tomo logo

$500,000

Beds
2
Baths
1.0
sq ft
1,408

611 E Main St, Geneva, FL 32732

611 E Main St

GENEVA, FL 32732

  • 35 days on market
    • Price drop $25,000↓
Sitting atop acres of lawn, dotted by mature shade trees, this modern-classic home is close to Geneva’s ‘A’ rated elementary school, churches, Post Office and Rural Heritage Center! The ‘front’ of this home overlooks landscaped stone walkways across the acreage, toward the natural lakefront. The current owners have virtually rebuilt the home during their 10 years of residency, with all new plumbing, electrical and water treatment systems, HVAC; new windows, doors and sliders; insulations; metal roof; new tile and bamboo floors. With easy living in mind, the open floor plan flows easily, from the generous screened porch, to the stylish living room, where you'll find a built-in electric fireplace surrounded by display cabinetry and recessed lighting, along with a full wet bar. The kitchen is equipped with high-end appliances and lighting, minimalistic Scandinavian cabinetry and quartz counter tops. The art deco style bathroom has a custom vanity along with restored original floor tile, towel warmer and a shower that features a glass door and a window looking out into the private Zen garden! The owner's bedroom has a generous closet with extra built-in overhead cabinets for storage. The second bedroom has a large closet, private deck with built-in reading seat and room for a queen-size bed, along with beautiful views down to the lake. You'll find a bonus room off of the kitchen that would be a perfect bedroom, home office or hobby room. Directly across the hall is the laundry room with high-end, full sized, stacked washer/dryer and deep sink (all are staying). There's a large, 2 car garage with 220v electric late-model hurricane-rated overhead doors, each equipped outside with SunSetter electric awnings to protect your automobiles and/or work projects outdoors! Outside, there is a storage shed attached with a hard-wired generator outlet & a separate mower/potting shed with overhead door, which also houses your water softener and well head. The barn has two large storage bays & features an air-conditioned space that is currently housing a machine shop, but could be made into a home office, a guest room getaway! The building has 220v power and a metal roof, plus an outdoor shower/bath oasis surrounded by tropical plants and willow privacy fence! Down by the lake you'll pass a target-shooting berm. Located on high and dry land in the Village of Geneva, you will enjoy well water from the coveted ‘Geneva Bubble’ (if unfamiliar, please see the attachments). This is an opportunity to own a rare piece of rural Florida, enjoying peace & quiet within easy commuting distance to Oveido/UCF, Sanford/Lake Mary & the Space coast!!!

Details

Property type

Single Family Residence

Est. home value

$405,912

Lot size

5.03 acres

Price per sq ft

$356

Year built

1948

Annual property taxes

$293

HOA

No

Price History

09/12/2024
StellarMLS

StellarMLS #O6232978

Price change
$500,000
-4.76%
08/15/2024
StellarMLS

StellarMLS #O6232978

Listed
$525,000
+377.27%
06/18/2013
StellarMLS

StellarMLS #O5157452

Sold
$110,000

Schools & Community

Elementary school: 

Geneva Elementary

Middle school: 

Chiles Middle

High school: 

Oviedo 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

$326,915
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$133,085
Cash to seller
$326,915

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

April 2021

Original loan amount

$144,060

Est. remaining balance

$133,085

Interest rate

2.81%

Loan type

VA, 30 year

Seller

Paul Martrildonno and Tracey R Stebbins

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: 09/18/2024 at 8:55 PM

Listing updated: 09/17/2024 at 2:08 PM

Listed by: Emma Reichert, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #O6232978

StellarMLS logo

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