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$300,900

Beds
3
Baths
2.0
sq ft
1,677

500 W Fountain St, Fruitland Park, FL 34731

500 W Fountain St

FRUITLAND PARK, FL 34731

  • 58 days on market
    • Price drop $13,000↓
Welcome to this charming 3-bedroom, 2-bath ranch-style home, nested right in the center of Fruitland Park.This one-level gem offers an ideal layout for families, or anyone seeking easy, low-maintenance living. A gated driveway with ample accommodation for two vehicles leads to a detached two car garage w/ a workshop that is available for its original purpose or for conversion. The exterior and interior have been repaired and repainted, the home was rewired within the last four years, both the home and the detached garage had a newer metal roof, and a new drain field just recently installed, brand new water heater tank and updated all electric. This beautiful large lot home currently is tenants occupied. The annual lease will be expired by May 2025. With the great tenant and additional garage rent out, this low maintenance single family is great opportunity for investors and first time home buyer. Call and schedule for a showing today.

Details

Property type

Single Family Residence

Est. home value

$264,467

Lot size

0.54 acres

Price per sq ft

$180

Year built

1936

Annual property taxes

$1,724

HOA

No

Price History

11/14/2024
StellarMLS

StellarMLS #S5113606

Price change
$300,900
-4.14%
10/26/2024
StellarMLS

StellarMLS #S5113606

Listed
$313,900
+25.61%
04/28/2022
StellarMLS

StellarMLS #T3353811

Sold
$249,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$50,854
Asking price
$300,900
Closing costs (~8% of asking)
-$24,072
Est. remaining loan balance
-$225,974
Cash to seller
$50,854

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

April 2022

Original loan amount

$237,405

Est. remaining balance

$225,974

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Saul D Chinchilla Bonilla

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 9:55 AM

Listing updated: 11/20/2024 at 4:55 PM

Listed by: Twigy Feng, LA ROSA REALTY ORLANDO LLC Phone #: (407) 288-7384

MLS: StellarMLS #S5113606

StellarMLS logo

Recently listed in FRUITLAND PARK