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$1,195,000

Beds
5
Baths
3.5
sq ft
4,062

2939 Chancery Ln, Clearwater, FL 33759

2939 Chancery Ln

CLEARWATER, FL 33759

  • 112 days on market
    • Price drop $15,000↓
NON-FLOOD ZONE. HOA ONLY $62.50/month. ARV $1.4 Million. According to analysts, there will be a 4% increase in home prices by 2025... and with dropping interest rates, I'd schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'..." The average rate on a 30- and 15-year mortgage is around 6.0% - UNDER 7%! Maybe you ought to call your lender now because as interest rates drop, the demand for housing will increase... so don't miss out, make the call, and schedule your showing today of this great investment. About the property: •Fabulous home on Chancery Lane in Elysium / Chelsea Oaks - a highly sought-after community in Florida's City of Clearwater, Pinellas County. •This magnificent home is in move-in ready condition, equipped with the following beneficial features: •Full Masonry Block construction built in 1988. •Inground POOL to help you cool down any day of the week and entertain for years to come. •FIVE bedrooms. •4 Bathrooms. •Formal Living Room. •Formal Dining Room. •Family Room. •Dining Nook. •Gas burning fireplace. •AGAIN, HOA fees only $750/yr = $62.50/monthly. This alone and the fact that this home is located in a NON-FLOOD ZONE area of Clearwater, along with its community park and close to commerce, as well as public transportation, is a dream to many. •Properties like this are a dream to many, so don't delay and schedule your showing today because Forida's real estate market is on a continuous upswing, with no downward shift in sight!

Details

Property type

Single Family Residence

Est. home value

$1,152,084

Lot size

0.4 acres

Price per sq ft

$295

Year built

1988

Annual property taxes

$15,633

Monthly HOA fee

$62.5

Price History

11/19/2024
StellarMLS

StellarMLS #T3546552

Price change
$1,195,000
-1.24%
11/08/2024
StellarMLS

StellarMLS #T3546552

Price change
$1,210,000
-0.82%
10/31/2024
StellarMLS

StellarMLS #T3546552

Price change
$1,220,000
-1.61%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Sidewalks

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

World Savings Bank Fsb

Loan start date

August 2007

Original loan amount

$532,000

Est. remaining balance

Not provided

Interest rate

6.69%

Loan type

Negative Amortization, 30 year

Seller

Melinda G Mcentire

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: 11/22/2024 at 10:00 PM

Listing updated: 11/19/2024 at 2:06 PM

Listed by: Lissette Baradit, BARADIT PROFESSIONAL ASSOCIATION Phone #: (727) 371-6774

MLS: StellarMLS #T3546552

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