$165,000
$169,995
2.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,073 SqFt
SOLD DATE : 03/10/2023
Key Details
Sold Price $165,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,073 sqft
Price per Sqft $153
Subdivision Winter Ridge Condo
MLS Listing ID O6089174
Sold Date 03/10/23
Bedrooms 3
Full Baths 2
Condo Fees $652
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1997
Annual Tax Amount $1,731
Lot Size 1,306 Sqft
Acres 0.03
Property Description
Bank owned 3BR villa condo in Winter Ridge Condominium project. Clean with hard surface tile flooring throughout. Large lanai area at rear of unit, Sets up nicely for either end user or investor owner. Unit was previously advertised for rental at $1600 per month. Unit should cash flow an 80%, 6% rate, 30 year mortgage, association fees, insurance and taxes with positive cash flow at this rental amount based on listing agent analysis; buyer agent and buyer to conduct their own analysis to confirm. Nicely maintained community, association pool facilty, proximity to public lake parks and boat ramps, and convenient location with close proximity to downtown Winter Haven and other shopping and restaurants, and golf courses. Current owner is a lender who obtained ownership through foreclosure; representations in this listing are based on best information available to owner and listing agent at time of listing; buyer to confirm all information.independently. Unit is marketed "As Is".
Location
State FL
County Polk
Community Winter Ridge Condo
Interior
Interior Features Living Room/Dining Room Combo, Master Bedroom Main Floor, Window Treatments
Heating Electric, Heat Pump
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater
Exterior
Exterior Feature Other
Community Features Pool
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Pets Allowed Breed Restrictions
HOA Fee Include Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pool
Senior Community No
Ownership Condominium
Monthly Total Fees $217
Membership Fee Required Required
Special Listing Condition Real Estate Owned
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