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$430,000

Beds
5
Baths
3.5
sq ft
2,269

386 Riggs Cir, Davenport, FL 33897

386 Riggs Cir

DAVENPORT, FL 33897

  • 64 days on market
    • Price drop $19,000↓
One or more photo(s) has been virtually staged. Experience the best of Florida living in this stunning home located at 386 Riggs Circle, nestled in the heart of Lake Davenport Estates in Davenport, FL. This beautiful 5-bedroom, 3.5-bathroom residence offers a perfect blend of comfort, style, and convenience, making it an ideal place to call home. This home boasts a generous floor plan with ample living space, perfect for both relaxation and entertaining. The open-concept design connects the living room, dining area, and kitchen seamlessly. The large master bedroom offers a private retreat with a walk-in closet and an en-suite bathroom, complete with a garden tub and separate shower. Four additional bedrooms provide plenty of space for family, guests, or a home office. With 3.5 bathrooms, this home ensures convenience and comfort for all residents and guests. Step outside to your West facing private backyard haven ensuring longer sun time, complete with a screened in covered patio and a sparkling pool, perfect for enjoying Florida’s sunny days. The attached 2 car garage provides convenient parking and extra storage space. A new roof was installed August 2021 and Pool was resurfaced in 2019 Entire home laminate flooring was done 2019 . All walls, doors (interior and exterior), baseboards, garage door, and kitchen cabinets were just freshly painted, (July 2024) including the concrete pool deck. The prime location is conveniently close to major roads, highways, and Interstate I-4, offering easy access to entertainment, shopping, restaurants, and commuting routes, making it an ideal choice for families and professionals alike. In addition to being an amazing family home, this property is ideally located for short-term rental opportunities. With its proximity to the popular Florida theme parks, and especially being less than 20 minutes from Disney property, it presents an excellent investment opportunity for those looking to capitalize on the thriving vacation rental market in Central Florida. Whether you're looking for a primary residence or an income-generating investment, this property promises a lifestyle of comfort, convenience, and potential returns. Come and see this home to experience firsthand the exceptional quality and unmatched value offered by 386 Riggs Circle. Don't miss out on this opportunity to own an amazing home with significant investment potential.

Details

Property type

Single Family Residence

Est. home value

$434,927

Lot size

5,101 sq ft

Price per sq ft

$190

Year built

1998

Annual property taxes

$4,748.61

Monthly HOA fee

$41.25

Price History

08/29/2024
StellarMLS

StellarMLS #O6193551

Price change
$430,000
-4.23%
08/17/2024
StellarMLS

StellarMLS #O6193551

Price change
$449,000
-2.18%
08/03/2024
StellarMLS

StellarMLS #O6193551

Price change
$459,000
-1.29%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Playground, Pool, Sidewalks, Tennis Court(s)

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

$143,053
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$252,547
Cash to seller
$143,053

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

December 2021

Original loan amount

$268,000

Est. remaining balance

$252,547

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Derek Michael Robert Holbrook and Alvana Ha

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: 09/20/2024 at 6:40 AM

Listing updated: 09/15/2024 at 3:09 PM

Listed by: Nick Graves, PIXEL REALTY Phone #: (352) 678-9405

MLS: StellarMLS #O6193551

StellarMLS logo

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