tomo logo

$189,000

Beds
2
Baths
1.0
sq ft
832

306 Lee St, Leesburg, FL 34748

306 Lee St

LEESBURG, FL 34748

  • 48 days on market
    • Price drop $10,000↓
Great investment opportunity in the heart of Leesburg Florida! Located in very close proximity to downtown, this cute little 2 Bedroom 1 Bath home comes with many recent updates including NEW ROOF (2021), NEW AC (2021), NEW WATER HEATER (2021), New plumbing, exterior paint and Granite Countertops. Home is currently occupied by tenants with a signed lease, $1,500.00 monthly until April of 2027, making this a very solid investment property to add to your portfolio. You do not want to miss out on this opportunity! Call today to schedule your private showing.

Details

Property type

Single Family Residence

Est. home value

$185,099

Lot size

7,030 sq ft

Price per sq ft

$228

Year built

1958

Annual property taxes

$1,366.64

Price History

08/16/2024
StellarMLS

StellarMLS #G5085216

Price change
$189,000
-5.03%
07/30/2024
StellarMLS

StellarMLS #G5085216

Listed
$199,000
+29.22%
03/04/2022
StellarMLS

StellarMLS #R4905477

Sold
$154,000

Schools & Community

Elementary school: 

Leesburg Elementary

Middle school: 

Carver Middle

High school: 

Leesburg High

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

$32,841
Asking price
$189,000
Closing costs (~8% of asking)
-$15,120
Est. remaining loan balance
-$141,039
Cash to seller
$32,841

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

Seller’s Loan History

Lender

Equity Prime Mortgage Llc

Loan start date

March 2022

Original loan amount

$148,410

Est. remaining balance

$141,039

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Erich Felder Stokes and Roxanne Cole

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: 09/16/2024 at 4:35 PM

Listing updated: 08/16/2024 at 11:41 AM

Listed by: Matthew Yoder, KELLER WILLIAMS ELITE PARTNERS III REALTY Phone #: (321) 527-5111

MLS: StellarMLS #G5085216

StellarMLS logo

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