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$510,078Estimated home value

Beds
5
Baths
2.0
sq ft
2,363

11125 Lokanotosa Trl, Orlando, FL 32817

11125 Lokanotosa Trl

ORLANDO, FL 32817

  • Off market
    • Price drop $24,900↓
Nestled on a sprawling, fully fenced 1-acre lot with no wetlands in sight, this property offers a perfect blend of country living in the heart of the city. The location is a dream come true, just a short stroll away from the University of Central Florida and the picturesque Jay Blanchard Park. With convenient proximity to shopping, highways, and an array of restaurants, this residence seamlessly combines tranquility with urban accessibility. This home has been completely remodeled in the last 2 years. New flooring, kitchen, laundry, paint and layout. As you step into the open floor living room area, you'll be greeted by the perfect space for both relaxation and entertaining. This charming home boasts 5 bedrooms, 2 bathrooms, a dedicated laundry room, an office space, and a pool to enhance your lifestyle. Additionally, a newer storage shed (with electric), a substantial carport, and a thoughtfully designed chicken run complete the outdoor amenities. This property has been thoughtfully upgraded to meet modern standards. Revel in the luxury of new flooring, a state-of-the-art kitchen, and updated bathrooms. The entire house benefits from new air ducts and a cutting-edge water filter system, ensuring your comfort and well-being. The exterior has been modestly upgraded, with a new driveway, elegant pavers enhancing the front facade, and a fresh coat of paint both inside and outside. Notably, this property stands out with its freedom from HOA restrictions and the assurance that no flood insurance is required. Embrace the opportunity to call this meticulously upgraded and strategically located residence your home – a sanctuary where rural charm meets urban convenience. PLEASE NOTE: FIREPLACE AND CHIMNEY WERE REMOVED - Reason for the differing shingles on the roof. Roof was installed 2018.

Details

Property type

Single Family Residence

Est. home value

$510,078

Lot size

1.0 acres

Price per sq ft

$286

Year built

1971

Annual property taxes

$6,583

Price History

07/09/2024
StellarMLS

StellarMLS #O6180700

Removed
$675,000
03/24/2024
StellarMLS

StellarMLS #O6180700

Listed
$675,000
03/20/2024
StellarMLS

StellarMLS #O6180700

Pending
$675,000

Schools & Community

Elementary school: 

Riverdale Elem

Middle school: 

Corner Lake Middle

High school: 

University 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

$214,794
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$406,206
Cash to seller
$214,794

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 Equity Mortgage

Loan start date

August 2022

Original loan amount

$418,200

Est. remaining balance

$406,206

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Juan De Jesus Rodriguez and Jezel Marie Almestica

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 9:50 PM

Listing updated: 03/25/2024 at 1:03 PM

Listed by: Emma Reichert, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #O6180700

StellarMLS logo

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