tomo logo

$565,900

Beds
3
Baths
2.0
sq ft
2,203

5188 Balmor Ter, North Port, FL 34288

5188 Balmor Ter

NORTH PORT, FL 34288

  • 49 days on market
This property in North Port, Florida sounds like a fantastic opportunity for anyone seeking versatility, space, and a prime location with No HOAs. No Flood zone. Motivated seller. Call today to get your home. Home Highlights: Here’s a breakdown of some of the key features and highlights: Property Overview: Location: North Port, Florida – a growing, vibrant community close to beaches, boating, golf, and more. Lot Size: Two large lots providing plenty of space for parking, hobbies, or just enjoying natural privacy. Size: 2,203/2,887 sq. ft. of living space with plenty of room for family, guests, and activities. Home Features: Bedrooms: Three bedrooms plus a den/office, perfect for remote work or additional guest space. Bathrooms: Two bathrooms, including updated features. Garage: Attached two-car garage, plus a medium-sized RV or tandem 1-car detached garage, large enough for a pickup truck. Pool & Spa: A beautiful pool with spa, accessible through sliding glass doors. Outdoor Living: Spacious and fully fenced yard with plenty of room for entertaining, building, or relaxing. Interior Highlights: Living Areas: Vaulted ceilings, impressive flooring, and separate living, dining, and family rooms. Plenty of space to entertain or enjoy quiet time. Storage: Ample storage throughout, including in the garages and laundry room. Kitchen: Modern kitchen with tall cabinets and beautiful countertops. Updates: New high-grade shingle roof and many updates throughout the home. Additional Features: RV and Boat Parking: Space for your toys, whether it’s a boat, RV, or golf cart. Workshop Potential: The detached garage can easily be converted into a large workshop for any DIY projects or hobbies. Four large sheds on the property for storage, lawn mower, toys or work areas. No Flood Zone: The property is in a high and dry location, offering peace of mind. Location Perks: Proximity to Attractions: Close to Myakka River, Peace River, Charlotte Harbor, and the Gulf of Mexico, with access to boat ramps. Nearby attractions include nature parks, spring training stadiums, and renowned beaches. Just a short drive to Fort Myers, Sarasota, Tampa, and other popular Florida destinations. Amenities: Close to dining, shopping, medical facilities, and recreational options like golfing and fishing. Retirement Destination: Charlotte Harbor was voted the #1 Best Place to Retire, making it an ideal spot for those looking to enjoy a relaxed, sunny lifestyle. Call to Action: This is a fantastic opportunity to own a home with plenty of space for both living and hobbies. With its spacious layout, updated features, and prime location near some of Southwest Florida's best amenities, this property is perfect for anyone who loves Florida’s outdoor lifestyle. Don’t miss out—contact us today to schedule your showing!

Details

Property type

Single Family Residence

Est. home value

$480,126

Lot size

0.46 acres

Price per sq ft

$257

Year built

2003

Annual property taxes

$2,858.46

HOA

No

Price History

01/10/2025
StellarMLS

StellarMLS #C7502502

Price change
$565,900
+3.55%
01/04/2025
StellarMLS

StellarMLS #C7502502

Listed
$546,500
+221.47%
04/18/2011
StellarMLS

StellarMLS #N5770681

Sold
$170,000

Schools & Community

Elementary school: 

Atwater Bay Elementary

Middle school: 

Woodland Middle School

High school: 

North Port 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

$495,388
Asking price
$565,900
Closing costs (~8% of asking)
-$45,272
Est. remaining loan balance
-$25,240
Cash to seller
$495,388

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

February 2016

Original loan amount

$55,000

Est. remaining balance

$25,240

Interest rate

3.24%

Loan type

New Conventional, 15 year

Seller

Rick Fadely and Suzanne Fadely

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: 02/22/2025 at 12:35 PM

Listing updated: 02/08/2025 at 3:10 PM

Listed by: Lori Ann Mertens, KW PEACE RIVER PARTNERS Phone #: (941) 875-9060

MLS: StellarMLS #C7502502

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