1595 Magnolia STREET, Bartow, FL, 33830 | $427,000

This investment property presents a unique opportunity for a savvy investor or a corporate entity that would like to expand its retail footprint in a prime location. Two properties are sold as one on a corner lot (65 X 124). The addresses and tax ID numbers are (1595 Magnolia Street, Tax ID: 25-30-08-414500-024010, and 1530 Magnolia Street, Tax ID: 25-30-08-414500-024020). These lots can be sold in conjunction with (840 Hwy 17 LOT, 895 South 9th Ave. 2-bedroom house, and 865 South 9th Ave. LOT). The three additional properties are listed for $183, 000. 00 in total. As to 1530 Magnolia Street, a portion of the structure encroaches into a fourteen (14) foot alley along the rear of the property. The alley is not a portion of the Property owned by the Seller. The alley is for the benefit of all owners of lots in the platted subdivision. The properties have prime access to SR 60, no HOA or CDD. For more information or to schedule a showing, contact me at your earliest convenience.

Features

  • Rooms: 14
  • Bedrooms: 5
  • Baths: 3 full
  • Lot Size: 65 x 120
  • Laundry: Washer Hookup
  • Style: Other
  • Year Built: 1925
  • Garage: 1-car
  • Heating: Central
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 2,848
  • Acreage: 0.18
  • Lot Size: 65 x 120
  • Est. Taxes: $3,035
  • Lot Desc: Corner Lot, City Lot, Sidewalk
  • View: City
  • Appliances: None
  • MLS#: P4928662
  • Days on Market: 118 days
  • Website: https://www.raveis.com
    /prop/P4928662/1595magnoliastreet_bartow_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/10/2024 7:32:09 AM)
Listing courtesy of WATSON REALTY CORP.   Phone: 407-589-1600

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1595 Magnolia STREET, Bartow, FL, 33830

$427,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $341,600 $341,600 $341,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.623%
Monthly Tax Payment $253 $253 $253
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,330 $2,301 $2,952
Total Monthly Payment $2,658 $2,629 $3,280

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.