tomo logo

$520,000

Beds
6
Baths
4.0
sq ft
3,850

550 Michigan Estates Cir, Saint Cloud, FL 34769

550 Michigan Estates Cir

SAINT CLOUD, FL 34769

  • 132 days on market
    • Price drop $20,000↓
    • Open house Jan 25
This home has everything you are looking for! Space, updates, movie room, tall ceilings, close to schools, stores and highways! This home has 6 Beds 4 FULL BATHS, Guest Suite is downstairs along with a FULL BATH, Owner's suite is downstairs, 2 floor ceilings when you walk into the home and in the family room, laundry room has a sink and so much storage, big covered lanai, no rear neighbors, walk in closets in every room, and LOW HOA!! What else can you ask from a home? UPDATES INCLUDE: IN 2022 THE HOME GOT: A NEW ROOF, OWNER'S SUITE UPDATE, SEMI RENOVATED BATHROOMS, INTERIOR AND EXTERIOR PAINT, ONE AC. IN 2019: NEW HOT WATER HEATER, NEW AC. Home has a full house water filtration system. Seller is VERY motivated!

Details

Property type

Single Family Residence

Est. home value

$404,551

Lot size

7,492 sq ft

Price per sq ft

$136

Year built

2007

Annual property taxes

$7,339.26

Monthly HOA fee

$53.33

Price History

01/21/2025
StellarMLS

StellarMLS #O6241338

Price change
$520,000
-3.7%
01/14/2025
StellarMLS

StellarMLS #O6241338

Price change
$540,000
-1.82%
01/02/2025
StellarMLS

StellarMLS #O6241338

Price change
$550,000
-1.79%

Schools & Community

Elementary school: 

Michigan Avenue Elem (K 5)

Middle school: 

St. Cloud Middle (6-8)

High school: 

St. Cloud High School

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

$233,839
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$244,561
Cash to seller
$233,839

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

December 2022

Original loan amount

$256,500

Est. remaining balance

$244,561

Interest rate

7.08%

Loan type

New Conventional, 21 year

Seller

Martha Miguelina Veras

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: 01/22/2025 at 6:05 PM

Listing updated: 01/21/2025 at 8:44 PM

Listed by: Andreina Gonzalez, MY REALTY GROUP, LLC. Phone #: (786) 847-7421

MLS: StellarMLS #O6241338

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