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$609,900

Beds
4
Baths
3.5
sq ft
2,542

5211 Old Retreat Way, Tallahassee, FL 32317

5211 Old Retreat Way

Tallahassee, FL 32317

  • 43 days on market
    • Price drop $10,080↓
Open House on Sunday Oct 20th from 2pm till 4pm. Welcome to The Retreat at Mahan, a quiet community in an ideal NE location close to parks, lakes & trails. This home was the former model for the community & offers many high-end upgrades. This home backs up to a 1.78 acre preservation easement for added privacy. This is a gorgeous, better than new, 4 bed/3.5 bath home w/ a large bonus room perfect as a home office, media room or 5th bedroom. Enjoy an open floor plan w/ a spacious living room offering tray ceilings w/ accent lighting, gas fireplace, & beautiful built-in shelving. You will love the open, eat-in kitchen w/ stainless steel appliances, island counter, custom cabinets, granite counter tops, & large pantry. The main bedroom suite w/ luxury bath & walk-in closet, 2 guest bedrooms & 1.5 baths are on the main floor while 2 bedrooms & 1 bath are on the second floor. The walk-in attic storage could be converted to additional living space as well. This is a must see!

Details

Property type

Single Family Residence

Est. home value

$575,758

Lot size

6,970 sq ft

Price per sq ft

$240

Year built

2020

Annual property taxes

$6,235

HOA fee

$925

Price History

10/28/2024
Tallahassee

Tallahassee #377890

Price change
$609,900
-1.63%
10/10/2024
Tallahassee

Tallahassee #377890

Listed
$619,980
+4.2%
09/05/2024
Tallahassee

Tallahassee #374513

Removed
$595,000

Schools & Community

Elementary school: 

BUCK LAKE

Middle school: 

SWIFT CREEK

High school: 

LINCOLN

Community features: 

Curbs, Street Lights, Sidewalks

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

$367,145
Asking price
$609,900
Closing costs (~8% of asking)
-$48,792
Est. remaining loan balance
-$193,963
Cash to seller
$367,145

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

August 2022

Original loan amount

$199,900

Est. remaining balance

$193,963

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Marcos A Colon and Maria Isabel Colon

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: 11/22/2024 at 4:00 PM

Listing updated: 10/28/2024 at 2:21 AM

Listed by: Thomas J Jacobs, Coldwell Banker Hartung Phone #: (850) 386-6160

MLS: Tallahassee #377890

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