tomo logo

$889,000

Beds
4
Baths
3.0
sq ft
4,600

2024 Old Lloyd Rd, Monticello, FL 32344

2024 Old Lloyd Rd

Monticello, FL 32344

  • 3 days on market
Priced at appraised value. Square footage includes both the main house is 3200 square feet with 4 bedrooms and 3 baths. Brand new barn apartment is 1400 square feet with 2 bedrooms and 1 bath. This would be an amazing income producing property for short and/or long term rental property of barn apt, horse boarding stables ... or even a wedding venue. This breathtaking property checks ALL of the boxes! Please see associated docs as this home has so many features and details. Driving through the gated entry, you are greeted with Argentine Bahia Grass green pastures and most charming property. Five fenced and cross fenced pastures each with run in shelters, electric and water. Multiple level main main house is perfect for multi-generational living showcasing exposed beams, vaulted ceilings, bricked walls, and decked with tongue and groove hardwood ceilings. In-law/Guest Studio Suite also has private entrance with patio, mini kitchen, separate living space and walk-in shower. New 5000 square foot barn with 4 stalls, tack room, RV/Trailer parking. Barn also includes newly completed 2 bedroom / 1 bath apartment featuring spectacular 40 foot wood beam stretching across the entire living/ dining / kitchen space. Barn apartment has 40 foot deck overlooking pastures. As you walk through the property... enjoy many landscaped nooks, gravel walk ways, a large chicken coop, kids play area, above ground pool area (could be used for dog pen), rustic smaller barn used as a workshop, parking pavilion, and endless views of well manicured pastures.

Details

Property type

Single Family Residence

Est. home value

$456,536

Lot size

15.50 acres

Price per sq ft

$194

Year built

1945

Annual property taxes

$4,213

Price History

11/01/2024
Tallahassee

Tallahassee #378430

Removed
$889,000
11/01/2024
Tallahassee

Tallahassee #378627

Listed
$889,000
10/26/2024
Tallahassee

Tallahassee #378430

Listed
$889,000
-10.65%

Schools & Community

Elementary school: 

OTHER COUNTY

Middle school: 

OTHER COUNTY

High school: 

OTHER COUNTY

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

$558,457
Asking price
$889,000
Closing costs (~8% of asking)
-$71,120
Est. remaining loan balance
-$259,423
Cash to seller
$558,457

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

Seller’s Loan History

Lender

University Lending Group Llc

Loan start date

February 2022

Original loan amount

$275,000

Est. remaining balance

$259,423

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Cheryl Cooper Oldani and Joseph John Oldani Iii

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: 11/05/2024 at 5:25 AM

Listing updated: 11/01/2024 at 1:21 PM

Listed by: Katherine Searcy, The Naumann Group Real Estate Phone #: (850) 325-1681

MLS: Tallahassee #378627

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