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$350,000

Beds
3
Baths
1.5
sq ft
1,220

7340 Lake Dr, Sanford, FL 32771

7340 Lake Dr

SANFORD, FL 32771

  • 37 days on market
    • Price drop $15,000↓
Price improvement. Beautiful 3 bed/1.5 bath home in Lake Sylvan Estates that boasts no HOA. Houses in this neighborhood rarely come on the market and they don't last long when they do! As you walk through the front door, you enter into a massive great room that would accommodate a large gathering. The house has 7 ceiling fans and new luxury vinyl throughout. Indoor laundry, electric on-demand Rheem water heater, roof replaced in 2018 and electric panel upgraded in 2022. Oversized screened back porch that has 3 ceiling fans and is over 400 sq ft overlooking a large backyard.

Details

Property type

Single Family Residence

Est. home value

$304,703

Lot size

0.32 acres

Price per sq ft

$287

Year built

1974

Annual property taxes

$1,201

HOA

No

Price History

11/04/2024
StellarMLS

StellarMLS #O6248912

Price change
$350,000
-4.11%
10/17/2024
StellarMLS

StellarMLS #O6248912

Listed
$365,000
+204.42%
05/07/2015
StellarMLS

StellarMLS #O5342062

Sold
$119,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Markham Woods Middle

High school: 

Seminole High

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

Adventhealth Credit Union

Loan start date

September 2023

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Credit Line (Revolving)

Seller

Angela Jordan

Lender

Freedom Mortgage Corp

Loan start date

March 2021

Original loan amount

$106,050

Est. remaining balance

$94,270

Interest rate

2.73%

Loan type

New Conventional, 24 year

Seller

Angela Jordan

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 6:10 AM

Listing updated: 11/04/2024 at 5:24 PM

Listed by: Jeri Anne Lovett, LOVETT REALTY LLC Phone #: (386) 801-4575

MLS: StellarMLS #O6248912

StellarMLS logo

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