tomo logo

$200,000

Beds
2
Baths
1.0
sq ft
1,008

4802 51st St W Unit 1305, Bradenton, FL 34210

4802 51st St W Unit 1305

BRADENTON, FL 34210

  • 164 days on market
    • Price drop $10,000↓
Nestled in the highly desirable Palms of Cortez gated community at the heart of Bradenton, this second-floor condo offers convenience and comfort. Featuring 2 bedrooms and 1 bathroom, the unit boasts vinyl plank flooring throughout the living space, creating a modern ambiance. Natural light fills the bright and open layout of this corner unit, complemented by a large screened patio perfect for relaxing outdoors. Enjoy the tranquility of this quiet neighborhood corner, with easy access to community amenities including a pool, fitness center, clubhouse, and tennis courts. HVAC was replaced in 2020. Located close to a community park and pool, and just a short drive from Anna Maria Island and Bradenton beaches, this property is ideal for both homeowners and investors alike. Currently tenant-occupied until March 2025, it presents a great opportunity for immediate rental income. Book your showing today- this one won't last long!

Details

Property type

Condominium

Est. home value

$238,483

Lot size

Unknown

Price per sq ft

$199

Year built

2002

Annual property taxes

$2,687

Monthly HOA fee

$373

Price History

09/10/2024
StellarMLS

StellarMLS #A4616821

Price change
$200,000
-4.76%
08/21/2024
StellarMLS

StellarMLS #A4616821

Price change
$210,000
-6.67%
07/12/2024
StellarMLS

StellarMLS #A4616821

Listed
$225,000
+95.65%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Park, Playground, Pool, Sidewalks, Tennis Court(s)

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

-$422,995
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$606,995
Cash to seller
-$422,995

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

October 2018

Original loan amount

$920,003

Est. remaining balance

$606,995

Interest rate

4.01%

Loan type

New Conventional, 15 year

Seller

Reid Reale

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: 12/23/2024 at 11:35 AM

Listing updated: 12/02/2024 at 1:03 PM

Listed by: Hannah Moore, WAGNER REALTY Phone #: (941) 955-1500

MLS: StellarMLS #A4616821

StellarMLS logo

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