tomo logo

$445,000

Beds
3
Baths
2.0
sq ft
2,049

5160 Farewell St, Port Charlotte, FL 33981

5160 Farewell St

PORT CHARLOTTE, FL 33981

  • 56 days on market
    • Price drop $10,000↓
Gulf Cove - Large 3 Bedroom Pool Home with Accordion Hurricane Shutters! All large rooms and open floor plan. High tray ceiling and crown molding in Great Room. Formal dining room and breakfast area off kitchen. Kitchen has solid surface counters and upgraded GE appliances. Primary Bedroom with large garden tub and large shower with two shower heads. Primary also has two walk in closets. Gulf Cove offers Community Boat Ramp with park and pavilion. Great location! Just a short drive to Englewood Beaches and Boca Grande.

Details

Property type

Single Family Residence

Est. home value

$471,634

Lot size

9,999 sq ft

Price per sq ft

$218

Year built

2006

Annual property taxes

$2,307

HOA

No

Price History

10/28/2024
StellarMLS

StellarMLS #D6138683

Listed
$445,000
+595.31%
06/17/2005
StellarMLS

StellarMLS #N473404

Sold
$64,000
+300%
12/06/2004
StellarMLS

StellarMLS #C425733

Sold
$16,000

Schools & Community

Elementary school: 

Myakka River Elementary

Middle school: 

L.A. Ainger Middle

High school: 

Lemon Bay 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

$354,411
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$54,989
Cash to seller
$354,411

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

Seller’s Loan History

Lender

Suncoast Financial Inc

Loan start date

December 2008

Original loan amount

$80,000

Est. remaining balance

$54,989

Interest rate

6.14%

Loan type

Not Provided, 30 year

Seller

Janet Lehr

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 12:20 PM

Listing updated: 11/16/2024 at 1:24 PM

Listed by: Terry Long, KELLER WILLIAMS REALTY GOLD Phone #: (941) 473-7399

MLS: StellarMLS #D6138683

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