Property

31538 ANDERSON Drive, Tavares, FL 32778

176,000

FHA
$36,542 interest already paid off
2
1
748 sqft
Estimated Loan Balance$176,617
Cash to close$0
Est. Monthly PITI$1,580
Initial Loan Amount$181,649
Time on site9 months
Remaining Term27 years, 2 months

Payment Calculator

$1,580

per month

In an assumption, your down payment equals the seller’s equity. You’ll need at least 5% in cash, and the rest can be covered with secondary financing.

Potential Short Sale Opportunity

This property may be available as a short sale, meaning the seller owes more than the current market value. This could present a unique opportunity for buyers, but requires special financing considerations and approval from the lender.

Contact your lender for short sale financing options
Find out if you qualify by applying with our experts.
Get Prequalified

Assumed Rate

7.2%
6.71%

Principal & Interest

$1,233 /mo
$1,187 /mo
PatrickRachelMike

Curious About This home?

Book a call with our team and start your journey toward owning this home. We’ll answer your questions and walk you through every step.
No pressure--just real answers from our experts

About this home

ENTERTAINMENTDININGWATERFRONTCOZY
Short Sale. BANK HAS APPROVED SALES PRICE OF 176,000. 2-Bedroom in the Heart of Tavares! Located just minutes from the Tavares courthouse and the sparkling shores of both Lake Dora and Lake Eustis! This quaint 2-bedroom, 1-bath residence needs some TLC but comes with a brand-new roof, new A/C unit, new refrigerator, and updated electrical breakers—
A yearOn UMe
ResidentialProperty Type
1940Year Built
748 SqftLiving Area
$235Price Per Sqft
$114Monthly Taxes

Listed by • Michele Rueff, EXP REALTY LLC

Property Details

Garage/Carport Information

  • No Garage
  • No Attached Garage

Parking

  • Features: No Garage
  • # of Parking (Total): Not specified
PatrickRachelMike

Curious About This home?

Book a call with our team and start your journey toward owning this home. We’ll answer your questions and walk you through every step.
No pressure--just real answers from our experts

All information should be verified by the recipient and none is guaranteed as accurate by STELLAR

MLS ID: O6318135

Listing From: STELLAR

Last updated: 2026-07-22T18:03:15.223Z

© , STELLAR. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

equal-housing

eXp Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.