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$239,000

Beds
3
Baths
2.0
sq ft
1,652

540 SE Cypress Ave, Keystone Heights, FL 32656

540 SE Cypress Ave

KEYSTONE HEIGHTS, FL 32656

  • 85 days on market
    • Price drop $10,000↓
PRICED TO SELL AT $249k - Bring your cash or conventional offer today! Unique opportunity to purchase historic Spanish Mission style home in downtown Keystone Heights. Perched on a double city lot, there are multiple porches to enjoy your morning coffee and 4 different types of native citrus on site. The home features a split floor plan and has tons of charm, from the hardwood floors to the wood burning fireplace. The 720sqft 1/1 detached apartment provides instant value as rental income or a mother in law suite. Property has deeded access to private alley as well as a detached 30'x50' workshop. Home was previously recognized by the Keystone Heights Heritage Commission. You are steps from the library, public parks, public beach at Lake Geneva, and zoned for the A & B rated Keystone Heights schools.

Details

Property type

Single Family Residence

Est. home value

$244,750

Lot size

0.38 acres

Price per sq ft

$145

Year built

1926

Annual property taxes

$1,893

Price History

06/12/2024
StellarMLS

StellarMLS #GC521039

Price change
$239,000
-4.02%
05/13/2024
StellarMLS

StellarMLS #GC521039

Price change
$249,000
-3.86%
05/01/2024
StellarMLS

StellarMLS #GC521039

Price change
$259,000
-4.04%

Schools & Community

Elementary school: 

Keystone Heights Elementary-CL

Middle school: 

Keystone Heights Junior/Senior High-CL

High school: 

Keystone Heights Junior/Senior High-CL

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

$82,624
Asking price
$239,000
Closing costs (~8% of asking)
-$19,120
Est. remaining loan balance
-$137,256
Cash to seller
$82,624

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

May 2020

Original loan amount

$150,000

Est. remaining balance

$137,256

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Karen Louque

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: 07/03/2024 at 11:10 AM

Listing updated: 06/11/2024 at 9:00 PM

Listed by: Steven Milligan, CW REALTY, INC. - KEYSTONE HEIGHTS Phone #: (352) 478-8490

MLS: StellarMLS #GC521039

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Recently listed in KEYSTONE HEIGHTS