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$701,410Estimated home value

Beds
3
Baths
2.0
sq ft
1,963

1075 Terrace Blvd, Orlando, FL 32803

1075 Terrace Blvd

ORLANDO, FL 32803

  • Sold On 10/15/2024
Welcome to this stunning mid-century modern gem, perfectly situated on a quarter-acre lot with breathtaking panoramic lake views. This architectural masterpiece features a harmonious blend of clean lines, open spaces, and natural light, showcasing the best of mid-century design. As you step inside, you’ll be greeted by the warmth of terrazzo floors that seamlessly guide you through the home's spacious, flowing layout. The living area boasts expansive windows that frame the picturesque lake views, creating a serene backdrop for both relaxing and entertaining. The living room is open to the kitchen and dining nook and features modern cabinetry, a cooktop and vented hood, built-in Bosch refrigerator, Miele dishwasher, built in oven and tons of cabinet and storage space.The best room in the house is the spacious dinning room with floor to ceiling windows and a flawless lake backdrop. The home offers three generously-sized bedrooms, each thoughtfully designed to maximize comfort and privacy. The master suite is a tranquil retreat, complete with a well-appointed en-suite bathroom and direct access to a private outdoor space. The master bedroom also features a walk in closet and a private office or nursery. The two additional bedrooms are versatile and perfect for family, guests, or as creative workspaces. Both bathrooms are modern and each designed with sleek fixtures and finishes that complement the mid-century aesthetic. Outside, the expansive lot provides ample room for outdoor living and gardening, with the lake views serving as a constant, beautiful backdrop. Whether you’re enjoying a quiet morning coffee on the porch or hosting a gathering with friends, this home offers an unparalleled living experience. This mid-century modern home is a true sanctuary, blending timeless design with contemporary comforts and extraordinary natural beauty.

Details

Property type

Single Family Residence

Est. home value

$701,410

Lot size

0.25 acres

Price per sq ft

$408

Year built

1964

Annual property taxes

$8,292

HOA

No

Price History

10/15/2024
StellarMLS

StellarMLS #O6232339

Sold
$765,000
-4.26%
09/14/2024
StellarMLS

StellarMLS #O6232339

Pending
$799,000
08/14/2024
StellarMLS

StellarMLS #O6232339

Listed
$799,000
+13.33%

Schools & Community

Neighborhood: 

Park Lake-Highland

Elementary school: 

Unknown

Middle school: 

Audubon Park K-8

High school: 

Edgewater High

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

$191,529
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$543,551
Cash to seller
$191,529

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

Seller’s Loan History

Lender

Emm Loans Llc

Loan start date

June 2022

Original loan amount

$564,000

Est. remaining balance

$543,551

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Peiyn Noah Tian and Nicholas Baker Miller

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: Off Market

Tomo last checked: 11/08/2024 at 8:55 AM

Listing updated: 10/16/2024 at 2:23 AM

Listed by: Liz Jones, MAINFRAME REAL ESTATE Phone #: (407) 513-4257

MLS: StellarMLS #O6232339

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