tomo logo

$250,000

Beds
2
Baths
2.0
sq ft
1,091

416 40th Ct W, Palmetto, FL 34221

416 40th Ct W

PALMETTO, FL 34221

  • 30 days on market
    • Price drop $10,000↓
Welcome to your hidden gem in the heart of Melwood Oaks—a villa that proves you really can have it all without breaking the bank! As you arrive at this end unit 2-bedroom, 2-bathroom beauty, you’ll be greeted by your very own private courtyard—perfect for sipping morning coffee or sneaking in a little sunshine. Inside, prepare to be wowed by high ceilings and a flood of natural light that highlights the luxury vinyl plank flooring throughout. The kitchen has been updated with stainless steel appliances and modern hardware transforming the space. Barstool seating space is perfect for meals on the go, in this open concept space. The owner’s suite is your personal sanctuary, complete with a walk-in closet big enough to satisfy even the most avid shopper. And with an ensuite bathroom, you’ll never have to share your space again. The second bedroom is perfectly sized for guests, who’ll have their own nearby bathroom. But wait, there’s more! Head out to the screened-in lanai, where laundry day gets a serious upgrade with your own private laundry closet. And if you’ve got a four-legged friend, they’ll love the fully fenced backyard—no leash required. Living in Melwood Oaks means saying goodbye to yard work and hello to more “me time” with low-maintenance living that includes grounds maintenance, cable, and internet. Plus, you’ll have access to a community pool for your enjoyment year round, all with low HOA fees. Tucked away yet perfectly positioned near US 19, with easy access to I75, 275, and US 41. This allows for an easy commute to Bradenton, St. Petersburg and Sarasota and our beautiful Gulf Coast Beaches. What more can you ask for? Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$259,575

Lot size

4,095 sq ft

Price per sq ft

$230

Year built

1994

Annual property taxes

$1,319

Monthly HOA fee

$240

Price History

09/16/2024
StellarMLS

StellarMLS #A4620748

Price change
$250,000
-3.85%
08/20/2024
StellarMLS

StellarMLS #A4620748

Listed
$260,000
+101.55%
04/28/2016
StellarMLS

StellarMLS #A4149475

Sold
$129,000

Schools & Community

Elementary school: 

Palm View Elementary

Middle school: 

Lincoln Middle

High school: 

Palmetto High

Community features: 

Pool

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

$112,302
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$117,698
Cash to seller
$112,302

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

November 2021

Original loan amount

$125,500

Est. remaining balance

$117,698

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Carina D Douglas and Troy L Douglas

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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Manufactured

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Status: Active

Tomo last checked: 09/19/2024 at 6:05 PM

Listing updated: 09/16/2024 at 11:59 AM

Listed by: Ashley Wallace, MAVREALTY Phone #: (727) 314-3942

MLS: StellarMLS #A4620748

StellarMLS logo

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