tomo logo

$523,999

Beds
4
Baths
2.5
sq ft
2,485

7222 Stanford Dr, Lakeland, FL 33809

7222 Stanford Dr

LAKELAND, FL 33809

  • 140 days on market
    • Price drop $14,000↓
Welcome to 7222 Stanford Drive, a hidden gem in the picturesque Sherwood Lakes community of North Lakeland. This stunning 4-bedroom, 2.5-bathroom residence, featuring an additional outdoor shower, is situated on a generous 0.36-acre lot and offers over 2,400 square feet of luxurious living space. Step inside and prepare to be enchanted by the numerous upgrades that make this home truly special. The home features (9.) brand-new windows, flooding the interior with natural light while enhancing energy efficiency. A large driveway offers convenient access to the backyard, perfect for accommodating multiple vehicles. Additionally, a new hot water heater has been installed, ensuring reliability for years to come. The new roof (2022) and new AC (2023) further ensure comfort and peace of mind. The heart of the home, the updated kitchen, is a chef’s dream, boasting modern appliances and sleek finishes. The master bathroom has been meticulously renovated to provide a spa-like retreat, while the guest bathroom exudes contemporary elegance. The septic and drain field have also been recently updated, adding to the home's list of enhancements. Designed with family living in mind, this home features a spacious split floor plan with a welcoming living room at the front and a cozy family room at the back, perfect for both intimate gatherings and larger celebrations. Laminate flooring flows throughout the main areas, complemented by plush carpeting in one of the bedrooms for added comfort. Experience the serene lifestyle of Sherwood Lakes, where minimal HOA fees provide access to the tranquil waters of Sherwood Forest Lake via the community boat ramp. Whether you’re hosting a backyard barbecue or enjoying a quiet evening under the stars, the expansive outdoor space offers endless possibilities.

Details

Property type

Single Family Residence

Est. home value

$422,562

Lot size

0.36 acres

Price per sq ft

$211

Year built

1993

Annual property taxes

$5,017

HOA fee

$185

Price History

07/22/2024
StellarMLS

StellarMLS #P4930229

Price change
$523,999
-2.6%
06/20/2024
StellarMLS

StellarMLS #P4930229

Price change
$537,999
-1.28%
05/28/2024
StellarMLS

StellarMLS #P4930229

Price change
$545,000
-2.42%

Schools & Community

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

$239,150
Asking price
$523,999
Closing costs (~8% of asking)
-$41,920
Est. remaining loan balance
-$242,929
Cash to seller
$239,150

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2022

Original loan amount

$250,000

Est. remaining balance

$242,929

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Michael E Peake and Karen E Peake

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: 09/19/2024 at 10:45 PM

Listing updated: 09/04/2024 at 8:50 AM

Listed by: Tyler Wampler, KELLER WILLIAMS REALTY SMART Phone #: (863) 577-1234

MLS: StellarMLS #P4930229

StellarMLS logo

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