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$220,000

Beds
3
Baths
2.0
sq ft
1,080

7228 Newfield Dr, Tallahassee, FL 32303

7228 Newfield Dr

Tallahassee, FL 32303

  • 20 days on market
    • Price drop $10,000↓
Fantastic starter home in a quaint, family friendly community where the sounds of neighborhood kids playing fill the air. This 3 bedroom, 2 bathroom home sits on a large, nearly half acre lot with beautiful mature shade trees overlooking the spacious backyard perfect for these fall nights. It's been very well maintained and includes an enclosed garage, which isn't included in the current square footage, that can be easily made into an extra bedroom or living space which would add 322 square feet to the home. Similar homes nearby have also opened up the enclosed garage wall to create an open floorplan with the kitchen/living room combo for a more modern design! This home is just minutes from the new NW Publix plaza and is a short drive downtown and it presents a great investment opportunity as a long term rental for families that want to watch their kids grow up playing with their neighborhood friends in a safe, crime watch community.

Details

Property type

Single Family Residence

Est. home value

$225,284

Lot size

0.46 acres

Price per sq ft

$204

Year built

1989

Annual property taxes

$1,429

HOA fee

$75

Price History

11/17/2024
Tallahassee

Tallahassee #378617

Price change
$220,000
-4.35%
11/01/2024
Tallahassee

Tallahassee #378617

Listed
$230,000
+39.39%
11/06/2020
Tallahassee

Tallahassee #323708

Sold
$165,000

Schools & Community

Elementary school: 

CANOPY OAKS

Middle school: 

RAA

High school: 

LEON

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

$77,206
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$125,194
Cash to seller
$77,206

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

Seller’s Loan History

Lender

First Commerce Cu

Loan start date

November 2020

Original loan amount

$148,500

Est. remaining balance

$125,194

Interest rate

2.87%

Loan type

New Conventional, 20 year

Seller

Matthew Scott Donelick

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: 11/22/2024 at 10:10 AM

Listing updated: 11/17/2024 at 6:31 PM

Listed by: Cory Dozier, Engel & Volkers Tallahassee Phone #: (386) 623-2806

MLS: Tallahassee #378617

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