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$174,900

Beds
2
Baths
2.0
sq ft
1,001

1052 Lotus Cove Ct Unit 743, Altamonte Springs, FL 32714

1052 Lotus Cove Ct Unit 743

ALTAMONTE SPRINGS, FL 32714

  • 56 days on market
    • Price drop $4,100↓
Discover the perfect blend of comfort and convenience in this beautiful fourth-floor 2-bedroom, 2-bathroom condo with serene lake and conservation views, located in the highly desirable Lake Lotus Club. Situated within an A-rated school district, you’ll have access to Bear Lake Elementary, Teague Middle School, and Lake Brantley High School. With unbeatable access to I-4, SR 414, SR 436, and SR 434, this condo is just minutes from Altamonte Springs Mall, Cranes Roost Park, Seminole College, and Wekiva State Park, making it an ideal spot for work, school, and leisure. This charming unit boasts numerous upgrades, including fresh paint, natural wood closet doors, new doors and hardware, and wood-plank style laminate flooring in both bedrooms. The HVAC system was replaced in December 2022, and a new electrical panel was installed in April 2022. A detailed list of upgrades is available upon request. Enjoy the convenience of in-unit laundry, extra storage, and easy elevator access within the building. The community offers a host of resort-style amenities, including a pool, tennis court, playground, cabana area, racquetball courts, and a car wash station. A special assessment is in progress to further enhance this beautiful community. With its gorgeous views of the lake and surrounding nature, this gem won’t be on the market for long!

Details

Property type

Condominium

Est. home value

$190,074

Property condition

New Construction

Lot size

412 sq ft

Price per sq ft

$175

Year built

1984

Annual property taxes

$2,441.27

Monthly HOA fee

$605.55

Price History

11/13/2024
StellarMLS

StellarMLS #O6242648

Price change
$174,900
-2.29%
10/04/2024
StellarMLS

StellarMLS #O6242648

Price change
$179,000
-5.74%
09/19/2024
StellarMLS

StellarMLS #O6242648

Listed
$189,900
+5.5%

Schools & Community

Elementary school: 

Bear Lake Elementary

Middle school: 

Teague Middle

High school: 

Lake Brantley High

Community features: 

Pool, Racquetball, Sidewalks, Tennis Court(s)

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

$2,610
Asking price
$174,900
Closing costs (~8% of asking)
-$13,992
Est. remaining loan balance
-$158,298
Cash to seller
$2,610

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

Seller’s Loan History

Lender

Hometown Lenders Inc

Loan start date

April 2022

Original loan amount

$166,250

Est. remaining balance

$158,298

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Michelle Brown

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: 11/14/2024 at 5:30 PM

Listing updated: 11/13/2024 at 4:09 PM

Listed by: Michael Salazar, SUNDIAL REAL ESTATE LLC Phone #: (800) 786-3425

MLS: StellarMLS #O6242648

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