tomo logo

$459,900

Beds
5
Baths
3.0
sq ft
2,448

618 E Oak St, Arcadia, FL 34266

618 E Oak St

Arcadia, FL 34266

  • 8 days on market
Live in history brough back to life in this beautifully restored historic home situated on a spacious corner lot. This amazing home seamlessly blends its 1933 charm with modern upgrades. Revitalized in 2022, the home underwent a complete transformation. It was stripped to the bare framing and brought back to life. The remake includes a new roof, updated electric wiring and plumbing systems, modern AC, new drywall and flooring throughout. Its high ceilings and three elegant electric fireplaces create a warm and inviting atmosphere. The private outdoor living space is equally stunning, featuring a large deck with a sparkling new pool, a screened gazebo, a firepit, and a 12x16 shed, perfect for storage or hobbies. The property offers endless possibilities, such as converting it into a historic bed-and-breakfast, thanks to its multiple electric meters and versatile layout. Additionally, a separate 1-bedroom, 1-bathroom apartment with a long-term tenant provides immediate rental income. The home’s location is ideal, within walking distance to historic downtown Arcadia and close to a variety of shopping and entertainment options. Whether as a personal residence or an income-generating property, this meticulously restored gem offers a unique opportunity to own a piece of history.

Details

Property type

Single Family Residence

Est. home value

$230,668

Lot size

0.43 acres

Price per sq ft

$188

Year built

1933

Annual property taxes

$2,763.6

HOA

No

Price History

12/13/2024

FGCMLS #224101534

Listed
$459,900
+359.9%
02/15/2022
StellarMLS

StellarMLS #C7453420

Sold
$100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Homecomings Financial Network Inc

Loan start date

March 2004

Original loan amount

$91,200

Est. remaining balance

$45,643

Interest rate

5.72%

Loan type

Not Provided, 30 year

Seller

Robert Feldman and Lillian K Moore

Lender

Not Available

Loan start date

July 2001

Original loan amount

$65,210

Est. remaining balance

Not provided

Interest rate

7.14%

Loan type

Not Provided

Seller

Robert Feldman

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?

Status: Active

Tomo last checked: 12/22/2024 at 11:15 AM

Listing updated: 12/18/2024 at 11:15 AM

Listed by: Jonathan A Gunger, Coldwell Banker Realty Phone #: (239) 263-3300

MLS: FGCMLS #224101534

FGCMLS logo

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