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$399,950

Beds
3
Baths
2.0
sq ft
1,500

525 Louise Dr, Lakeland, FL 33803

525 Louise Dr

LAKELAND, FL 33803

  • 130 days on market
    • Price drop $10,000↓
Seller willing to contribute up to $9,000 towards a 2-1 Temporary Interest Rate Buydown with preferred lender! Location, location, location! This newly renovated home is located in Lakeland’s desirable Camphor Heights neighborhood, minutes from Lake Hollingsworth and Downtown Lakeland. The interior boasts a brand-new kitchen with stainless steel appliances, new cabinets, and stunning quartz countertops. The large living area features built-in bookcases and storage, and a large window providing lots of natural light in the space. Each bedroom has been updated with new ceiling fans and plush carpet, and each bathroom has been refreshed with brand new subway tile, flooring, and vanities with quartz countertops. This home also has a brand-new electric water heater. Outside, enjoy the convenience of a new roof (2024), the oversized, completely fenced-in backyard from the rear patio or deck. This space is perfect for grilling out, entertaining friends and family, and outdoor activities. There is also a covered front porch, providing space to enjoy the view of the beautifully landscaped front yard. Parking is ample at this property thanks to the 2-car attached garage and driveway. The garage also hosts a storage room and laundry space so you never have to step outside! Don’t miss your chance to see this centrally located, newly renovated Lakeland home!

Details

Property type

Single Family Residence

Est. home value

$304,925

Lot size

0.27 acres

Price per sq ft

$267

Year built

1955

Annual property taxes

$3,888

HOA

No

Price History

07/31/2024
StellarMLS

StellarMLS #L4946194

Price change
$399,950
-2.44%
07/16/2024
StellarMLS

StellarMLS #L4946194

Listed
$409,950
+104.97%
05/02/2024
Pensacola

Pensacola #637510

Sold
$200,000
-28.32%

Schools & Community

Neighborhood: 

Camphor

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

$282,535
Asking price
$399,950
Closing costs (~8% of asking)
-$31,996
Est. remaining loan balance
-$85,419
Cash to seller
$282,535

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

Seller’s Loan History

Lender

M & T Bank

Loan start date

May 2016

Original loan amount

$104,308

Est. remaining balance

$85,419

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Lance R Hilton

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: 11/23/2024 at 5:25 AM

Listing updated: 11/19/2024 at 11:21 AM

Listed by: Angie Reynolds, PORCHLIGHT HOMES LLC Phone #: (863) 529-3369

MLS: StellarMLS #L4946194

StellarMLS logo

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