Idyllwilde Dr., Sanford, FL 32771

REDUCED!

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This property is located right near the Sanford / Lake Mary border in a great looking neighborhood. The house is a 4/2 with just over 2,000 sf, and sits on a quarter acre lot.

The property is going to need everything put back together basically. The roof was just recently replaced including new decking, the A/C looks to be in good condition, new water heater, and the outside facade has had work started on it as well. The electrical is copper and plumbing is pvc and copper. You will need new windows, drywall throughout, texture and paint in and out, flooring throughout, and then install new kitchen and 2 baths. Depending on the materials you decide to use, the rehab dollar amount will vary.

As far as comps, you have 2 inside the same neighborhood that are virtually the same size. They were fixed up at some point but definitely not top notch. You should be able to get $275k, but since everything will be new in this house, I don’t think $285k is off of the table.

Idyllwild of Loch Harbor, No HOA

Assignable

Est. Rehab: $60,000 – $70,000

Est. ARV: $275,000 – $285,000

Recent Area Sales / Activity:

• 305 Dogwood Dr – 2/2, 2766 SF – Active for $399.9k
• 118 Larkwood Dr – 3/2, 2078 SF – Sold 6/29/18 for $269k ($129.45 PSF)
• 108 Brierwood Dr – 4/2, 2128 SF – Sold 8/28/18 for $279.9k ($131.53 PSF)