosed pool and spa area. Ideal for entertaining, the lanai provides ample space for lounging and enjoying the Florida sunshine. The home boasts two ensuite bedrooms, each with sliding doors that offer direct access to the lanai and pool. These rooms are perfect for guests or family members seeking a bit of extra privacy. The interior showcases high-end upgrades, including quartz countertops in the kitchen and bathrooms, frameless glass showers in all three bathrooms, and a combination of luxury vinyl plank and tile flooring throughout. Practical upgrades are also abundant: a new roof, updated plumbing and electrical systems, ensure the home is not only beautiful but also worry-free. The owners spared no expense, making this a truly luxurious residence. As you arrive, the driveway sets the tone for what awaits inside. Large oaks, queen palms, and mature landscaping create a serene and private environment, offering shade and a sense of seclusion. This home is the perfect blend of elegance, comfort, and functionality, designed for those who appreciate quality and style. Additional Photos and video coming soon

Details

Property type

Single Family Residence

Est. home value

$462,483

Lot size

1.1 acres

Price per sq ft

$434

Year built

1988

Annual property taxes

$3,407

Monthly HOA fee

$100

Price History

06/28/2024
StellarMLS

StellarMLS #G5082598

Price change
$850,000
-5.56%
05/25/2024
StellarMLS

StellarMLS #G5082598

Listed
$900,000
+80%
04/04/2023
StellarMLS

StellarMLS #O6089976

Sold
$500,000
+27.23%

Schools & Community

Elementary school: 

Triangle Elem

Middle school: 

Eustis Middle

High school: 

Eustis High School

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

$349,611
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$432,389
Cash to seller
$349,611

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

February 2023

Original loan amount

$439,299

Est. remaining balance

$432,389

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Ross Rayman Belkofer and Molly Elizabeth Belkofer

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: 07/07/2024 at 6:00 PM

Listing updated: 06/29/2024 at 5:36 PM

Listed by: Barry Blake, LPT REALTY, LLC. Phone #: (877) 366-2213

MLS: StellarMLS #G5082598

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Recently listed in EUSTIS