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$194,900

Beds
3
Baths
3.0
sq ft
1,896

510 Madeira St, Port Charlotte, FL 33953

510 Madeira St

PORT CHARLOTTE, FL 33953

  • 2 days on market
Welcome to this investor-friendly gem nestled in Northwest Port Charlotte! This spacious 3-bedroom, 3-bath home boasts plenty of potential with flexible spaces and privacy. Enjoy peace of mind with a new roof installed in 2022. The layout offers versatility, featuring a converted garage, formal dining room, and two separate living and family rooms – perfect for a variety of uses. The beautifully appointed kitchen is ideal for preparing meals or entertaining. Additionally, there are two extra rooms that could serve as bedrooms or dedicated office spaces, giving you room to customize to your needs. Step outside to the screened and enclosed lanai, an inviting spot to enjoy your morning coffee or unwind while overlooking the private backyard. This home’s location is unbeatable – conveniently close to I-75, Murdock Circle, Coco Plum Shopping Plaza, and more, making it a prime location for both convenience and future growth potential. Don't miss this fantastic investment opportunity to bring your vision to life!

Details

Property type

Single Family Residence

Est. home value

$270,777

Lot size

0.23 acres

Price per sq ft

$103

Year built

1983

Annual property taxes

$1,584.58

HOA

No

Price History

11/12/2024
StellarMLS

StellarMLS #N6135339

Listed
$194,900
+149.87%
04/20/2009
StellarMLS

StellarMLS #C6996416

Sold
$78,000
-61%
08/24/2006
StellarMLS

StellarMLS #C629155

Sold
$200,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$128,118
Asking price
$194,900
Closing costs (~8% of asking)
-$15,592
Est. remaining loan balance
-$51,190
Cash to seller
$128,118

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

Seller’s Loan History

Lender

Security National Mortgage Co

Loan start date

April 2009

Original loan amount

$76,587

Est. remaining balance

$51,190

Interest rate

5.15%

Loan type

FHA, 30 year

Seller

Pauline C Strike

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?

Status: Active

Tomo last checked: 11/13/2024 at 10:05 PM

Listing updated: 11/13/2024 at 6:52 AM

Listed by: Cole Murray, KELLER WILLIAMS ISLAND LIFE REAL ESTATE Phone #: (941) 254-6467

MLS: StellarMLS #N6135339

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