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$347,500

Beds
3
Baths
1.0
sq ft
1,490

516 Sagamore St, Lakeland, FL 33803

516 Sagamore St

LAKELAND, FL 33803

  • 50 days on market
    • Price drop $2,500↓
Welcome to your dream home in central Lakeland. This stunning residence boasts an unbeatable location with easy access to Common Ground Park, Cleveland Heights Golf Course, Lake Hollingsworth, and walking trails, including a dog park ideal for outdoor enthusiasts and families alike. Nestled on a picturesque brick road, this historic home offers modern comforts and stylish updates throughout. Step inside to 3 bedrooms plus a bonus room/ office, a beautifully remodeled kitchen, a remodeled bathroom, and refinished hardwood flooring that adds warmth and character to the living areas. The roof was replaced in 2016, a new AC system was installed in 2021, as well as a tankless hot water heater added in 2024. All galvanized piping has been replaced and a new laundry/ storage room was finished within the last year. Whether you’re entertaining guests or enjoying quiet evenings at home, this property provides the perfect blend of comfort, style, and convenience. Don’t miss out on this fantastic opportunity—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$284,619

Lot size

0.23 acres

Price per sq ft

$234

Year built

1951

Annual property taxes

$1,737

HOA

No

Price History

12/06/2024
StellarMLS

StellarMLS #L4948498

Price change
$347,500
-0.71%
11/16/2024
StellarMLS

StellarMLS #L4948498

Pending
$350,000
11/02/2024
StellarMLS

StellarMLS #L4948498

Listed
$350,000
+130.26%

Schools & Community

Neighborhood: 

Edgewood

Elementary school: 

Cleveland Court Elem

Middle school: 

Southwest Middle School

High school: 

Lakeland 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

$197,200
Asking price
$347,500
Closing costs (~8% of asking)
-$27,800
Est. remaining loan balance
-$122,500
Cash to seller
$197,200

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

October 2016

Original loan amount

$149,241

Est. remaining balance

$122,500

Interest rate

3.46%

Loan type

FHA, 30 year

Seller

Whitney Turbevill

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 11:20 AM

Listing updated: 12/06/2024 at 3:48 PM

Listed by: Julia Saunders, PAIGE WAGNER HOMES REALTY Phone #: (321) 749-4196

MLS: StellarMLS #L4948498

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