tomo logo

$379,900

Beds
3
Baths
3.0
sq ft
1,966

573 Dicks Rd, Babson Park, FL 33827

573 Dicks Rd

BABSON PARK, FL 33827

  • 14 days on market
Located in Babson Park, just ninety minutes from either Orlando or Tampa, this awesome homestead property has 7.53 acres of residential/agricultural land with NO HOA, giving you the freedom to have horses, raise livestock, grow your own crops, or simply enjoy nature! The home has a great split-floor plan with 3 bedrooms & 3 full bathrooms, an eat-in kitchen with plenty of counter space, stainless steel appliances, a large living room, and an in-ground pool with screen enclosure. The amply sized master bedroom has a double closet, as well as a separate walk-in closet, and the master bath boasts a relaxing soaking tub and separate, open shower. There are two A/C units (one of which is brand new) and two hot water heaters (one recently replaced). The beautiful pond provides a wonderful source of water for your animals and a private fishing hole just for you! The large, air conditioned workshop with attached lean-to, could also be used as a garage or barn, and has loads of storage space. Due to its encapsulation by the Tiger Creek Preserve lands and the Lake Wales Ridge State Forestry lands, Tiger Creek Groves has been protected from the overpopulation facing many communities today. There are also two parcels of vacant land (2.51 acres & 2.49 acres) which adjoin this property on the east side, one of which borders the forestry lands. If you are looking for a larger oasis, the owner is willing to sell one or both of these, as well. Although this home is in need of some repairs, an FHA 203(k) Loan may be an option for some Buyers and the Seller is also open to negotiations. Schedule your personal tour of this property today to see if it checks all of your boxes! Please, note: All information and measurements are deemed to be reliable, but not guaranteed; it is the Buyers' sole obligation to verify all.

Details

Property type

Single Family Residence

Est. home value

$361,036

Lot size

7.53 acres

Price per sq ft

$194

Year built

1992

Annual property taxes

$1,460.14

HOA

No

Price History

12/09/2024
StellarMLS

StellarMLS #S5116747

Listed
$379,900
+533.17%
04/04/2012
StellarMLS

StellarMLS #O5064629

Sold
$60,000
-61.78%
01/27/2005
StellarMLS

StellarMLS #P4583255

Sold
$157,000

Schools & Community

Elementary school: 

Ben Hill Griffin Elem

Middle school: 

Frostproof Middle Se

High school: 

Frostproof Middle - 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

$265,899
Asking price
$379,900
Closing costs (~8% of asking)
-$30,392
Est. remaining loan balance
-$83,609
Cash to seller
$265,899

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

Seller’s Loan History

Lender

Amerimortgage Bankers Llc

Loan start date

January 2005

Original loan amount

$155,750

Est. remaining balance

$83,609

Interest rate

5.71%

Loan type

FHA, 30 year

Seller

Lester Alvarez

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?

Similar Homes Nearby

StellarMLS
$398,000
3 bd
|
3 ba
|
2,072 sq ft
|
House

405 W 4th Ct, Frostproof, FL 33843

Price drop
StellarMLS
$416,500
3 bd
|
3 ba
|
2,701 sq ft
|
House

222 W Wall St, Frostproof, FL 33843

Price drop
StellarMLS
$373,900
3 bd
|
3 ba
|
2,847 sq ft
|
House

1337 Highland Park Dr N, Lake Wales, FL 33898

Status: Active

Tomo last checked: 12/23/2024 at 5:50 AM

Listing updated: 12/10/2024 at 7:03 AM

Listed by: Lisa Hernandez, THE RENTAL & SALES GALLERY LLC Phone #: (407) 709-5569

MLS: StellarMLS #S5116747

StellarMLS logo

Recently listed in BABSON PARK

$379,900|3 bd|3.0 ba|House
$599,900|5 bd|4.0 ba|House
$479,900|5 bd|3.5 ba|House
$201,000|1 bd|1.0 ba|Manufactured
$299,500|3 bd|2.0 ba|House
$899,000|3 bd|2.0 ba|House