tomo logo

$285,000

Beds
3
Baths
2.0
sq ft
988

218 E Magnolia St, Groveland, FL 34736

218 E Magnolia St

GROVELAND, FL 34736

  • 68 days on market
    • Price drop $15,000↓
MAJOR PRICE DROP & THE HOME WILL MOVE FAST BECAUSE OF IT! SELLER IS WILLING TO GIVE CONCESSIONS/DOWN PAYMENT ASSISTANCE FOR POTENTIAL BUYERS! This beautifully renovated craftsman home combines charm and modern convenience. Everything completely renovated—from drywall and paint to floors, crown molding, fixtures, and more. Brand new roof, HVAC, and water heater as well! Enjoy stunning quartz countertops, new appliances, and stylish cabinets in the kitchen and bathrooms. Located across from Gray Middle School and just a mile from Groveland Elementary, this home is perfect for families looking to settle in a much sought-after neighborhood. With Lake David Park less than half a mile away, outdoor activities and amenities are just around the corner. This is the ideal home for a young couple or family looking for the right place and prime location to plant their roots in the vibrant Groveland community. Don’t miss out on this fantastic opportunity—make it your DREAM HOME today!

Details

Property type

Single Family Residence

Est. home value

$165,180

Lot size

9,000 sq ft

Price per sq ft

$289

Year built

1940

Annual property taxes

$709.8

HOA

No

Price History

12/19/2024
StellarMLS

StellarMLS #G5088237

Price change
$285,000
-5%
11/24/2024
StellarMLS

StellarMLS #G5088237

Price change
$300,000
-5.96%
11/11/2024
StellarMLS

StellarMLS #G5088237

Price change
$319,000
-2.74%

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

$231,336
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$30,864
Cash to seller
$231,336

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

Seller’s Loan History

Lender

New Silver Lending Llc

Loan start date

February 2024

Original loan amount

$180,200

Est. remaining balance

$30,864

Interest rate

6.61%

Loan type

New Conventional, 1 year

Seller

Jr And Sons Painting & More Llc

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: 12/23/2024 at 12:50 AM

Listing updated: 12/19/2024 at 4:24 PM

Listed by: Austin Drawdy, REAL BROKER, LLC Phone #: (407) 279-0038

MLS: StellarMLS #G5088237

StellarMLS logo

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