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$760,000

Beds
5
Baths
3.0
sq ft
3,522

444 Lake Rd, Lake Mary, FL 32746

444 Lake Rd

LAKE MARY, FL 32746

  • 92 days on market
    • Price drop $35,000↓
One or more photo(s) has been virtually staged.PRICED UNDER APPRAISED VALUE!! This is a great opportunity for outdoor enthusiasts, to own a slice of paradise! Nestled on close to 2 acres on beautiful Lake Bingham in Lake Mary, this lakefront retreat offers the perfect blend of serenity and opportunity, including a fully attached mother-in-law suite! With NO HOA and A-1 ZONING, there are so many possibilities! If you’re looking to ACCOMMODATE HORSES or other livestock, the land can be easily fenced in within the road easement borders—perfect for those wanting a bit of country living right in the heart of Lake Mary. Imagine tending to your very own fruit orchard! The property includes two avocado trees, a tangelo tree, two mango trees, a mulberry tree, and banana trees. For those with a passion for gardening or a love of fresh, homegrown produce, this property is a dream come true. Plus, there’s ample space to build a WORKSHOP for your hobbies or projects, making it a haven for creativity. As you step inside you’ll discover 3,522 square feet of thoughtfully designed living space. This home features 5 bedrooms and 3 bathrooms, all highlighted by architecturally striking A-frame windows that invite natural light and showcase the stunning views of Lake Bingham. The ATTACHED MOTHER-IN-LAW SUITE is a true gem, complete with its own wood-burning fireplace, cozy family room, full kitchen, and private deck access—great for guests or multi-generational living. Recent upgrades make this home move-in ready, including a new roof, updated siding, gutters, and soffit (2021), along with brand-new decking (2023/2024). The kitchen and bathrooms have also been beautifully updated, giving it a fresh, modern feel. Located just minutes from downtown Lake Mary, you’ll enjoy easy access to dining, shopping, and parks while still relishing the tranquility of your private retreat. If you’re ready to embrace a lifestyle filled with outdoor adventures and endless possibilities, don’t miss out—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$715,408

Lot size

1.88 acres

Price per sq ft

$216

Year built

1981

Annual property taxes

$4,122

HOA

No

Price History

11/03/2024
StellarMLS

StellarMLS #O6230218

Price change
$760,000
-4.4%
10/03/2024
StellarMLS

StellarMLS #O6230218

Price change
$795,000
-3.64%
09/13/2024
StellarMLS

StellarMLS #O6230218

Price change
$825,000
-5.71%

Schools & Community

Elementary school: 

Lake Mary Elementary

Middle school: 

Greenwood Lakes Middle

High school: 

Lake Mary 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

$371,500
Asking price
$760,000
Closing costs (~8% of asking)
-$60,800
Est. remaining loan balance
-$327,700
Cash to seller
$371,500

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

Seller’s Loan History

Lender

John L Nerness

Loan start date

June 2016

Original loan amount

$400,000

Est. remaining balance

$327,700

Interest rate

3.57%

Loan type

Not Provided, 30 year

Seller

David Nerness and Pamela Nerness

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: 11/13/2024 at 10:50 PM

Listing updated: 11/07/2024 at 1:48 PM

Listed by: Anne-Marie Wurzel, MAINFRAME REAL ESTATE Phone #: (407) 513-4257

MLS: StellarMLS #O6230218

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