tomo logo

$399,900

Beds
4
Baths
2.0
sq ft
1,756

200 Pine St, Melrose, FL 32666

200 Pine St

MELROSE, FL 32666

  • 114 days on market
    • Price drop $17,600↓
Looking for a relaxing retreat to call home? Step back in time with this beautiful home located just a short walk from Lake Santa Fe. Originally built as a bed and breakfast for orange grove workers. This treasured piece of Melrose history invites you to add your chapter to its story. Featuring 4 bedrooms/ 2 bathrooms the home shines with original heart of pine flooring and abundant natural light. A newly remodeled kitchen fuses contemporary updates and historic charm. You will be enchanted by the spacious wrap around porch ideal for enjoying the sunset. The large yard is adorned with citrus trees, fruit orchard and gardens. Melrose exudes a warm sense of community rarely found today, making it an ideal sanctuary for those seeking a quiet lifestyle with an easy commute to Gainesville, Ocala and the beaches!

Details

Property type

Single Family Residence

Est. home value

$401,565

Lot size

0.81 acres

Price per sq ft

$228

Year built

1910

Annual property taxes

$5,009

HOA

No

Price History

11/14/2024
StellarMLS

StellarMLS #GC524076

Price change
$399,900
-4.22%
10/14/2024
StellarMLS

StellarMLS #GC524076

Removed
$417,500
09/20/2024
StellarMLS

StellarMLS #GC524076

Price change
$417,500
-0.6%

Schools & Community

Elementary school: 

Melrose Elementary School

Middle school: 

C.H.Price Middle School

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

$92,130
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$275,778
Cash to seller
$92,130

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

Seller’s Loan History

Lender

Campus Usa Cu

Loan start date

August 2021

Original loan amount

$340,000

Est. remaining balance

$275,778

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Michael Neil Lucente and Lauren Jean Barnett

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: 11/23/2024 at 2:10 AM

Listing updated: 11/17/2024 at 1:09 PM

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

MLS: StellarMLS #GC524076

StellarMLS logo

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