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$225,990

Beds
2
Baths
2.0
sq ft
1,494

3118 Cedar St, Lake Wales, FL 33898

3118 Cedar St

LAKE WALES, FL 33898

  • 15 days on market
    • Price drop $16,910↓
Welcome to the space you didn't know you needed! Sitting on nearly half an acre with no HOA, this spacious 2-bedroom, 2-bathroom home offers everything you're looking for and more. With almost 1,500 sq. ft. of living space, an oversized carport, and plenty of yard space, you'll have room to grow and enjoy. Recent updates include a new roof in 2022, new AC and a new water heater. This home has been lovingly maintained and is ready for you to move in. Don't miss out-schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$226,727

Lot size

0.42 acres

Price per sq ft

$152

Year built

1960

Annual property taxes

$2,854

HOA

No

Price History

02/13/2025
StellarMLS

StellarMLS #S5120283

Price change
$225,990
-6.96%
02/07/2025
StellarMLS

StellarMLS #S5120283

Listed
$242,900
+245.27%
06/29/2020
StellarMLS

StellarMLS #O5845042

Sold
$70,350

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

$77,241
Asking price
$225,990
Closing costs (~8% of asking)
-$18,079
Est. remaining loan balance
-$130,670
Cash to seller
$77,241

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

December 2021

Original loan amount

$140,000

Est. remaining balance

$130,670

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Imelda Cata

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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Manufactured

48 Queen of Waters St Unit 14, Lake Wales, FL 33898

Status: Active

Tomo last checked: 02/22/2025 at 6:35 PM

Listing updated: 02/13/2025 at 5:39 PM

Listed by: Dennis Romero Osorio, WEICHERT REALTORS HALLMARK PRO Phone #: (407) 870-8388

MLS: StellarMLS #S5120283

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Recently listed in LAKE WALES