tomo logo

$339,900

Beds
3
Baths
2.0
sq ft
1,101

606 W Patterson St, Lakeland, FL 33803

606 W Patterson St

LAKELAND, FL 33803

  • 27 days on market
Don't miss this incredible opportunity to own a beautifully renovated bungalow in the historic district. This charming property includes a detached rental apartment (or in-law suite) currently generating passive income plus an adjacent workshop with approximately 300 square feet of space. The rental apartment offers approximately 550 square feet of living space, with 1 bedroom, a living room, a kitchen, and a bathroom. The main home offers over 1,100 square feet of living space, featuring a formal living room with a wood-burning fireplace, a separate dining room, two bedrooms, and a bonus room that could serve as a child's room or office, full bathroom, and both a front and back porch, with convenient laundry facilities. Located just a few blocks from South Florida Avenue and only two blocks from Lake Hunter, this home is ideally situated. You'll love the wood floors throughout, the high ceilings, and the abundance of windows that fill the space with natural light. This property is truly a historic gem, and that won't last long—call today to schedule a private showing!

Details

Property type

Single Family Residence

Est. home value

$307,075

Lot size

6,499 sq ft

Price per sq ft

$309

Year built

1925

Annual property taxes

$3,443.16

HOA

No

Price History

11/25/2024
StellarMLS

StellarMLS #L4949059

Listed
$339,900
+132.01%
04/29/2016
StellarMLS

StellarMLS #L4711751

Sold
$146,500

Schools & Community

Neighborhood: 

Dixieland

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$138,404
Asking price
$339,900
Closing costs (~8% of asking)
-$27,192
Est. remaining loan balance
-$174,304
Cash to seller
$138,404

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

Seller’s Loan History

Lender

Carrington Mortgage Services Llc

Loan start date

December 2021

Original loan amount

$186,000

Est. remaining balance

$174,304

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Daniel R Clayton and Tiffany Clayton

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: 12/22/2024 at 6:30 AM

Listing updated: 11/27/2024 at 4:44 PM

Listed by: Tony Acosta, CENTURY 21 MYERS REALTY Phone #: (863) 875-5656

MLS: StellarMLS #L4949059

StellarMLS logo

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