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$599,900

Beds
3
Baths
2.0
sq ft
1,592

1262 Mercedes Pl, Orlando, FL 32804

1262 Mercedes Pl

ORLANDO, FL 32804

  • 2 days on market
Discover the charm of this beautifully updated bungalow, perfectly blending modern upgrades with timeless character. Step inside to find three spacious bedrooms awash in natural light, thanks to abundant windows that make the home feel open and inviting. The recently renovated kitchen is a chef's dream, while the bonus space offers the ideal spot for a home office or creative retreat. The nearly quarter-acre lot features a stunning backyard—a haven for relaxation, entertaining, or a playful furry companion. Nestled near Lake Adair, this home puts you steps from convenience and recreation, with Publix, Great Southern Food Hall, the YMCA, and Orlando Tennis Courts just a short stroll away. Don’t miss the chance to make this light-filled bungalow your next home! ***** HVAC 2020 w/new ducts 2024, Roof 2021************

Details

Property type

Single Family Residence

Est. home value

$608,925

Lot size

8,629 sq ft

Price per sq ft

$377

Year built

1950

Annual property taxes

$5,938.21

HOA

No

Price History

11/15/2024
StellarMLS

StellarMLS #O6258175

Listed
$599,900
+22.43%
05/03/2021
StellarMLS

StellarMLS #O5932342

Sold
$490,000
+42.03%
10/19/2007
StellarMLS

StellarMLS #O4760168

Sold
$345,000

Schools & Community

Neighborhood: 

College Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$415,366
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$136,542
Cash to seller
$415,366

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

November 2013

Original loan amount

$243,400

Est. remaining balance

$136,542

Interest rate

4.5%

Loan type

New Conventional, 20 year

Seller

Kathryn E Miller and David M Schrader

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: 11/17/2024 at 5:55 AM

Listing updated: 11/16/2024 at 2:27 PM

Listed by: Heather Unger, PA, ACME REAL ESTATE FLORIDA LLC Phone #: (407) 601-4958

MLS: StellarMLS #O6258175

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