tomo logo

$255,000

Beds
4
Baths
3.0
sq ft
1,492

747 Terra Lago St, Davenport, FL 33897

747 Terra Lago St

DAVENPORT, FL 33897

  • 60 days on market
    • Price drop $10,000↓
Great opportunity on bedrooms, 3 bath end unit townhome in regal palms. This aggressively priced unit is approved for short term rental, Airbnb, or owner occupied.

Details

Property type

Townhouse

Est. home value

$289,023

Lot size

1,856 sq ft

Price per sq ft

$171

Year built

2005

Annual property taxes

$2,683.51

Monthly HOA fee

$663

Price History

10/11/2024
StellarMLS

StellarMLS #S5112932

Price change
$255,000
-3.77%
09/26/2024
StellarMLS

StellarMLS #S5112932

Listed
$265,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Fitness Center, Playground

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

$171,522
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$63,078
Cash to seller
$171,522

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

April 2011

Original loan amount

$87,718

Est. remaining balance

$63,078

Interest rate

4.88%

Loan type

FHA, 30 year

Seller

Islande Sommervil and Villa Jules Avescat

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: 11/25/2024 at 4:45 PM

Listing updated: 10/11/2024 at 7:36 PM

Listed by: Nesmy Devariste, NEW VISION STAR REALTY LLC Phone #: (407) 719-7462

MLS: StellarMLS #S5112932

StellarMLS logo

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