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$875,000

Beds
4
Baths
3.5
sq ft
3,123

404 Palmola St, Lakeland, FL 33803

404 Palmola St

LAKELAND, FL 33803

  • 76 days on market
    • Price drop $24,000↓
Beautiful single story home located 3 houses from Lake Hollingsworth. This charming and renovated brick home boasts 3 bedrooms and 2 bathrooms in the interior of home, as well as a guest house with electrical, plumbing, and a mini split AC unit that can be used as an additional bedroom. The updated spacious kitchen is a cooks dream, and the primary suite has undergone significant upgrades under the current owners. The floor plan is split for additional privacy for guests. All bedrooms contain large closets for storage. There are multiple living areas, which contain hardwood flooring and the primary living room boasts a wood burning fireplace. The laundry room has undergone renovation as well. The spacious yard is well maintained with updated landscaping, creating an oasis of a view from the deck off the primary suite. There is also an additional full bathroom and extra storage located in the 2 car carport, as well as a half bath near the back door. The roof is 2022 and additional foam insulation has been sprayed to maintain a cool temperature at all times. This home is close enough to Lake Hollingsworth to boast Lake views from the sunroom, and its historic charm with modern amenities makes it a rare find. Centrally located in the heart of Lakeland close to the Polk Parkway, Florida Southern, Downtown, and many shops and restaurants. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$836,366

Lot size

0.5 acres

Price per sq ft

$281

Year built

1940

Annual property taxes

$11,829

HOA

No

Price History

11/13/2024
StellarMLS

StellarMLS #L4947334

Price change
$875,000
-2.67%
10/16/2024
StellarMLS

StellarMLS #L4947334

Price change
$899,000
-2.81%
09/27/2024
StellarMLS

StellarMLS #L4947334

Listed
$925,000

Schools & Community

Neighborhood: 

South Lake Morton

Elementary school: 

Dixieland Elem

Middle school: 

Southwest Middle School

High school: 

Lakeland Senior 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

$385,645
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$419,355
Cash to seller
$385,645

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

December 2020

Original loan amount

$460,000

Est. remaining balance

$419,355

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Dennis O Harrison Jr and Kristina F Harrison

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: 11/23/2024 at 5:30 AM

Listing updated: 11/13/2024 at 2:21 PM

Listed by: Julia Saunders, PAIGE WAGNER HOMES REALTY Phone #: (321) 749-4196

MLS: StellarMLS #L4947334

StellarMLS logo

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