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$235,000

Beds
3
Baths
1.0
sq ft
920

2805 Avenue M NW, Winter Haven, FL 33881

2805 Avenue M NW

WINTER HAVEN, FL 33881

  • 220 days on market
    • Price drop $10,000↓
Nestled in a quiet neighborhood, this charming block home exudes warmth and character at every turn. Step inside to discover a recently remodeled kitchen, featuring a stylish butcher block countertop that effortlessly combines functionality with rustic charm. Currently operating as a successful Airbnb average monthly $2,000 monthly, this residence presents an exceptional opportunity for first-time homebuyers seeking a cozy abode or savvy investors looking to capitalize on its income potential. Its welcoming atmosphere and prime location ensure a delightful stay for guests, making it a lucrative venture for those inclined to continue its use as a rental property. The carport offers versatility with room to expand into another living area, providing endless possibilities for customization and adding value to the property. Rest easy knowing that this home has been well-maintained, with a new roof and recently replaced water heater ensuring both comfort and peace of mind for its future inhabitants. Whether you're seeking a starter home filled with character or an investment opportunity with promising returns, this house offers the perfect blend of charm and practicality. Don't miss your chance to make it your own.

Details

Property type

Single Family Residence

Est. home value

$167,551

Lot size

0.24 acres

Price per sq ft

$256

Year built

1955

Annual property taxes

$2,198

Price History

08/27/2024
StellarMLS

StellarMLS #O6205488

Listed
$235,000
07/25/2024
StellarMLS

StellarMLS #O6205488

Pending
$235,000
06/02/2024
StellarMLS

StellarMLS #O6205488

Price change
$235,000
-4.08%

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

$79,246
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$136,954
Cash to seller
$79,246

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

Seller’s Loan History

Lender

American Heritage Lending Inc

Loan start date

January 2023

Original loan amount

$140,000

Est. remaining balance

$136,954

Interest rate

6.58%

Loan type

New Conventional, 30 year

Seller

2805 Ave M Nw 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 8:00 AM

Listing updated: 09/01/2024 at 3:59 PM

Listed by: Steven Koleno, BEYCOME OF FLORIDA LLC Phone #: (804) 656-5007

MLS: StellarMLS #O6205488

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Recently listed in WINTER HAVEN