tomo logo

$299,000

Beds
4
Baths
2.0
sq ft
1,655

5144 Washington St, Lake Wales, FL 33859

5144 Washington St

LAKE WALES, FL 33859

  • 80 days on market
    • Price drop $11,000↓
This beautifully renovated 4-bedroom, 2-bathroom home, situated on a spacious corner lot, underwent full renovations in 2022. The upgrades include a new roof, septic tank, electrical wiring, and electrical boxes, all completed in 2022. The home features vinyl flooring throughout, giving it a charming rustic farmhouse feel with modern touches. Inside, the home is incredibly spacious. One of the bedrooms is large enough to be converted into an office space or additional lounge area, offering endless possibilities. The master bedroom boasts a walk-in closet, while the kitchen showcases solid wood cabinets and well-maintained appliances. The home also offers a dining and family room combo, providing an open and welcoming living space. Outside, you’ll find a generously sized yard with a carport and a side porch, perfect for entertaining. Additionally, the laundry room is located outside with extra storage space. The home is located next to Warner University with views of their brand-new fields and is just a 10-minute drive from downtown Lake, where you'll find shopping and dining. Convenient access to Highway 60 and Highway 27 makes for an easy commute to Lakeland and I-4. Schedule your tour today to see this fantastic home!

Details

Property type

Single Family Residence

Est. home value

$266,111

Lot size

9,601 sq ft

Price per sq ft

$181

Year built

1958

Annual property taxes

$2,961.94

HOA

No

Price History

11/25/2024
StellarMLS

StellarMLS #L4948081

Price change
$299,000
-3.55%
10/04/2024
StellarMLS

StellarMLS #L4948081

Listed
$310,000
+11.91%
06/06/2023
StellarMLS

StellarMLS #O6105732

Sold
$277,000
+8.63%

Schools & Community

Elementary school: 

Babson Park Elem

Middle school: 

Mclaughlin Middle

High school: 

Lake Wales Senior 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

$7,937
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$267,143
Cash to seller
$7,937

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

June 2023

Original loan amount

$271,982

Est. remaining balance

$267,143

Interest rate

6.27%

Loan type

FHA, 30 year

Seller

Trace Crumpton

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: 12/22/2024 at 9:50 PM

Listing updated: 11/25/2024 at 2:48 PM

Listed by: Viviana Garza, KELLER WILLIAMS REALTY SMART Phone #: (863) 577-1234

MLS: StellarMLS #L4948081

StellarMLS logo

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