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$390,000

Beds
2
Baths
1.5
sq ft
816

1140 S Orlando Ave Unit F, Maitland, FL 32751

1140 S Orlando Ave Unit F

MAITLAND, FL 32751

  • 34 days on market
    • Price drop $15,000↓
Excellence and convenience in Fla Paradise! Iconic Lake Maitland Terrace is the Mid-Century Miami vibe condo community on Lake Maitland. Exceptional 2 bd 1.5 bath that has been renovated with all designer touches. Top Floor, corner unit, oversized screened in porch. Spacious with 8' ceilings and doors. Gorgeous counter height quartz eating area. Everything is open from the kitchen to the living area. Very light and airy with natural wood look tiled floors throughout. All cabinets with iron hardware in the kitchen and both bathrooms. Primary bedroom has a large 1/2 bath with a big walk-in closet, a built-in dresser of drawers and organized hanging compartments. The 2nd bedroom can be utilized as an office or guest bedroom with a built in Murphy bed. The full bathroom ensures functionality with the same modern fixtures consistent. Close to Eden Bar and Enzian theater, Lukes, Antonio's, Francesco's, the Shoppes at Maitland and festive Lake Lily. This condo is turn-key ready. The pool, clubhouse, shuffleboard and beautiful lawn areas overlook the boat dock and lake.

Details

Property type

Condominium

Est. home value

$258,049

Lot size

Unknown

Price per sq ft

$478

Year built

1969

Annual property taxes

$2,838.57

Monthly HOA fee

$519.95

Price History

10/26/2024
StellarMLS

StellarMLS #V4938946

Price change
$390,000
-3.7%
10/16/2024
StellarMLS

StellarMLS #V4938946

Listed
$405,000
+97.56%
10/04/2021
StellarMLS

StellarMLS #O5971321

Sold
$205,000
+24.24%

Schools & Community

Elementary school: 

Dommerich Elem

Middle school: 

Maitland Middle

High school: 

Winter Park High

Community features: 

Clubhouse, 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

$292,986
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$65,814
Cash to seller
$292,986

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2016

Original loan amount

$80,000

Est. remaining balance

$65,814

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Anthony G Colarossi and Karen E Colarossi

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: Active

Tomo last checked: 11/19/2024 at 2:35 AM

Listing updated: 11/13/2024 at 12:57 PM

Listed by: Kathy Davis, ELITE REAL ESTATE PROFESSIONAL Phone #: (407) 489-2930

MLS: StellarMLS #V4938946

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