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$567,434Estimated home value

Beds
3
Baths
3.5
sq ft
2,993

403 SW Cherrywood Way, Lake City, FL 32025

403 SW Cherrywood Way

LAKE CITY, FL 32025

  • Off market
    • Price drop $31,111↓
Beautiful large custom home on five wooded acres. Three bedrooms and three and a half baths in over 3900 square feet. Additional 5 acres is also available. Easy access to I75 for a quick commute to Gainesville and Lake City. Oversized primary bedroom with sitting area and large bath. Custom kitchen with double ovens, corian counters, island, and walk-in pantry. Large laundry room. Multiple living areas, indoor patio, and an office.

Details

Property type

Single Family Residence

Est. home value

$567,434

Lot size

5.01 acres

Price per sq ft

$147

Year built

2005

Annual property taxes

$4,138

Price History

08/20/2024
StellarMLS

StellarMLS #A4614312

Removed
$438,888
07/31/2024
StellarMLS

StellarMLS #A4614312

Price change
$438,888
-6.62%
07/23/2024
StellarMLS

StellarMLS #A4614312

Price change
$469,999
-5.98%

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

$144,789
Asking price
$438,888
Closing costs (~8% of asking)
-$35,111
Est. remaining loan balance
-$258,988
Cash to seller
$144,789

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

Seller’s Loan History

Lender

Carrington Mortgage Services Llc

Loan start date

January 2022

Original loan amount

$274,409

Est. remaining balance

$258,988

Interest rate

3.1%

Loan type

VA, 30 year

Seller

Todd M Reeves and Mayriam B Javier

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?

Status: Off Market

Tomo last checked: 10/04/2024 at 10:45 PM

Listing updated: 07/31/2024 at 5:30 PM

Listed by: Scott Fader, JOSEPH WALTER REALTY LLC Phone #: (248) 294-7850

MLS: StellarMLS #A4614312

StellarMLS logo

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