tomo logo

$259,000

Beds
3
Baths
2.0
sq ft
1,200

3559 S Michigan Blvd, Homosassa, FL 34448

3559 S Michigan Blvd

HOMOSASSA, FL 34448

  • 19 days on market
    • Price drop $20,000↓
Major price adjustment! Bring offers. Great investment opportunity on a beautiful, updated and well-maintained single family home in Homosassa with a strong long-term tenant in place and high return. Not affected by recent storms, house stayed dried and without damage. This 3-bedroom, 2-full baths house was fully renovated in the last 2 years and all major system were updated: roof, septic tank, AC, electric panel, water heater and more. Spacious and well designed, the house boasts a modern kitchen with stone countertops and SS appliances, A fully screened porch, and a wood burning fireplace. With no HOA and no lease restrictions this is perfect opportunity for both new and savvy investors. Showings by appointments only, please respect tenants privacy.

Details

Property type

Single Family Residence

Est. home value

$240,696

Lot size

6,900 sq ft

Price per sq ft

$216

Year built

1977

Annual property taxes

$2,415

HOA

No

Price History

12/12/2024
StellarMLS

StellarMLS #TB8322817

Price change
$259,000
-7.17%
12/04/2024
StellarMLS

StellarMLS #TB8322817

Listed
$279,000
+15.05%
08/17/2022
CitrusCounty

CitrusCounty #813793

Sold
$242,500
+116.52%

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

$78,495
Asking price
$259,000
Closing costs (~8% of asking)
-$20,720
Est. remaining loan balance
-$159,785
Cash to seller
$78,495

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2024

Original loan amount

$161,200

Est. remaining balance

$159,785

Interest rate

7.29%

Loan type

New Conventional, 30 year

Seller

Dan Kaplan

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 9:45 AM

Listing updated: 12/18/2024 at 1:57 PM

Listed by: Asaf Baror, MCPEAK REALTY GROUP INC Phone #: (813) 352-6659

MLS: StellarMLS #TB8322817

StellarMLS logo

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