tomo logo

$255,000

Beds
3
Baths
2.0
sq ft
1,800

532 S 8th St, Lake Wales, FL 33853

532 S 8th St

LAKE WALES, FL 33853

  • 256 days on market
Back on the Market! Where timeless elegance meets charming character in this beautifully crafted home. This enchanting residence boasts a fusion of historic allure and modern comfort. As you step through the hobbit-style solid wood doors, you're greeted by the warmth of original hardwood floors that flow seamlessly throughout most rooms, evoking a sense of heritage and craftsmanship that's hard to find. The architectural details, meticulously preserved over the years, showcase the impeccable attention to detail of yesteryears. Natural light floods the interior, enhancing the already airy and inviting atmosphere. Every corner of this home tells a story, from the graceful archways to the intricate molding, each element adding to its unique appeal. A newer roof stands as a testament to the home's commitment to longevity and durability, providing protection from the elements and adding to the property's overall value. Paired with an updated AC system, residents can enjoy optimal climate control year-round, keeping cool during the balmy Florida summers and cozy during the occasional chilly evenings. Inside, the updated electrical system ensures safety and reliability, allowing residents to power their modern-day conveniences with ease. Meanwhile, newer windows flood the home with natural light while enhancing energy efficiency, contributing to a more sustainable and cost-effective living environment. This home offers the perfect blend of privacy and accessibility. Sure to capture your heart with its historic charm and modern comforts. Move in Ready!! Don't miss the opportunity to make this piece of Lake Wales history your own.

Details

Property type

Single Family Residence

Est. home value

$223,956

Lot size

8,956 sq ft

Price per sq ft

$142

Year built

1924

Annual property taxes

$1,873

HOA

No

Price History

10/05/2024
StellarMLS

StellarMLS #P4929547

Price change
$255,000
+1.43%
10/04/2024
StellarMLS

StellarMLS #P4929547

Listed
$251,400
09/28/2024
StellarMLS

StellarMLS #P4929547

Pending
$251,400

Schools & Community

Elementary school: 

Spook Hill Elem

Middle school: 

Mclaughlin Middle

High school: 

Bartow 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

$124,050
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$110,550
Cash to seller
$124,050

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

August 2019

Original loan amount

$123,226

Est. remaining balance

$110,550

Interest rate

3.75%

Loan type

FHA, 30 year

Seller

Thomas Turco and Susan Turco

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 10:10 PM

Listing updated: 11/02/2024 at 1:06 PM

Listed by: Michelle Setien, RE/MAX HERITAGE PROFESSIONALS Phone #: (863) 256-2188

MLS: StellarMLS #P4929547

StellarMLS logo

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