NOT IN MLS: HUGE Home in Twin Lakes Subdivision of Valrico for Only $259,900. That's $165,000 LOWER than Similar Sized Homes in Same Neighborhood! (Not a Short Sale or Foreclosure!)
2906 Winding Trail Dr Valrico FL 33596
| Sale Price | |
| Sale Price: | $259,900 |
| Estimate Repairs: | $70,000 |
| After repair value: | $380,000 |
| Equity Potential: | $50,000 |
| Description of Home | |
| Type: | Detached Home |
| Bedrooms: | 4 |
| Bathrooms: | 3 |
| Levels: | 1 |
| Parking: | 3 Car Garage |
| Square Feet Total: | 3252 |
| Lot Size(Acres): | 0.25 - 0.5 |
| Sale Comps | |
| 2905 Mossy Timber Trail - Sold - $435,000.00 | |
| 2903 Mossy Timber Trail - Sold - $420,000.00 | |
| 2611 Colewood Ln - Sold - $415,000.00 | |
| Rent Comps | |
| 5427 Burnt Hickory Dr - Rented - $2,800.00 | |
| 5336 Twin Creeks Dr - Rented - $2,400.00 | |
| 3007 Bent Creek Dr - Rented - $2,300.00 |
Additional Information
FANTASTIC OPPORTUNITY! This HUGE 3252sqft, 4br, 3ba, 3 car garage home sits on a .46 acre lot in the Twin Lakes subdivision of Valrico. It has hardwood floors, newer HVAC, a large screened-in pool and hot tub. Over $100K was invested into the kitchen just a couple of years ago! Why is the home selling so cheap? It has a sinkhole. But we have a repair estimate with a LIFETIME TRANSFERABLE WARRANTY based on an engineer report for $38K. See a copy of the estimate here: http://realityrei.com/images/winding-trail-sink-hole-estimate.pdf . Add another $30K in updates to the remainder of the house and it would normally sell for $425K+ without the sinkhole. Given the 'legacy issue' sinkholes present, we are estimating resale of $380,000 (VERY conservative 10% lower) after it has been repaired. But you can buy this home for only $259,900. Even with that conservative resale figure, that's a $120K+ spread!! Hurry and take advantage of this opportunity before someone else beats you to it! NOTE: Because of the sinkhole, this home requires a cash/hard money buyer only.
Disclosures
All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.