tomo logo

$220,000

Beds
3
Baths
2.0
sq ft
1,316

5032 Koli Ct, North Port, FL 34287

5032 Koli Ct

NORTH PORT, FL 34287

  • Pending
Under contract-accepting backup offers. Calling all project seekers!!! Lake front home in a need of updating and repairs. House is 3 bedroom with den or family room, 2 bath, 1 oversized car garage 1316sq. feet under air, 1967 total sq. feet, built in 1980, frame home. This home sustained water damage after last major hurricane Ian, drywall that had water damage been repaired. However other updating such as new kitchen, both bathrooms are required. No carpets in the bedrooms just concrete slab, needs new electric panel ( Sylvania) since its not insurable. New roof in February 2023, water heater is 1 year old. A/C is old 2012 but works. House will require flood insurance since Recently in March 2024 was rezoned as partially in floodzone AE 11 feet (current owner does not have elevation certificate). Positive things about this house: sits on very private cul-de-cas lot that is oversized and has amazing water view of Blue Ridge Lake. If you are handy and want a project this home is for you! Cash offers only! No sight unseen offers or assignments! Proof of funds will be required , 3 day inspection will be given with accepted offer.

Details

Property type

Single Family Residence

Est. home value

$274,613

Lot size

0.32 acres

Price per sq ft

$168

Year built

1980

Annual property taxes

$1,245

Price History

07/24/2024
StellarMLS

StellarMLS #A4613301

Pending
$220,000
06/08/2024
StellarMLS

StellarMLS #A4613301

Listed
$220,000
+186.64%
02/26/2013
StellarMLS

StellarMLS #C7037743

Sold
$76,750
-58.51%

Schools & Community

Elementary school: 

Cranberry Elementary

Middle school: 

Heron Creek Middle

High school: 

North Port 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

$120,632
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$81,768
Cash to seller
$120,632

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

Seller’s Loan History

Lender

The Lending Group Inc

Loan start date

April 2005

Original loan amount

$145,000

Est. remaining balance

$81,768

Interest rate

5.85%

Loan type

New Conventional, 30 year

Seller

Fidel Aguiar and Hernando Hernandez

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: Pending/Under Contract

Tomo last checked: 07/28/2024 at 2:05 AM

Listing updated: 07/24/2024 at 10:36 AM

Listed by: Lidiya Korzhuk, PA, REAL RE GROUP LLC Phone #: (941) 661-5767

MLS: StellarMLS #A4613301

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