tomo logo

$685,000

Beds
4
Baths
4.0
sq ft
2,490

201 W 16th St, Sanford, FL 32771

201 W 16th St

SANFORD, FL 32771

  • 2 days on market
Welcome to 201 W. 16th St. in the heart of historic downtown Sanford’s Sanford Heights neighborhood, within the golf cart district! This charming 1935 Cape Cod-style home offers endless possibilities, featuring a 3-bedroom, 2-bath main house with oak floors, built-in bookcases, and a sunroom perfect for a playroom, den, or home office. The spacious dining room flows into a kitchen with maple cabinetry and granite countertops. Upstairs, two large bedrooms share a full bath, while the third bedroom and second bath are conveniently located downstairs. The property includes a garage apartment and guest house, both potentially providing rental income. The garage apartment offers a private entrance, one bedroom, one bathroom, and private laundry space. The guest house is a studio, featuring a custom mural and a full bath. Enjoy outdoor living ample space for all three structures to enjoy the paved patio area, and an RV hookup - bring your favorite toys! Parking? No problem! This property can accommodate TEN cars off-street! This entire property has been meticulously maintained and updated throughout the decades...a true gem in a prime location with endless potential! This is your rare chance to find a gorgeous home in a phenomenal neighborhood - with many uses and possibilities. Schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$558,541

Lot size

0.35 acres

Price per sq ft

$276

Year built

1935

Annual property taxes

$7,231.64

HOA

No

Price History

02/21/2025
StellarMLS

StellarMLS #O6283476

Listed
$685,000
+63.1%
03/09/2021
StellarMLS

StellarMLS #O5921080

Sold
$420,000
+62.79%
10/11/2016
StellarMLS

StellarMLS #O5456323

Sold
$258,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$266,508
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$363,692
Cash to seller
$266,508

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

March 2021

Original loan amount

$399,000

Est. remaining balance

$363,692

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Adam Hinesley and Lindsay Hinesley

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?

Status: Active

Tomo last checked: 02/23/2025 at 5:15 AM

Listing updated: 02/22/2025 at 8:45 AM

Listed by: Tammy Agnini, CENTURY 21 INTEGRA Phone #: (407) 878-7343

MLS: StellarMLS #O6283476

StellarMLS logo

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