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$178,000

Beds
3
Baths
3.0
sq ft
1,353

2400 Fred Smith Rd Unit 105, Tallahassee, FL 32303

2400 Fred Smith Rd Unit 105

TALLAHASSEE, FL 32303

  • 104 days on market
    • Price drop $7,000↓
EXCELLENT LOCATION!!! LOWEST PRICE ! Perfect for First time homebuyers and EVEN GREATER investor OPPORTUNITY! THIS CONDO HAS 3 OWNER SUITES! OWN IT AND RENT THE OTHER 2 UNITS FOR MORTGAGE FREE LIVING, OR RENT ALL 3 OUT FOR AN ANNUAL INCOME OF $25,000. One UNIT is located downstairs, second has an adorable balcony, and the third has a large bathroom with a double sink vanity. LOW HOA covers exterior maintenance for no hassle living. INCREDABLE LOCATION, CONVENIETLY LOCATED NEAR I-10, 9 MIN DRIVE TO FSU CAMPUS AND WALKABLE TO SHOPS AND RESTAURANTS.

Details

Property type

Condominium

Est. home value

$148,805

Lot size

721 sq ft

Price per sq ft

$132

Year built

2006

Annual property taxes

$1,811.92

Monthly HOA fee

$162

Price History

07/18/2024
StellarMLS

StellarMLS #O6211615

Price change
$178,000
-3.78%
06/07/2024
StellarMLS

StellarMLS #O6211615

Listed
$185,000
+48%
07/09/2021
Tallahassee

Tallahassee #333183

Sold
$125,000
+64.47%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$71,725
Asking price
$178,000
Closing costs (~8% of asking)
-$14,240
Est. remaining loan balance
-$92,035
Cash to seller
$71,725

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

February 2008

Original loan amount

$138,300

Est. remaining balance

$92,035

Interest rate

6.11%

Loan type

Not Provided, 30 year

Seller

Brian Dean

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: 09/19/2024 at 7:10 PM

Listing updated: 07/17/2024 at 8:18 PM

Listed by: Silvia Stamenova, CHARLES RUTENBERG REALTY ORLANDO Phone #: (407) 622-2122

MLS: StellarMLS #O6211615

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