tomo logo

$554,900

Beds
4
Baths
2.5
sq ft
2,265

7107 58th Ter E, Palmetto, FL 34221

7107 58th Ter E

PALMETTO, FL 34221

  • 56 days on market
    • Price drop $5,000↓
Welcome to 7107 58th Terrace East, a beautifully updated 4-bedroom, 2 ½-bathroom home in the highly sought-after Crystal Lakes 2 community in Palmetto. This home is move-in ready with a brand-new roof (2024), new landscaping (2024), and fresh exterior paint (2022), providing exceptional curb appeal and peace of mind. In the backyard, enjoy your custom pool built in 2022, surrounded by lush greenery and a screened lanai—perfect for outdoor relaxation and entertaining. Step inside to find an inviting, open concept living space. The modern kitchen features stainless steel appliances, granite countertops, and a large island that flows seamlessly into the living and dining areas. The spacious primary suite upstairs offers a walk-in closet and a luxurious en-suite bathroom with dual vanities and a walk-in shower. Three additional bedrooms and a full bathroom complete the second floor, providing ample space for family or guests. Custom tile and LVP throughout the whole house to make cleaning a breeze. This home also includes a two-car garage, plenty of storage, and a convenient half bath on the main floor. Low HOA fees, NO CDD fees and be minutes away from the Ellenton Premium Outlets, dining, and Manatee River. With quick access to I-75, commuting to nearby cities is a breeze. With brand-new updates, a gorgeous custom pool, and a prime location, this home offers the ultimate Florida lifestyle. Why wait for new construction and an expensive pool build out, schedule your showing today and make 7107 58th Terrace East your new home!

Details

Property type

Single Family Residence

Est. home value

$461,483

Lot size

7,749 sq ft

Price per sq ft

$245

Year built

2016

Annual property taxes

$5,872.75

Monthly HOA fee

$84.25

Price History

11/11/2024
StellarMLS

StellarMLS #A4624811

Price change
$554,900
-0.89%
10/25/2024
StellarMLS

StellarMLS #A4624811

Price change
$559,900
-0.89%
10/21/2024
StellarMLS

StellarMLS #A4624811

Price change
$564,900
-1.74%

Schools & Community

Elementary school: 

Virgil Mills Elementary

Middle school: 

Buffalo Creek Middle

High school: 

Palmetto 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

$418,204
Asking price
$554,900
Closing costs (~8% of asking)
-$44,392
Est. remaining loan balance
-$92,304
Cash to seller
$418,204

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

Seller’s Loan History

Lender

Jan Soudijn Etal

Loan start date

February 2016

Original loan amount

$194,000

Est. remaining balance

$92,304

Interest rate

3.22%

Loan type

Not Provided, 15 year

Seller

Morgan Danielle Soudjin Merritt and Trevor Jay Merritt

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: 11/23/2024 at 9:05 AM

Listing updated: 11/11/2024 at 9:09 AM

Listed by: Heidi Stubbers, MARCUS & COMPANY REALTY Phone #: (941) 932-8550

MLS: StellarMLS #A4624811

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