tomo logo

$212,500

Beds
3
Baths
1.0
sq ft
1,340

3113 Elm St, Winter Haven, FL 33881

3113 Elm St

WINTER HAVEN, FL 33881

  • 53 days on market
Looking for a great investment property with a lot of potential? This is the perfect one for you! This 3 Bedroom, 1 bathroom concrete block home has 1340 sq ft living area, a large scr patio, plus a 22 X 21 bonus room w/ electric that could easily have air conditioning added to it. Bonus room is located on the other side of the scr patio but it's all under the same shingled roof! The shingle roof was replaced approx 6 years ago in 2018, the air conditioning was replaced in 2016, the septic/drainfield was redone in 2013, & 150 Amp service in 2018, and even the windows have been replaced throughout the home within the past year! The bonus room could be used for so many things such as a fabulous workshop or a hobby room or a home office work place, but ceiling of the bonus room needs some drywall in one corner and it needs to be retextured. The home needs some cosmetic updating but the seller already has bought nice tile for the floors that will be left for the buyers if they want it! The home currently has terrazzo floors in the BR's, kitchen & DR, but they need to be refinished. The bathroom has just been remodeled & features a beautifully tiled step-in shower w/ upgraded fixtures including a rain shower head. There is a large living room w/ a pretty picture window overlooking the majestic trees in the front yard. The back yard is large & has an above ground pool. Home is offered for sale to cash buyers and/or conventional financing only because of the repairs that still need to be done. All measurements are approximate and all info to be confirmed by the buyer.

Details

Property type

Single Family Residence

Est. home value

$209,744

Lot size

0.3 acres

Price per sq ft

$159

Year built

1955

Annual property taxes

$1,807.91

HOA

No

Price History

11/17/2024
StellarMLS

StellarMLS #P4932213

Listed
$212,500
10/05/2024
StellarMLS

StellarMLS #P4932213

Pending
$212,500
10/01/2024
StellarMLS

StellarMLS #P4932213

Listed
$212,500
+53.99%

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

$110,396
Asking price
$212,500
Closing costs (~8% of asking)
-$17,000
Est. remaining loan balance
-$85,104
Cash to seller
$110,396

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

July 2022

Original loan amount

$88,000

Est. remaining balance

$85,104

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Kimberly A Morgan

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?

Similar Homes Nearby

StellarMLS
$185,000
3 bd
|
1 ba
|
928 sq ft
|
House

1990 5th St NE, Winter Haven, FL 33881

Price drop
StellarMLS
$220,000
3 bd
|
1 ba
|
1,082 sq ft
|
House

2470 Avenue E SW, Winter Haven, FL 33880

StellarMLS
$239,900
3 bd
|
1 ba
|
1,080 sq ft
|
House

118 5th Jpv St, Winter Haven, FL 33880

Status: Active

Tomo last checked: 11/22/2024 at 9:45 PM

Listing updated: 11/17/2024 at 11:12 AM

Listed by: Julie Matthews, JULIE MATTHEWS GROUP LLC Phone #: (863) 528-0037

MLS: StellarMLS #P4932213

StellarMLS logo

Recently listed in WINTER HAVEN