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$350,000

Beds
3
Baths
2.0
sq ft
1,230

301 E Grace St, Punta Gorda, FL 33950

301 E Grace St

PUNTA GORDA, FL 33950

  • 10 days on market
AMAZING opportunity to OWN this home for virtually LESS than the monthly cost of RENT with OWNER FINANCING at very favorable terms! This 8 years young home has all the modern conveniences along with a strong and well-built concrete construction and raised foundation, metal roof and impact windows. (Even after all of the most recent hurricanes, no damage or flooding has happened to this home…that alone is amazing!) The home lives large on one level and is move-in ready, boasting an open floor plan with granite countertops, wood cabinets and stainless steel appliances. Centrally located in the Historic District of downtown Punta Gorda, this house is a peaceful retreat that is walking distance to shopping, dining, art galleries, medical care, schools, waterfront parks, fishing piers, boat ramps, weekend farmer's market, police station, convention center and lots of fun events! Walk to nearby restaurants or stroll along the waters edge on walking trails and bike paths just blocks away. The home is situated in a great neighborhood within close proximity to US-41 and walking distance or a short drive to all local favorites such as Fishermen's Village, Ponce De Leon Park, Convention Center, boutiques, fine & casual dining and LIVE entertainment. A MUST SEE with the owner financing and No HOA fees and an even bigger COST SAVINGS…flood insurance will NOT be mandated as a term of the financing.

Details

Property type

Single Family Residence

Est. home value

$285,856

Lot size

7,028 sq ft

Price per sq ft

$285

Year built

2017

Annual property taxes

$2,300.72

HOA

No

Price History

02/12/2025
StellarMLS

StellarMLS #TB8345433

Listed
$350,000
+6.06%
06/08/2023
StellarMLS

StellarMLS #C7475189

Sold
$330,000
+94.12%
04/05/2017

FGCMLS #216079393

Sold
$170,000

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

$122,057
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$199,943
Cash to seller
$122,057

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

Seller’s Loan History

Lender

Lennar Mortgage Llc

Loan start date

May 2022

Original loan amount

$231,252

Est. remaining balance

$199,943

Interest rate

4.17%

Loan type

New Conventional, 15 year

Seller

Srikanth Tadikonda and Anusha Yalamanchili

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: 02/22/2025 at 9:45 PM

Listing updated: 02/13/2025 at 6:52 AM

Listed by: Stephen Hachey, FLAT FEE MLS REALTY Phone #: (813) 642-6030

MLS: StellarMLS #TB8345433

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