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$200,000

Beds
2
Baths
1.5
sq ft
872

315 Palm Ave, Eustis, FL 32726

315 Palm Ave

EUSTIS, FL 32726

  • 20 days on market
    • Price drop $40,000↓
This 2 Bedroom 1.5 Bath home is located only a few miles from downtown Eustis and its waterfront park. Built in 1920 this cracker style cottage is complimented with artistic stained glass details and an attic that has been converted into a loft style space with lots of storage and a bonus room. The loft is accessible with a nicely crafted wooden ladder and features closed cell insulation. The new owners will enjoy a cozy home with an indoor laundry, walk-in closet, HVAC and water heater installed in 2023. The one car garage is accessible via the back alley and a covered carport is also available. Please come visit to really appreciate the simple beauty of this charming home.

Details

Property type

Single Family Residence

Est. home value

$212,843

Lot size

6,498 sq ft

Price per sq ft

$230

Year built

1920

Annual property taxes

$974.21

HOA

No

Price History

09/17/2024
StellarMLS

StellarMLS #G5086481

Price change
$200,000
-16.67%
08/30/2024
StellarMLS

StellarMLS #G5086481

Listed
$240,000
+146.15%
05/22/2017
StellarMLS

StellarMLS #G4841230

Sold
$97,500
+45.52%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$103,378
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$80,622
Cash to seller
$103,378

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

May 2017

Original loan amount

$94,087

Est. remaining balance

$80,622

Interest rate

4.1%

Loan type

FHA, 30 year

Seller

Frank Curry Wadswortgh Jr and Sherree Lynn

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: 09/19/2024 at 7:15 PM

Listing updated: 09/17/2024 at 1:11 PM

Listed by: Deanne Davis, BHHS FLORIDA REALTY Phone #: (352) 729-7325

MLS: StellarMLS #G5086481

StellarMLS logo

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