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$395,000

Beds
4
Baths
3.0
sq ft
3,038

5163 Spanish Oaks Dr, Lakeland, FL 33805

5163 Spanish Oaks Dr

LAKELAND, FL 33805

  • 50 days on market
    • Price drop $25,000↓
***HUGE PRICE REDUCTION***Nestled in a sought-after North Lakeland neighborhood, this expansive home offers 4 bedrooms and 3 bathrooms. Its prime location is just minutes away from major highways, shopping centers, and healthcare services. The layout includes a sizable bedroom and a complete bathroom on the ground level, with the Master Suite and two more bedrooms upstairs, complemented by a mezzanine/game room perfect for leisure activities. The seller is eager to negotiate. Seize the opportunity to personalize this residence with your unique touch and make it your sanctuary. Bring your offers, seller is motivated to sell.

Details

Property type

Single Family Residence

Est. home value

$425,047

Lot size

0.43 acres

Price per sq ft

$131

Year built

2005

Annual property taxes

$1,481

Monthly HOA fee

$41.67

Price History

10/28/2024
StellarMLS

StellarMLS #L4947992

Price change
$395,000
-5.95%
10/04/2024
StellarMLS

StellarMLS #L4947992

Listed
$420,000
+115.38%
08/21/2008
StellarMLS

StellarMLS #L4604017

Sold
$195,000

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

$248,792
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$114,608
Cash to seller
$248,792

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

Seller’s Loan History

Lender

National Bank Of Kansas City

Loan start date

April 2009

Original loan amount

$172,822

Est. remaining balance

$114,608

Interest rate

5.07%

Loan type

VA, 30 year

Seller

Manuel Ramirez and Virginie Ramirez

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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5615 Driftwood Dr, Lakeland, FL 33809

Status: Active

Tomo last checked: 11/23/2024 at 12:35 PM

Listing updated: 10/28/2024 at 9:36 AM

Listed by: Hilda Mendez, LAKELAND HOMES AND REALTY, LLC Phone #: (863) 248-7260

MLS: StellarMLS #L4947992

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