tomo logo

$275,000

Beds
3
Baths
2.0
sq ft
1,415

1030 20th St, Orlando, FL 32805

1030 20th St

ORLANDO, FL 32805

  • 67 days on market
Back on market due to buyer's financing. Two separate single family homes on one lot currently both being rented out by great tenants that generate $2400/month in rent. First home sits in front of the other and has 2 bedrooms and 1 bath and rents for $1350/month. Home overlooks a beautiful pond across the street. Kitchen has all stainless steel appliances and vinyl flooring throughout. The roof, AC and water heater were installed in 2019. Second home is a studio and generates $1050/month in rent. Features include a gorgeous kitchen with stainless steel appliances and granite counters. Other features in this home include washer and dryer hook-up, tile, and vinyl. The roof, AC and water heater were installed in 2019. Each home has separate electric meters but shares a water meter. Annual net income accounts for property management fees, insurance, taxes, repairs and maintenance. Professionaly managed by Greater Orlando Property Mangement. Leases, ledgers and income statements available by request. GOPM will be happy to continue management post sale.

Details

Property type

Single Family Residence

Est. home value

$162,569

Lot size

6,750 sq ft

Price per sq ft

$195

Year built

1953

Annual property taxes

$2,108.48

HOA

No

Price History

10/31/2024
StellarMLS

StellarMLS #O6242072

Listed
$275,000
09/24/2024
StellarMLS

StellarMLS #O6242072

Pending
$275,000
09/16/2024
StellarMLS

StellarMLS #O6242072

Listed
$275,000

Schools & Community

Neighborhood: 

Holden Heights

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

$165,085
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$87,915
Cash to seller
$165,085

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

Seller’s Loan History

Lender

America S Money Source Inc

Loan start date

December 2019

Original loan amount

$97,500

Est. remaining balance

$87,915

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Jared Townsend

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: 11/22/2024 at 2:45 AM

Listing updated: 11/08/2024 at 1:57 PM

Listed by: Jessica Falvey, ELITE REAL ESTATE AND PROPERTY MANAGEMENT Phone #: (407) 637-5079

MLS: StellarMLS #O6242072

StellarMLS logo

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