tomo logo

$580,000

Beds
3
Baths
2.0
sq ft
2,191

741 Rioja Dr, Minneola, FL 34715

741 Rioja Dr

MINNEOLA, FL 34715

  • 3 days on market
Welcome to this stunning 3-bedroom, 2-bathroom home plus an office room in the desirable community of The Reserve at Lake Ridge in Minneola, FL. Built by KB Homes in 2023, this beautifully designed home offers 1,950 sq. ft. of modern living space focusing on comfort and functionality. Step inside to discover gorgeous tile floors throughout and modern Touches. The heart of the home is the spacious kitchen, featuring sleek quartz countertops, tall cabinets, self-closing doors and drawers, and all updated appliances, making cooking and entertaining a breeze. The bathrooms also showcase stylish quartz counters, offering a touch of luxury. Additional features include insulation for energy efficiency, gutters, security cameras for peace of mind, and updated hardware on all the doors for a contemporary finish. The extended patio is perfect for relaxing or hosting gatherings, providing plenty of outdoor space. Conveniently located just off Interstate 27 and Interstate 50, this home is within proximity to an array of restaurants, shops, and supermarkets—including Costco, just a few miles away. Enjoy nearby attractions like the iconic Florida Citrus Tower with its panoramic views of Minneola, or explore the local parks for convenience. This is a fantastic opportunity to live in a vibrant and well-connected community with all the modern comforts you could ask for!

Details

Property type

Single Family Residence

Est. home value

$228,486

Lot size

9,744 sq ft

Price per sq ft

$265

Year built

2023

Annual property taxes

$3,175

Monthly HOA fee

$93.33

Price History

02/02/2025
StellarMLS

StellarMLS #O6275650

Price change
$580,000
+2.49%
01/29/2025
StellarMLS

StellarMLS #O6275650

Listed
$565,900
+13.65%
03/31/2023
StellarMLS

StellarMLS #J960382

Sold
$497,945

Schools & Community

Elementary school: 

Astatula Elem

Middle school: 

East Ridge Middle

High school: 

Lake Minneola 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

$329,056
Asking price
$580,000
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$204,544
Cash to seller
$329,056

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

April 2023

Original loan amount

$208,550

Est. remaining balance

$204,544

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Montgomery Cole Derrick

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: 02/02/2025 at 4:55 AM

Listing updated: 02/01/2025 at 8:57 PM

Listed by: Lady Ray Hernandez, LPT REALTY, LLC Phone #: (877) 366-2213

MLS: StellarMLS #O6275650

StellarMLS logo

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