tomo logo

$79,000

Beds
2
Baths
2.0
sq ft
1,134

500 Newell Hill Rd Unit 102D, Leesburg, FL 34748

500 Newell Hill Rd Unit 102D

LEESBURG, FL 34748

  • 215 days on market
    • Price drop $9,000↓
Welcome to your serene retreat in the heart of convenience! Nestled in a tranquil setting, this second-story 2-bedroom, 2-bathroom condo offers the perfect blend of peace and accessibility. Enjoy the quietude of no neighbors above while relishing the spaciousness and comfort that Florida living promises. This charming condo is situated in a desirable 55 and over community, designed with your lifestyle in mind. The location is a dream – just moments away from nearby hospitals, a variety of restaurants, and prime shopping destinations. A conveniently located bus stop within the community ensures easy access to all your shopping needs. Outdoor enthusiasts will appreciate the proximity to a beautiful chain of lakes, perfect for a day of adventure and leisure. Additionally, major highways are just a short drive away, making travel and commuting a breeze. The community itself boasts a wealth of amenities including a refreshing pool, and a well-appointed clubhouse for your enjoyment. The HOA fee is comprehensive, covering water, sewer, trash, and cable, ensuring a hassle-free living experience. Don’t miss out on the opportunity to make this spacious condo your new home. Schedule your showing today and discover the perfect balance of tranquility and convenience!

Details

Property type

Condominium

Est. home value

$94,933

Lot size

1,384 sq ft

Price per sq ft

$70

Year built

1975

Annual property taxes

$174

Monthly HOA fee

$505

Price History

01/04/2025
StellarMLS

StellarMLS #O6212311

Price change
$79,000
-10.23%
01/01/2025
StellarMLS

StellarMLS #O6212311

Listed
$88,000
09/30/2024
StellarMLS

StellarMLS #O6212311

Removed
$88,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Pool, Sidewalks

Senior community center: 

Yes

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

$22,694
Asking price
$79,000
Closing costs (~8% of asking)
-$6,320
Est. remaining loan balance
-$49,986
Cash to seller
$22,694

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

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

January 2007

Original loan amount

$80,500

Est. remaining balance

$49,986

Interest rate

6.11%

Loan type

New Conventional, 30 year

Seller

James D Ciardi

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: 01/06/2025 at 10:45 PM

Listing updated: 01/03/2025 at 8:48 PM

Listed by: Corey Smallman, MARKET CONNECT REALTY LLC Phone #: (407) 250-4708

MLS: StellarMLS #O6212311

StellarMLS logo

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