tomo logo

$275,000

Beds
4
Baths
3.5
sq ft
1,856

757 Terra Lago St, Davenport, FL 33897

757 Terra Lago St

DAVENPORT, FL 33897

  • 124 days on market
Great opportunity on this 4 bedroom, 3.5 bath end unit townhome in Regal Palms. This aggressively priced unit is approved for short term rental, Airbnb, or owner occupied. Main floor bedroom has its own separate entrance with full bath and can be rented separately. Primary bedroom upstairs has a walk-in closet, full bath and balcony overlooking the courtyard. All exterior maintenance is covered by the HOA making this great investment easy to own. Highland Reserve includes heated pools and a lazy river with slides, a sauna, steam room, fitness center, restaurant, arcade, ice cream parlor, and so much more! The luxurious clubhouse (located less than .5 miles from the property) offers a leisure experience like no other, providing you with a lazy river, water slide, and an arcade room. Adjacent to the Highlands Reserve Golf Club, golf enthusiasts can indulge in their favorite pastimes. The magic of Orlando's star attractions is within your grasp, only 10 miles from Disney's Animal Kingdom and a short drive from SeaWorld (19 miles) and Universal (23 miles). In Regal Palms, every day feels like a vacation.

Details

Property type

Townhouse

Est. home value

$312,523

Lot size

3,084 sq ft

Price per sq ft

$149

Year built

2005

Annual property taxes

$3,661

Monthly HOA fee

$663

Price History

08/20/2024
StellarMLS

StellarMLS #T3549785

Listed
$275,000
+75.16%
01/13/2021
StellarMLS

StellarMLS #O5889008

Sold
$157,000
+28.16%
10/31/2016
StellarMLS

StellarMLS #S4821073

Sold
$122,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Park, Playground, Pool, Restaurant, Sidewalks

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

$152,251
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$100,749
Cash to seller
$152,251

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

October 2016

Original loan amount

$122,500

Est. remaining balance

$100,749

Interest rate

3.44%

Loan type

VA, 30 year

Seller

Gary R Brand Jr

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: 12/22/2024 at 10:30 AM

Listing updated: 09/03/2024 at 7:57 PM

Listed by: Jim Maiorano, MARK SPAIN REAL ESTATE Phone #: (855) 299-7653

MLS: StellarMLS #T3549785

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