tomo logo

$485,000

Beds
4
Baths
2.0
sq ft
2,037

1002 Russel Ridge Ct, Kissimmee, FL 34747

1002 Russel Ridge Ct

KISSIMMEE, FL 34747

  • 64 days on market
    • Price drop $14,900↓
This turn-key 4-bedroom, 2-bathroom pool home in Indian Ridge Estate offers a prime location on a quiet cul-de-sac, perfect for a primary residence or an investment property with both long-term and short-term rental potential. Featuring formal dining and living rooms, a cozy family room, and an eat-in kitchen, this home provides ample space for relaxation and entertainment. The formal living room can be easily converted to a 5th bedroom. The converted garage adds extra value as a game room, while the primary suite boasts a garden tub and separate shower. Just minutes from Disney, Orlando attractions, restaurants, and shopping, and with low HOA fees, this home is a rare find ready for immediate occupancy or rental income.

Details

Property type

Single Family Residence

Est. home value

$477,047

Lot size

0.39 acres

Price per sq ft

$239

Year built

1993

Annual property taxes

$6,003.38

Monthly HOA fee

$5.83

Price History

11/07/2024
StellarMLS

StellarMLS #O6237607

Price change
$485,000
-2.98%
09/05/2024
StellarMLS

StellarMLS #O6237607

Listed
$499,900
+9.87%
03/24/2022
StellarMLS

StellarMLS #O6005665

Sold
$455,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$100,608
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$345,592
Cash to seller
$100,608

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2022

Original loan amount

$364,000

Est. remaining balance

$345,592

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Jeannie Truong and Dat Q Truong

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 8:35 AM

Listing updated: 11/07/2024 at 8:33 AM

Listed by: Nancy Grabowski, REDFIN CORPORATION Phone #: (407) 708-9747

MLS: StellarMLS #O6237607

StellarMLS logo

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