tomo logo

$420,000

Beds
3
Baths
2.0
sq ft
1,350

8881 Cypresswood Dr, Lake Wales, FL 33898

8881 Cypresswood Dr

LAKE WALES, FL 33898

  • 121 days on market
    • Price drop $5,000↓
Welcome to your new home in the beautiful town of Lake Wales, Florida! As you enter the front door, you will be greeted by a charming enclosed front porch overlooking the picturesque yard with a RV hookup . Inside, the spacious living room flows into the dining room and open kitchen, which boasts plenty of cabinets and a bar area perfect for barstools. The back patio features a stunning screened-in area with a sparkling blue pool.The master bedroom includes a walk-in closet and an en-suite bathroom with his and her sinks and a shower-tub combo. The third bedroom, which could also serve as a home office, has a sliding glass door with a beautiful view of the side yard. The house also features a second bathroom with a shower and tub.Outside, you'll find a fenced backyard,RV parking and hookup, a large laundry room with a wash sink, and a two-car garage. The beautiful rock walkway leads you to the pool area, shaded by majestic oak trees. Additionally, there are two storage sheds perfect for your hobbies. This three-bedroom, two-bath home offers a perfect blend of comfort and functionality. Come and see it for yourself!

Details

Property type

Single Family Residence

Est. home value

$288,713

Lot size

0.87 acres

Price per sq ft

$312

Year built

1991

Annual property taxes

$1,482.78

Monthly HOA fee

$13.75

Price History

09/25/2024
StellarMLS

StellarMLS #P4930707

Price change
$420,000
-1.18%
09/11/2024
StellarMLS

StellarMLS #P4930707

Price change
$425,000
-3.39%
06/28/2024
StellarMLS

StellarMLS #P4930707

Price change
$439,900
-2.24%

Schools & Community

Elementary school: 

Spook Hill Elem

Middle school: 

Mclaughlin Middle

High school: 

Frostproof Middle - Senior High

Community features: 

Clubhouse

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

Midflorida Cu

Loan start date

June 2022

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Credit Line (Revolving), 20 year

Seller

Todd E Ketchum and Cheryl C Ketchum

Lender

Branch Banking And Trust Co

Loan start date

October 2013

Original loan amount

$95,238

Est. remaining balance

$74,281

Interest rate

4.58%

Loan type

FHA, 30 year

Seller

Todd E Ketchum and Cheryl C Ketchum

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: 10/06/2024 at 7:25 AM

Listing updated: 09/25/2024 at 7:11 PM

Listed by: Stacey Towns Friend, STACEY TOWNS REALTY LLC Phone #: (863) 422-1585

MLS: StellarMLS #P4930707

StellarMLS logo

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