tomo logo

$270,000

Beds
4
Baths
2.0
sq ft
1,670

716 S Rushing Ave, Lakeland, FL 33801

716 S Rushing Ave

LAKELAND, FL 33801

  • 35 days on market
    • Price drop $45,000↓
Charming and full of character, this 100-year-old, 2-story home offers endless potential. With its “100 Century Home" plaque it is nestled on a quiet, red brick street in Lakeland's Historic Lake Morton district. With 4 bedrooms, 2 bathrooms there’s plenty of space to make it your own. This charmer offers 1,670 square feet of character-rich living space, complete with original hardwood floors, windows, and even the original door knobs. The layout includes three bedrooms upstairs, and a large bedroom downstairs. The kitchen features stainless steel appliances, a large pantry, and ample storage, blending modern convenience with historic charm. Recent updates ensure peace of mind, with a new roof, front porch and siding, second-floor AC, and all-new PVC piping, all completed in 2022. The fully fenced backyard includes a storage shed, perfect for additional storage. While the home needs some TLC, it's priced to sell and ready for your personal touch. The historic charm, spacious layout, and bonus room for extra versatility make this a fantastic opportunity. Enjoy your mornings on the freshly redone front porch or take a short stroll to Lake Morton to admire the famous Lakeland Swans. The home is walkable to the public library, Polk Museum of Art, and an array of local restaurants and shops, making it the ideal blend of historic charm and modern convenience. Don’t miss your chance to restore this gem!

Details

Property type

Single Family Residence

Est. home value

$378,177

Lot size

5,567 sq ft

Price per sq ft

$162

Year built

1922

Annual property taxes

$5,675.72

HOA

No

Price History

09/13/2024
StellarMLS

StellarMLS #T3549526

Price change
$270,000
-14.29%
09/13/2024
StellarMLS

StellarMLS #T3549526

Listed
$315,000
09/04/2024
StellarMLS

StellarMLS #T3549526

Pending
$315,000

Schools & Community

Neighborhood: 

South Lake Morton

Elementary school: 

Philip O’Brien Elementary

Middle school: 

Lawton Chiles Middle

High school: 

Lakeland 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

$7,823
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$240,577
Cash to seller
$7,823

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

May 2022

Original loan amount

$250,000

Est. remaining balance

$240,577

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Ashley Emrich

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: 09/20/2024 at 12:30 AM

Listing updated: 09/16/2024 at 9:44 AM

Listed by: Andrew Duncan, LPT REALTY LLC Phone #: (813) 359-8990

MLS: StellarMLS #T3549526

StellarMLS logo

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