tomo logo

$324,998

Beds
3
Baths
2.5
sq ft
1,629

506 Rainbow Springs Loop, Groveland, FL 34736

506 Rainbow Springs Loop

GROVELAND, FL 34736

  • 33 days on market
Welcome to this stunning townhome nestled within a resort-styled, gated community! This home features beautiful floors upon entering and the convenience of a spacious primary bedroom on the main floor. Upstairs, you'll find a versatile loft area and two additional bedrooms. Enjoy hosting gatherings with friends and family with an open floor plan and private fenced in patio. Kitchen boasts wood cabinets and quartz countertops. With an attached two-car garage and a serene neighborhood setting, this home offers the perfect blend of comfort, style, and convenience. Exterior freshly painted in 2024. Community features include a pool, yoga room, billiards, fitness center, playgrounds, tennis/pickle ball, basketball, soccer, and a private boat ramp.This home is minutes away from downtown Clermont, featuring a variety of restaurants, breweries, coffee shops and local events. Don’t miss the opportunity to make this wonderful home yours! Buyers and agents to verify HOA, taxes, measurements, schools, and any MLS information.

Details

Property type

Townhouse

Est. home value

$355,008

Lot size

3,169 sq ft

Price per sq ft

$200

Year built

2014

Annual property taxes

$3,049.03

Monthly HOA fee

$299.67

Price History

11/20/2024
StellarMLS

StellarMLS #O6256784

Listed
$324,998
+48.06%
11/10/2020
StellarMLS

StellarMLS #G5033748

Sold
$219,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Park, Playground, Pool, 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

$139,323
Asking price
$324,998
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$159,675
Cash to seller
$139,323

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

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

November 2020

Original loan amount

$175,600

Est. remaining balance

$159,675

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Joseph R Milkowski and Cheri J Reimann

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 12:40 AM

Listing updated: 11/26/2024 at 3:39 PM

Listed by: Lori Lucente-Nelson, RE/MAX PRIME PROPERTIES Phone #: (407) 347-4512

MLS: StellarMLS #O6256784

StellarMLS logo

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