tomo logo

$699,000

Beds
3
Baths
2.0
sq ft
1,823

198 Mason Rd, Melrose, FL 32666

198 Mason Rd

MELROSE, FL 32666

  • 72 days on market
    • Price drop $26,000↓
Welcome to paradise! This beautiful 3 bedroom, 2 bath home sits on 7.9 acres and has 150 feet of lakefront property on Lake Rosa. Lake Rosa is a stable, clear, sandy bottom lake with no public access. The home was built in 2012 and has been beautifully maintained. Upgrades include wood floors throughout, granite countertops, stainless steel appliances, crown molding, built in speakers, plantation shutters and a whole house automatic generator. The spacious primary bedroom has a tray ceiling, his and her closets, and dual vanities in the en suite bathroom. The first guest bedroom is well appointed with plenty of natural light. The second guest room has a built-in Murphy bed and barn doors leading out to the main living area making it a great work/live/play space. The home has front and back screened in porches ideal for taking in the surrounding scenery. The back deck is made of durable Trex material and is the perfect spot to unwind while enjoying the lake view. Bring your kayak, canoe, and motor boat - the home has its own boat ramp. There is also an additional detached 1.5 garage for extra storage. You simply must see this wonderful home with your own eyes! Book a showing today!

Details

Property type

Single Family Residence

Est. home value

$623,996

Lot size

7.9 acres

Price per sq ft

$384

Year built

2012

Annual property taxes

$7,297.93

HOA

No

Price History

09/18/2024
StellarMLS

StellarMLS #GC523965

Price change
$699,000
-3.59%
08/20/2024
StellarMLS

StellarMLS #GC523965

Price change
$725,000
-3.2%
07/25/2024
StellarMLS

StellarMLS #GC523965

Listed
$749,000
+300.53%

Schools & Community

Elementary school: 

Melrose Elementary School

Middle school: 

Unknown

High school: 

Interlachen 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

$116,101
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$526,979
Cash to seller
$116,101

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

October 2022

Original loan amount

$540,000

Est. remaining balance

$526,979

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Benjamin Tillson and Bonnie Tillson

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 11:15 PM

Listing updated: 09/18/2024 at 12:02 PM

Listed by: Lisa Fetrow, KELLER WILLIAMS GAINESVILLE REALTY PARTNERS Phone #: (352) 240-0600

MLS: StellarMLS #GC523965

StellarMLS logo

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