tomo logo

$350,000

Beds
2
Baths
2.0
sq ft
1,584

26637 Otter Creek Ln, Leesburg, FL 34748

26637 Otter Creek Ln

LEESBURG, FL 34748

  • 87 days on market
    • Price drop $15,000↓
Price Adjusted! Previous Model House located in the best 55+ retirement golf community in America - Arlington Ridge. This stunning 2 bed, 1 den and 2 bath home showcases exceptional design and comfort. Many upgrades include but not limited to a rare extra-deep garage (2-car plus a golf cart) with epoxy flooring, professionally designed and installed landscaping, luxury vinyl plank flooring in common areas, and high power Fotile range hood exhausting to outside. The covered front porch welcomes you to a large foyer. The open concept design effortlessly connects the great room, the kitchen and the dining room. The modern kitchen is a chef's delight, featuring quartz counter top, pull-out lower cabinet drawers, stainless steel appliances and walk-in pantry. Retreat to the master bedroom suite, a sanctuary with dual walk-in closets, double vanity with quartz counter top and walk-in shower with upgraded tiles. The 2nd bedroom, the 2nd full bath and the den/office with the cathedral ceiling combine comfort and elegance with function. This house boasts a spacious screened Florida room offering beautiful views of trees and flowers, along with a charming front porch perfect for relaxing. All furniture are almost new in high quality and can be purchased separately. The amenity rich Arlington Ridge offers an 18-hole championship golf course, a village square with a social hall, a restaurant for onsite dining, tennis/pickleball courts, a private theater, fitness center, a lap pool along with a large community pool and a secluded spa (all are heated in the winter). You'll have endless opportunities to stay active and social with arts & crafts, clubs, dances, music and comedy groups. All these plus the guarded gate only cost a monthly HOA fee of $91, which also includes the lawn mowing, internet and cable. This home is more than just a place to live—it's a lifestyle. Don't miss your chance to own a piece of paradise in one of the most sought-after communities! More community photos can be seen here: https://arlingtonridgeusa.com/image-gallery/# Arlington Ridge community video can be seen here: https://arlingtonridgeusa.com/video-tour/

Details

Property type

Single Family Residence

Est. home value

$335,394

Lot size

6,360 sq ft

Price per sq ft

$221

Year built

2020

Annual property taxes

$2,619

Monthly HOA fee

$91.23

Price History

10/13/2024
StellarMLS

StellarMLS #O6231054

Price change
$350,000
-4.11%
09/14/2024
StellarMLS

StellarMLS #O6231054

Price change
$365,000
-3.69%
08/10/2024
StellarMLS

StellarMLS #O6231054

Listed
$379,000
+61.35%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Golf, Pool, Restaurant, Sidewalks, Tennis Court(s)

Senior community center: 

Yes

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

$189,023
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$132,977
Cash to seller
$189,023

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

Seller’s Loan History

Lender

Fifth Third Bank

Loan start date

September 2020

Original loan amount

$146,000

Est. remaining balance

$132,977

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

John M Reeder and Ji Hong Zhu

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: 11/05/2024 at 2:40 PM

Listing updated: 10/13/2024 at 10:27 AM

Listed by: Sherry Wang, KELLER WILLIAMS CLASSIC Phone #: (407) 292-5400

MLS: StellarMLS #O6231054

StellarMLS logo

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