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About this home
1416 Southwest Rd is a 1935-built home in Cates Add, Sanford. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,168 square feet of living space. Listed at $309,990 (about $265/sqft), 53 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Welcome to this beautiful remodeled historic home in Sanford! This vintage home feels like a new home once you step inside. The interior was completely remodeled featuring new kitchen and appliances, new flooring, fresh interior/exterior paint, updated bathrooms, roof 2019, AC serviced in 2026, upgraded electrical work, new fence, and a new detached ADU in the backyard. The master bedroom has a huge walk-in closet. This charming property boosts historic-district character with modern updates and versatile living space. The new detached ADU in the backyard can be rented out which will bring you passive income over $1000+ a month! That will help offset the mortgage payment and help you qualify for a mortgage loan by using future rental income. For investors, this home can bring you passive income for over $2300+ a month, not including renting out the ADU in the back! Additional features include a dedicated laundry room that can be shared by primary home and detached ADU, an exterior shower, and a brand-new front porch that adds both charm and outdoor living space. Located in Sanford's historic district with being just a 6-minute drive to downtown, this property offers a unique opportunity to enjoy the character and appeal of a historic neighborhood with great local food trucks while benefiting from extensive modern improvements.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$309,990
$265 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,168 sq ft
Time on market
53 days
Year built
1935
Monthly payment
About $1,780/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $95 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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