tomo logo

$410,990

Beds
4
Baths
3.0
sq ft
2,886

8854 Oakwood Dr, Lake Wales, FL 33898

8854 Oakwood Dr

LAKE WALES, FL 33898

  • 147 days on market
    • Price drop $40,000↓
Welcome to this 4-bedroom, 3-bathroom home, where modern comfort meets natural beauty. The primary suite offers a cozy retreat with its own fireplace. Entertain guests in the spacious living room and dining room, or enjoy the outdoors on either of the two covered lanais. This property boasts a split garage, generator, and lightning rods for added safety and convenience. Additional features include a shed, ample space for a boat or RV, a garden, and a variety of fruit trees, all within a fully fenced yard. The large bonus room provides flexibility for your lifestyle needs, while the kitchen shines with stainless steel appliances. Situated on a generous 1-acre lot, this home offers water access through the community boat ramp, perfect for boating, fishing, or skiing on the serene lake. Enjoy the exclusivity of a private fishing pier and the thrill of sailboat water. Lake dues are required to maintain these exceptional amenities. Embrace the best of both worlds – luxurious living and outdoor adventure – all on one acre!

Details

Property type

Single Family Residence

Est. home value

$335,180

Lot size

1.0 acres

Price per sq ft

$143

Year built

1976

Annual property taxes

$2,385

Price History

08/08/2024
StellarMLS

StellarMLS #L4945554

Price change
$410,990
-8.87%
06/18/2024
StellarMLS

StellarMLS #L4945554

Listed
$450,990
+105%
11/25/2019
StellarMLS

StellarMLS #P4906201

Sold
$220,000
+39.24%

Schools & Community

Elementary school: 

Spook Hill Elem

Middle school: 

Frostproof Middle Se

High school: 

Frostproof Middle - Senior 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

$190,032
Asking price
$410,990
Closing costs (~8% of asking)
-$32,879
Est. remaining loan balance
-$188,079
Cash to seller
$190,032

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

November 2019

Original loan amount

$209,000

Est. remaining balance

$188,079

Interest rate

3.57%

Loan type

New Conventional, 30 year

Seller

Guillermo Daniel Rodriguez Cabrera

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: 11/12/2024 at 3:20 PM

Listing updated: 08/08/2024 at 4:47 PM

Listed by: Nancy Rodriguez, LA ROSA REALTY PRESTIGE Phone #: (863) 940-4850

MLS: StellarMLS #L4945554

StellarMLS logo

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