tomo logo

$460,000

Beds
5
Baths
4.5
sq ft
2,376

501 Castlemain Cir, Davenport, FL 33897

501 Castlemain Cir

DAVENPORT, FL 33897

  • 160 days on market
Luxury Living Near Disney World! Your Dream Home Awaits you at 501 Castlemain Circle, Davenport, FL 33897! Welcome to your potential new home or investment property in the heart of the enchanting city of Davenport, just minutes away from the magic of Disney World and other exciting attractions. This tastefully furnished 5-bedrooms, 4 1/2-bathrooms house with two masters on the first floor is the epitome of luxury living and is now available for sale. Key Features: ? Prime Location: Nestled in the rapidly growing city of Davenport, this home offers unparalleled convenience with its proximity to Disney World and various other entertainment options. The neighborhood is not only safe and family-friendly, but also boasts a modern park, perfect for leisurely strolls and outdoor activities. New roof in 2022. ?? Turn-Key Airbnb Ready: This property is a true turn-key opportunity, tastefully furnished and equipped for Airbnb success. With everything in place, it's ready to go, making it an ideal investment for both short-term and long-term rentals. ?? Private Pool Paradise: Dive into luxury with your own private, expansive pool. Whether you're looking to relax after a long day or host unforgettable gatherings with friends and family, this pool area is sure to become your favorite spot in the house. ?? Two-Car Garage: Enjoy the convenience of a spacious two-car garage, providing secure parking for your vehicles and additional storage space. ??? This spacious home offers plenty of room for everyone. The five well-appointed bedrooms and four and a half bathrooms provide ample space and privacy, making it an ideal residence for families or those who love to entertain. ?? Versatile Zoning: Zoned for both long-term and short-term rentals, this property offers the flexibility to use it as your dream home, rent it yearly, or generate income through short-term rentals. Additional Features: Modern kitchen with updated appliances High-speed internet and cable TV ready. Air conditioning for year-round comfort. Pet-friendly options available. Don't miss out on this incredible opportunity. Call now!

Details

Property type

Single Family Residence

Est. home value

$451,224

Lot size

6,007 sq ft

Price per sq ft

$194

Year built

2001

Annual property taxes

$4,982.82

Monthly HOA fee

$157.67

Price History

04/28/2024
StellarMLS

StellarMLS #O6200134

Listed
$460,000
+2.22%
08/30/2022
StellarMLS

StellarMLS #A4540981

Sold
$450,000
+180.11%
04/02/2015
StellarMLS

StellarMLS #S4808518

Sold
$160,651

Schools & Community

Elementary school: 

Citrus Ridge

Middle school: 

Citrus Ridge

High school: 

Ridge Community Senior 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

$120,208
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$302,992
Cash to seller
$120,208

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$312,000

Est. remaining balance

$302,992

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Gloria H Louis and Bernadette Saint Jean

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: 10/04/2024 at 10:10 PM

Listing updated: 09/27/2024 at 2:20 PM

Listed by: Mervin Morgan, YOUNG REAL ESTATE Phone #: (407) 904-0069

MLS: StellarMLS #O6200134

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