tomo logo

$399,999

Beds
2
Baths
2.0
sq ft
1,313

5047 Newport News Cir, Bradenton, FL 34211

5047 Newport News Cir

LAKEWOOD RANCH, FL 34211

  • 204 days on market
    • Price drop $7,901↓
Financing issues so Back on the market but no issues with home inspection. Gorgeous home located in top desired Lakewood Ranch! An absolute gem, premier pond view/lot in the desirable gated community of Central Park. Boasting a freshly painted exterior, built by Neal Homes, this open floor plan 2BD/2BTH split bedroom residence features a formal dining room, living room, eat in kitchen nook, with outdoor oversized / extended and screened in lanai overlooking your waterfront lot. With nine-foot ceilings, crown molding, plantation shutters, and a living room tray ceiling, get all of the coastal feels with this well-appointed design and decor home. The kitchen features a gas range, granite countertops, dishwasher, bar, pantry, great storage, and washer and gas dryer within the laundry closet. The HVAC system has been replaced in January '20. Attic ladder installed for additional storage convenience, two car garage, and irrigated mature landscaping. All of this is located within a fantastic school zone, and great convenience to I-75. Central Park offers its residents a full variety of amenities and neighborhood recreations such a two dog parks, splash park, playgrounds, and more. All of this within a very reasonable HOA. Florida Grant funds for 1st time home buyers. 6-12 month rentals give flexible investment options.

Details

Property type

Single Family Residence

Est. home value

$408,145

Lot size

6,312 sq ft

Price per sq ft

$305

Year built

2011

Annual property taxes

$3,764.46

Monthly HOA fee

$182.19

Price History

06/30/2024
StellarMLS

StellarMLS #A4594208

Price change
$399,999
-1.94%
06/14/2024
StellarMLS

StellarMLS #A4594208

Listed
$407,900
05/16/2024
StellarMLS

StellarMLS #A4594208

Pending
$407,900

Schools & Community

Elementary school: 

Gullett Elementary

Middle school: 

Unknown

High school: 

Lakewood Ranch High

Community features: 

Gated, Park, Playground, 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

$163,772
Asking price
$399,999
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$204,227
Cash to seller
$163,772

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

June 2018

Original loan amount

$229,900

Est. remaining balance

$204,227

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Melissa D Mitchell

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: 07/26/2024 at 4:15 AM

Listing updated: 07/21/2024 at 3:09 PM

Listed by: Tom Rydberg, LIVING VOGUE LLC Phone #: (800) 486-1794

MLS: StellarMLS #A4594208

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