516 Sagamore STREET, Lakeland, FL, 33803 | $347,500

Welcome to your dream home in central Lakeland. This stunning residence boasts an unbeatable location with easy access to Common Ground Park, Cleveland Heights Golf Course, Lake Hollingsworth, and walking trails, including a dog park ideal for outdoor enthusiasts and families alike. Nestled on a picturesque brick road, this historic home offers modern comforts and stylish updates throughout. Step inside to 3 bedrooms plus a bonus room/ office, a beautifully remodeled kitchen, a remodeled bathroom, and refinished hardwood flooring that adds warmth and character to the living areas. The roof was replaced in 2016, a new AC system was installed in 2021, as well as a tankless hot water heater added in 2024. All galvanized piping has been replaced and a new laundry/ storage room was finished within the last year.
Whether you’re entertaining guests or enjoying quiet evenings at home, this property provides the perfect blend of comfort, style, and convenience. Don’t miss out on this fantastic opportunity—schedule your showing today!

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: In Garage
  • Year Built: 1951
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,490
  • Acreage: 0.23
  • Est. Taxes: $1,737
  • Elem. School: Cleveland Court Elem
  • Middle School: Southwest Middle School
  • High School: Lakeland Senior High
  • Appliances: Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: L4948498
  • Days on Market: 19 days
  • Website: https://www.raveis.com
    /prop/L4948498/516sagamorestreet_lakeland_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 12/25/2024 1:00:28 AM)
Listing courtesy of PAIGE WAGNER HOMES REALTY   Phone: 321-749-4196

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

516 Sagamore STREET, Lakeland, FL, 33803

$347,500

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 $278,000 $278,000 $278,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $145 $145 $145
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,920 $1,873 $2,365
Total Monthly Payment $2,140 $2,093 $2,585

* 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.