tomo logo

$442,400

Beds
3
Baths
2.0
sq ft
1,646

20605 Preston Ln, Lutz, FL 33558

20605 Preston Ln

LUTZ, FL 33558

  • 180 days on market
    • Price drop $2,500↓
Stunning lakefront home, fully remodeled to perfection. This exquisite home offers 3 spacious bedrooms, 2 modern bathrooms, and an expansive backyard, perfect for both relaxation and entertainment. The open floor plan is bathed in natural light, showcasing breathtaking lake views through large windows. Enjoy cozy evenings by the charming wood-burning fireplace in the bright and airy living space. Nestled on a quiet dead-end street, this home provides the peace and privacy you crave, all without the burden of an HOA or the need for flood insurance. Plus, it’s conveniently close to shopping, dining, and various amenities. Don’t miss this rare opportunity to own your secluded Florida oasis! Schedule your showing today and take the next step toward making it yours. This stunning property is H4H approved, offering buyers an incredible opportunity to save! Enroll and get pre-approved in the H4H Program through Avid Financing and receive a $13,000 credit—making homeownership more affordable.

Details

Property type

Single Family Residence

Est. home value

$381,314

Lot size

0.38 acres

Price per sq ft

$269

Year built

1968

Annual property taxes

$3,072

HOA

No

Price History

02/09/2025
StellarMLS

StellarMLS #T3549843

Price change
$442,400
-0.56%
01/13/2025
StellarMLS

StellarMLS #T3549843

Price change
$444,900
-1.11%
12/02/2024
StellarMLS

StellarMLS #T3549843

Listed
$449,900

Schools & Community

Elementary school: 

Lake Myrtle Elementary-PO

Middle school: 

Charles S. Rushe Middle-PO

High school: 

Sunlake High School-PO

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

$136,551
Asking price
$442,400
Closing costs (~8% of asking)
-$35,392
Est. remaining loan balance
-$270,457
Cash to seller
$136,551

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2022

Original loan amount

$279,920

Est. remaining balance

$270,457

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Yunaisi Barbara Serrano

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: 02/22/2025 at 6:30 PM

Listing updated: 02/08/2025 at 8:14 PM

Listed by: Marylin Salazar, 1ST INVESTMENT REALTY GROUP LLC Phone #: (813) 841-3613

MLS: StellarMLS #T3549843

StellarMLS logo

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