tomo logo

$299,000

Beds
2
Baths
2.0
sq ft
1,018

1120 Portland Ave Unit 2, Orlando, FL 32803

1120 Portland Ave Unit 2

ORLANDO, FL 32803

  • 61 days on market
    • Price drop $26,000↓
Discover this charming split-level 2-bedroom, 2 full bathroom condominium nestled in the heart of Orlando’s desirable Mills-50 district. With an updated AC system and plumbing, as well as beautiful hardwood floors throughout, this unit seamlessly blends modern luxury with touches of classic warmth. As you enter, you’ll find an open living area filled with natural light, complemented by a spacious kitchen, boasting high-end stainless-steel appliances, contemporary cabinetry, and recessed lighting making it the ideal space for the avid home chef. The primary suite offers a tranquil retreat, with an ensuite bathroom and sleek finishes. The second bedroom also offers a private balcony, perfect for enjoying a breath of fresh air and the views of the pool. Another standout feature of this property is the private outdoor lanai, which is perfect for enjoying your morning coffee or unwinding in the evenings. With direct access to the street, this outdoor space provides the ideal blend of privacy and convenience. Don’t miss this opportunity to own in one of Orlando’s most beautiful neighborhoods schedule a showing today!

Details

Property type

Condominium

Est. home value

$269,282

Lot size

8,463 sq ft

Price per sq ft

$294

Year built

1982

Annual property taxes

$3,032.84

Monthly HOA fee

$300

Price History

10/24/2024
StellarMLS

StellarMLS #O6238734

Price change
$299,000
-8%
09/05/2024
StellarMLS

StellarMLS #O6238734

Listed
$325,000
+195.45%
12/22/2009
StellarMLS

StellarMLS #O4925656

Sold
$110,000

Schools & Community

Neighborhood: 

Colonialtown North

Elementary school: 

Audubon Park K8

Middle school: 

Unknown

High school: 

Edgewater High

Community features: 

Pool

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

$196,267
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$78,813
Cash to seller
$196,267

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

December 2021

Original loan amount

$87,700

Est. remaining balance

$78,813

Interest rate

2.98%

Loan type

New Conventional, 21 year

Seller

Brandy Tezak

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?

Similar Homes Nearby

Price drop
StellarMLS
$265,000
2 bd
|
2 ba
|
890 sq ft
|
Condo

2956 Plaza Terrace Dr Unit 2956, Orlando, FL 32803

Price drop
StellarMLS
$319,900
2 bd
|
1.5 ba
|
1,024 sq ft
|
Condo

627 E Amelia St Unit A, Orlando, FL 32803

Price drop
StellarMLS
$309,990
2 bd
|
2 ba
|
1,109 sq ft
|
Condo

400 E Colonial Dr Unit 808, Orlando, FL 32803

Status: Active

Tomo last checked: 11/05/2024 at 8:45 AM

Listing updated: 10/24/2024 at 3:39 PM

Listed by: Francis Gilman, KELLER WILLIAMS WINTER PARK Phone #: (407) 545-6430

MLS: StellarMLS #O6238734

StellarMLS logo

Recently listed in ORLANDO

$464,999|4 bd|2.0 ba|House
$315,000|3 bd|2.0 ba|Townhouse
$404,000|3 bd|2.0 ba|House
$264,900|3 bd|2.0 ba|House
$272,500|3 bd|2.0 ba|House
$781,650|3 bd|3.5 ba|House
$250,000|2 bd|1.0 ba|House