tomo logo

$429,900

Beds
2
Baths
2.5
sq ft
1,304

218 S Hernando Ave, Arcadia, FL 34266

218 S Hernando Ave

ARCADIA, FL 34266

  • 35 days on market
UNIQUE PROPERTY Downtown Arcadia, Historic cottages, in walking distance to parks and main street antique shopping. Property has plenty of yard space and privacy. Lined with heritage oak trees and mango trees and custom arbors gives the yard a charming setting. All sitting on more than half acre. The cottage is packed with style, featuring a large size custom kitchen with marble counter tops and tall glass cabinet doors / bar. Two master bedroom suites with private baths that have been newly remodeled make the interior space all the more special. Other features include, hardwood oak flooring thru out with inlayed tile for the front and back entrances. All new appliances and Washer and dryer are all included. This sweet cottage is packed with finishing touches. The details are in the custom closets with built in shelving and over head niches for extra storage. There is a cozy finished shed out back to accommodate a visiting guest or use as extra living space for library/ artis studio ..all with all the same trimmings as the main house interior.Classic historic cottage made modern. New roof, siding, A/C electrical wiring Plumbing with all new fixtures, and impact windows. Also a wrap around porch has been added to the south side to tie in front and back porch. Large enough for outdoor dining. This is a must see and certainly a serious consideration for professionals and artists that work from home.

Details

Property type

Single Family Residence

Est. home value

$401,394

Lot size

0.43 acres

Price per sq ft

$330

Year built

1942

Annual property taxes

$2,761.69

HOA

No

Price History

10/19/2024
StellarMLS

StellarMLS #C7499208

Listed
$429,900
-4.45%
07/01/2024
StellarMLS

StellarMLS #C7486204

Removed
$449,900
01/12/2024
StellarMLS

StellarMLS #C7486204

Listed
$449,900
+1328.25%

Schools & Community

Elementary school: 

Memorial Elementary School

Middle school: 

DeSoto Middle School

High school: 

DeSoto County 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

$347,197
Asking price
$429,900
Closing costs (~8% of asking)
-$34,392
Est. remaining loan balance
-$48,311
Cash to seller
$347,197

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

Seller’s Loan History

Lender

Security Atlantic Mortgage Company Inc

Loan start date

February 2008

Original loan amount

$73,080

Est. remaining balance

$48,311

Interest rate

6.14%

Loan type

FHA, 30 year

Seller

William R Hall and Alicia W Hall

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 12:45 AM

Listing updated: 10/22/2024 at 11:42 AM

Listed by: Akos Jankura, COLDWELL BANKER SUNSTAR REALTY Phone #: (863) 494-0401

MLS: StellarMLS #C7499208

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