tomo logo

$475,900

Beds
4
Baths
3.0
sq ft
2,788

4030 N Scenic Hwy, Lake Wales, FL 33898

4030 N Scenic Hwy

LAKE WALES, FL 33898

  • Pending
    • Price drop $12,000↓
Under contract-accepting backup offers. This 1925 Craftsman Home sits on almost an acre, on Lake Starr and boasts a Mother In-Law Cottage & something in the main home you don't see often these days; a built in Storm Shelter in the basement! This can also be turned into a Wine Cellar. The original Cedar Exterior woodwork, with Flagstone Stone Wall & Accents, Wood Burning Fireplace & Claw Foot Tub add to the charm. The View of Bok Tower from the Dock & Lakefront, just looks like you could reach out and touch 1 of Florida's most recognized Landmarks. The Brand New Deck spreads the entire width of the home, and is adorned by 2 sets of wood trimmed cut glass Sliders that frame beautifully a grand picture window overlooking the Lake, This charming 2 level deck wraps around to the kitchen side door and which will accommodate grills, lawn chairs & patio furniture for a true Old Florida feel! OFFSET YOUR MORTGAGE-RENT GUEST COTTAGE The home has engineered wood flooring throughout the main level and tile in the bathrooms. You will have to see the Kitchen with the laundry room just off of the kitchen. The granite countertops, the Gas Range & Oven with an overhead retractable range hood vent, a dishwasher, fridge, and another Flat Surface Range with Vented Hood Microwave above, down a bit with this very wide Galley style Kitchen, with a wrap around bar that will accommodate 4 stools or chairs. This beauty has a Brand New Charcoal Architectural Shingle Roof that has been paid for and will be installed. Priced right!!! grab a piece of privacy and "Old Florida" Beauty today!

Details

Property type

Single Family Residence

Est. home value

$321,113

Lot size

0.82 acres

Price per sq ft

$171

Year built

1925

Annual property taxes

$4,132.49

Price History

07/04/2024
StellarMLS

StellarMLS #P4929902

Pending
$475,900
06/24/2024
StellarMLS

StellarMLS #P4929902

Price change
$475,900
-2.46%
06/11/2024
StellarMLS

StellarMLS #P4929902

Price change
$487,900
-1.83%

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

$213,802
Asking price
$475,900
Closing costs (~8% of asking)
-$38,072
Est. remaining loan balance
-$224,026
Cash to seller
$213,802

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

November 2022

Original loan amount

$228,787

Est. remaining balance

$224,026

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Roy C Irvin and Kathleen M Irvin

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: Pending/Under Contract

Tomo last checked: 07/07/2024 at 7:50 PM

Listing updated: 07/04/2024 at 4:51 PM

Listed by: Melissa McIntee, LA ROSA REALTY PRESTIGE Phone #: (863) 940-4850

MLS: StellarMLS #P4929902

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