tomo logo

$680,000

Beds
5
Baths
3.0
sq ft
2,735

524 Old Grove Dr, Lutz, FL 33548

524 Old Grove Dr

LUTZ, FL 33548

  • 6 days on market
Welcome to your new home on the water nestled in highly sought after Crystal Lakes Manors. This is a one Story 5 bedroom/ 3 full bathroom/ extra-large 2 car garage home with a large screen enclosure pool and additional lanai nook with jacuzzi. - not to mention a picturesque water view! The neighborhood itself is gated, and the gate is manned 24/7 by a guard so you can enjoy all of this beauty in a safe community. From the moment you enter the new paver Driveway and Walkway you will be in LOVE! Coming into the house, you will be greeted by the water view right from the front door! Split floor plan with open concept kitchen, family room and formal living room affords the benefit of privacy with ample entertaining space. The house is 2735 Sq. Ft. and it is all well used! The stunning kitchen is a chef’s delight. It is beautifully updated with leather-textured granite countertops, a Wolf convection steam oven and second Wi-Fi-enabled oven. The updated Bosch induction cooktop faces out of the kitchen from the custom Quartz Island/bar so you can cook and still host all of your favorite gatherings. This kitchen is spacious yet functional with plenty of storage below and large custom open shelves above made from center-cut Florida pine pulled from the trusses of the Biltmore Hotel. You won’t find a kitchen like this anywhere else. In this split floor plan, you have a generously sized master bedroom and guest suite on one side and the other three bedrooms on the other side of the home. The master bedroom is bright and airy thanks to the sliding glass door that leads to the lanai, jacuzzi and pool. The master bathroom has dual vanities with updated sinks, lights and mirrors. The walk-in closet is MASSIVE and will not leave you wanting for more space. The other bedroom on this side of the house is perfect for giving privacy to your guests with its own full bath. On the other side of the home are three more very spacious rooms (two of them have water views) and a beautiful, updated bathroom which also leads out to the pool deck. Once on the pool deck, you will enjoy a luxurious paver patio with a deep covered area, sparkling pool and clean Lanai with Panoramic Panels facing the water, for maximum enjoyment of the view. The updated pool and lanai compel you to spend many beautiful Florida days outside resting, hosting and eating with a view of the water and the mature trees. With a preserve across the water, you will see hawks, ibis, otter, deer, gator, turtles, even turkeys! You will not find a location like this for this price anywhere else! This neighborhood also has amazing water control with well-maintained storm sewers and connected ponds. This home particularly does amazingly well - the ground wasn't even soggy after hurricane Milton. Between that and the block construction, you can enjoy peace of mind. One of the unique things about this neighborhood is how festive it is at Christmas time. There is a neighborhood wide party, and everyone lines the streets with luminaries. The party is complete with food stops along the way, crafts and Santa. It is the most well attended neighborhood event but there are more. Turkey trots at Thanksgiving, egg hunts at Easter, etc. Money truly cannot buy a community like this one.

Details

Property type

Single Family Residence

Est. home value

$687,738

Lot size

0.35 acres

Price per sq ft

$249

Year built

1987

Annual property taxes

$4,947

Monthly HOA fee

$165

Price History

11/16/2024
StellarMLS

StellarMLS #A4629421

Listed
$680,000
+128.19%
12/14/2015
StellarMLS

StellarMLS #T2757099

Sold
$298,000
-18.36%
10/31/2006
StellarMLS

StellarMLS #T2168686

Sold
$365,000

Schools & Community

Elementary school: 

Lutz-HB

Middle school: 

Buchanan-HB

High school: 

Steinbrenner High School

Senior community center: 

Yes

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

$433,042
Asking price
$680,000
Closing costs (~8% of asking)
-$54,400
Est. remaining loan balance
-$192,558
Cash to seller
$433,042

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

Seller’s Loan History

Lender

Embrace Home Loans Inc

Loan start date

September 2020

Original loan amount

$229,000

Est. remaining balance

$192,558

Interest rate

2.96%

Loan type

New Conventional, 20 year

Seller

Gabriel A Sorensen and Crystal D Sorensen

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 10:40 AM

Listing updated: 11/17/2024 at 5:39 PM

Listed by: Donna Mink, MINK REALTY Phone #: (502) 717-1722

MLS: StellarMLS #A4629421

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