tomo logo

$349,500

Beds
4
Baths
2.0
sq ft
1,880

506 Timber Village Rd, Groveland, FL 34736

506 Timber Village Rd

GROVELAND, FL 34736

  • 104 days on market
    • Price drop $4,500↓
Welcome home to this move-in ready 4-bedroom, 2-bathroom home located in the Groveland Village Estates community. The house has a spacious kitchen featuring stainless steel appliances, additional eat in space tucked up by the window and direct access to the laundry room leading out to the 2-car garage. This open concept space looks out to the living room with large sliding glass doors drawing in the natural light and vaulted ceilings elevating the space. The decorative electric fireplace is the perfect focal point of the room with the accent tile wall with built in nooks throughout. This split floor plan features 2 bedrooms on the left side of the home with a jack n jill bathroom leading to the primary bedroom placed at the back. On the right side of the house, through the hallway, you’ll find the remaining 2 bedrooms with the recently updated bathroom in the middle. Make your way outside looking out to the fully fenced yard with a shed for additional storage. Conveniently located, this home offers easy access to major highways, shopping and dining options, and is just minutes from downtown Groveland, Lake David Park, the new South Lake Regional Park, and 5 minutes away from Downtown Clermont. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$369,670

Lot size

0.24 acres

Price per sq ft

$186

Year built

2003

Annual property taxes

$4,571.17

Monthly HOA fee

$20

Price History

09/09/2024
StellarMLS

StellarMLS #O6212187

Price change
$349,500
-1.27%
08/26/2024
StellarMLS

StellarMLS #O6212187

Price change
$354,000
-0.25%
07/31/2024
StellarMLS

StellarMLS #O6212187

Price change
$354,900
-1.39%

Schools & Community

Elementary school: 

Groveland Elem

Middle school: 

Gray Middle

High school: 

South Lake 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

$164,234
Asking price
$349,500
Closing costs (~8% of asking)
-$27,960
Est. remaining loan balance
-$157,306
Cash to seller
$164,234

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

April 2022

Original loan amount

$164,611

Est. remaining balance

$157,306

Interest rate

3.92%

Loan type

FHA, 30 year

Seller

Sarah Phagoo and Vidyanand Samsundar

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: 09/17/2024 at 11:05 PM

Listing updated: 09/15/2024 at 2:08 PM

Listed by: Thomas Nickley, Jr, KELLER WILLIAMS REALTY AT THE PARKS Phone #: (407) 629-4420

MLS: StellarMLS #O6212187

StellarMLS logo

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