tomo logo

$3,098,000

Beds
4
Baths
3.0
sq ft
3,975

325 Magnolia St, Windermere, FL 34786

325 Magnolia St

WINDERMERE, FL 34786

  • 116 days on market
    • Price drop $50,000↓
Boasting a prime location in the Town of Windermere on Lake Down with access to the Butler Chain of Lakes, enjoy the perks of town and lake living being in the heart of Windermere. Less than half a mile from your front door and in walking distance is Windermere Main Street, hosting Paloma Coffee, shops and the new redevelopment of the 500 block in Downtown Windermere where there will be retail and restaurants. Enjoy the Farmer's Market every Friday morning where local farmers, food trucks and craftsman come to sell goods in addition to many events the Town of Windermere hosts throughout the year. Dixie Cream, a popular breakfast and lunch restaurant and the Windermere Brewing Company are equally as close. All the best of Windermere living within .4 miles of your front door. NO carpet, the home features travertine throughout and new luxury vinyl planking in the second and third bedrooms. The kitchen has a gas range with vented exhaust fan and a brand new top of the line, all-in-one convection oven/microwave and air fryer. Step into the Florida room and imagine yourself enjoying your morning cup of coffee or evening glass of wine looking over your pool onto the lake. Come experience what living in Windermere is about!

Details

Property type

Single Family Residence

Est. home value

$2,803,631

Lot size

2.97 acres

Price per sq ft

$780

Year built

1954

Annual property taxes

$23,635

HOA

No

Price History

10/30/2024
StellarMLS

StellarMLS #O6235395

Price change
$3,098,000
-1.59%
08/29/2024
StellarMLS

StellarMLS #O6235395

Listed
$3,148,000
06/27/2024
StellarMLS

StellarMLS #O6182702

Removed
$3,148,000

Schools & Community

Elementary school: 

Windermere Elem

Middle school: 

Gotha Middle

High school: 

Olympia 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

$1,761,657
Asking price
$3,098,000
Closing costs (~8% of asking)
-$247,840
Est. remaining loan balance
-$1,088,503
Cash to seller
$1,761,657

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

December 2021

Original loan amount

$1,162,500

Est. remaining balance

$1,088,503

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Mark W Clark and Mark W Clark Trust

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: 12/23/2024 at 6:20 AM

Listing updated: 10/30/2024 at 5:18 PM

Listed by: Rebekkah Boskovich, REVEL REALTY LLC Phone #: (407) 876-6448

MLS: StellarMLS #O6235395

StellarMLS logo

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