tomo logo

$120,000

Beds
3
Baths
1.0
sq ft
800

2477 CR 526, Sumterville, FL 33585

2477 CR 526

SUMTERVILLE, FL 33585

  • 774 days on market
    • Price drop $20,000↓
GREAT INVESTMENT OPPORTUNITY! This 3/1 home ON 1/2 ACRE has been a money maker since day one. Or this could be a great first time home. Its tenant occupied and tenant pays on time each month.

Details

Property type

Single Family Residence

Est. home value

$593,698

Lot size

0.5 acres

Price per sq ft

$150

Year built

1961

Annual property taxes

$458.51

HOA

No

Price History

10/30/2024
StellarMLS

StellarMLS #O6071880

Price change
$120,000
-14.29%
11/11/2022
StellarMLS

StellarMLS #O6071880

Listed
$140,000

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

-$469,535
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$579,935
Cash to seller
-$469,535

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

Seller’s Loan History

Lender

Gte Fcu

Loan start date

October 2023

Original loan amount

$586,625

Est. remaining balance

$579,935

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Adrian Salazar Machado and Rosella Annetto Briceno

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: 12/25/2024 at 12:00 AM

Listing updated: 10/30/2024 at 4:12 PM

Listed by: Tom Langmann, RE/MAX 200 REALTY Phone #: (407) 629-6330

MLS: StellarMLS #O6071880

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