tomo logo

$600,000

Beds
4
Baths
4.0
sq ft
2,868

2656 Reagan Trl, Lake Mary, FL 32746

2656 Reagan Trl

LAKE MARY, FL 32746

  • 68 days on market
    • Price drop $20,900↓
One or more photo(s) has been virtually staged. MOTIVATED SELLERS! JUST REDUCED! PRICED TO SELL! PRICE IMPROVEMENT! Rare Opportunity to Create Equity! This spacious, vacant home in the desirable gated community of The Cove in Lake Mary is a true diamond in the rough. With nearly 3,000 sq. ft. of living space, this home offers a unique chance to roll up your sleeves, make cosmetic updates, and build instant equity. While it needs some work, the potential is limitless! Recent upgrades include a brand-new roof (2021) and a new water heater (2024), so you’ll have peace of mind as you update and transform this home into your dream space. New vinyl flooring throughout and refreshed bathrooms provide a great starting point for your vision. This two-story home boasts 4 bedrooms, 4 full bathrooms, and a spacious family room that opens to an enclosed screened pool and spa—perfect for entertaining or relaxing. The high ceilings and abundant natural light enhance the open floor plan, and the three-car garage provides plenty of storage and parking. Located in a top-rated school district, with easy access to SR 417, Sun Rail, shopping, and dining, this property offers both convenience and opportunity. Don’t miss this rare chance to own a home where your investment can truly pay off. Schedule your showing today and see the potential for yourself!

Details

Property type

Single Family Residence

Est. home value

$652,716

Lot size

0.27 acres

Price per sq ft

$210

Year built

2001

Annual property taxes

$6,856

Monthly HOA fee

$85

Price History

12/13/2024
StellarMLS

StellarMLS #O6249234

Price change
$600,000
-3.37%
10/16/2024
StellarMLS

StellarMLS #O6249234

Listed
$620,900
+134.3%
11/21/2008
StellarMLS

StellarMLS #O4857988

Sold
$265,000

Schools & Community

Elementary school: 

Wicklow Elementary

Middle school: 

Millennium Middle

High school: 

Seminole High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citadel Servicing Corporation

Loan start date

February 2023

Original loan amount

$330,000

Est. remaining balance

Not provided

Interest rate

6.31%

Loan type

Balloon, 30 year

Seller

M & A Property Ventures 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 1:50 PM

Listing updated: 12/13/2024 at 8:42 AM

Listed by: Lila Amalbert, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #O6249234

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