tomo logo

$249,900

Beds
3
Baths
1.0
sq ft
1,044

540 Francis Blvd, Lakeland, FL 33801

540 Francis Blvd

LAKELAND, FL 33801

  • 49 days on market
    • Price drop $25,000↓
AMAZING LOCATION! This charming 3-bedroom, 1-bath home nestled on a large, corner lot within the HISTORIC Biltmore/Cumberland neighborhood. This home exudes a welcoming atmosphere, inviting you to make it your own. Step inside to discover the warmth of historical architecture and refinished Oak Hardwood floors that create a cozy and inviting living space. Extend your living space outdoors through the living room, glass door leading to a screened-in front porch overlooking your beautifully tree-lined front yard - perfect for sitting and relaxing or for entertaining guests. Several updates include NEWER kitchen countertops, White Shaker Cabinets, Stainless Steel Appliances, Elegant light fixtures, Double Pane windows, and Newer Bathroom Vanity & Lighting. Additionally, a NEWER ROOF, HVAC, & HOT WATER HEATER (All 2020) make it move-in ready! The extra storage space outside has wood flooring with electricity for your convenience and sits opposite of the extended driveway and carport. If you are looking for the perfect starter, retirement or investment property, look no further! Experience the simplicity and convenience of Biltmore/Cumberland living. The location is near to everything. Lake Hollingsworth, Lake Morton and Downtown Lakeland are all walking distance. Florida Southern College, Harrison Arts Center, Lakeland's Main Library, Cleveland Hts Golf Course, YMCA, Dog Park and most sport activities are just minutes away by walking or biking. Schedule your appointment to see this lovely home today!

Details

Property type

Single Family Residence

Est. home value

$258,316

Lot size

0.24 acres

Price per sq ft

$240

Year built

1950

Annual property taxes

$3,050.87

Price History

08/19/2024
StellarMLS

StellarMLS #T3542651

Price change
$249,900
-9.09%
08/12/2024
StellarMLS

StellarMLS #T3542651

Price change
$274,900
-4.55%
07/20/2024
StellarMLS

StellarMLS #T3542651

Listed
$288,000
-4%

Schools & Community

Neighborhood: 

Francis Blvd

Elementary school: 

Philip O’Brien Elementary

Middle school: 

Sleepy Hill Middle

High school: 

Lakeland Senior 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

$207,768
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$22,140
Cash to seller
$207,768

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

Seller’s Loan History

Lender

Jackson Flagstar Centre Office

Loan start date

September 2023

Original loan amount

$22,393

Est. remaining balance

$22,140

Interest rate

6.81%

Loan type

FHA, 28 year

Seller

Athara Bergman and Tristan Bergman

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: 09/07/2024 at 5:15 PM

Listing updated: 09/05/2024 at 4:56 PM

Listed by: Kimberley Schaeffer, DALTON WADE INC Phone #: (888) 668-8283

MLS: StellarMLS #T3542651

StellarMLS logo

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