tomo logo

$369,000

Beds
2
Baths
2.0
sq ft
1,019

1012 W Fairbanks Ave, Orlando, FL 32804

1012 W Fairbanks Ave

ORLANDO, FL 32804

  • 115 days on market
    • Price drop $11,000↓
Step into this beautifully updated mid-century modern residence, where timeless design meets contemporary comfort. The home features a sleek, modern kitchen with new cabinets, elegant granite countertops, and stainless steel appliances, ideal for any culinary enthusiast. The interior exudes a fresh, contemporary ambiance with recently applied paint throughout, enhancing the mid-century modern aesthetic. The primary suite serves as a tranquil retreat, complete with a newly renovated, spa-like ensuite bath designed for ultimate relaxation. Outside, the large private backyard is a standout feature, complemented by a versatile storage shed with electricity and a convenient roll-top front, along with two additional sheds offering ample storage space. The roof, installed in 2019, and the air conditioning unit, also from 2019, ensure comfort and reliability. Additionally, the new septic drainfield, installed in 2023, provides added peace of mind. Don’t miss your chance to own this exceptional mid-century modern gem. Schedule a showing today and experience the perfect blend of style and modern living!

Details

Property type

Single Family Residence

Est. home value

$317,844

Lot size

6,695 sq ft

Price per sq ft

$363

Year built

1952

Annual property taxes

$3,842

HOA

No

Price History

09/23/2024
StellarMLS

StellarMLS #O6228022

Price change
$369,000
-2.89%
07/30/2024
StellarMLS

StellarMLS #O6228022

Listed
$380,000
+80.09%
05/21/2019
StellarMLS

StellarMLS #O5776004

Sold
$211,000

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

$197,830
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$141,650
Cash to seller
$197,830

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

Seller’s Loan History

Lender

Alkan Mortgage Corp

Loan start date

May 2019

Original loan amount

$158,250

Est. remaining balance

$141,650

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Kevin Leiva

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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112 E Orlando St, Orlando, FL 32804

Status: Active

Tomo last checked: 11/22/2024 at 2:55 PM

Listing updated: 09/23/2024 at 3:23 PM

Listed by: Megan Teal, MAINFRAME REAL ESTATE Phone #: (407) 513-4257

MLS: StellarMLS #O6228022

StellarMLS logo

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