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$1,130,975Estimated home value

Beds
4
Baths
4.0
sq ft
2,998

1320 Orchid Ave, Winter Park, FL 32789

1320 Orchid Ave

WINTER PARK, FL 32789

  • Sold On 1/26/2024
Builder Closeout...This home is offered significantly below its appraised value, we have the Appraisal to present to the Buyer demonstrating nearly $100,000 in equity at closing. This is an extraordinary opportunity to own a beautifully crafted home in Winter Park, complete with the financial benefit of instant equity. Don't miss out on this exceptional offer. Act now to experience everything the Winter Park lifestyle has to offer, with the added advantage of a wise financial investment.a newly built masterpiece in one of Central Florida's most accessible neighborhoods, situated just a mile from the luxurious Park Avenue in Winter Park and a mere 2.5 miles from the heart of downtown Orlando. This home is a rare find, offering both the tranquility and the convenience of city living without the hassle of I-4 traffic. Experience the pinnacle of modern design in this 4-bedroom, 4-bathroom residence, featuring an elegant open floor plan complemented by high ceilings and an abundance of natural light. The gourmet kitchen, a true chef's delight, is outfitted with top-of-the-line stainless steel appliances, a grand island with a waterfall-edge quartz countertop, and custom cabinetry. The layout includes a versatile guest bedroom suite on the first floor, while the second floor houses three additional bedroom suites, including a luxurious primary suite. Indulge in the primary bath, a sanctuary of relaxation with its resort-style amenities, including a walk-in shower and separate soaking tub. Additional features include a private, fenced backyard, a covered lanai with a summer kitchen perfect for entertaining, and a spacious 2-car garage. Designer LED lighting throughout enhances the ambiance, and the home offers ample storage with large walk-in closets in all ensuite bedrooms.

Details

Property type

Single Family Residence

Est. home value

$1,130,975

Property condition

New Construction

Lot size

7,525 sq ft

Price per sq ft

$332

Year built

2023

Annual property taxes

$4,066.89

Price History

11/01/2024
StellarMLS

StellarMLS #O6233766

Removed
$1,250,000
08/20/2024
StellarMLS

StellarMLS #O6233766

Listed
$1,250,000
+25.63%
01/26/2024
StellarMLS

StellarMLS #O6154681

Removed
$995,000
+3.11%

Schools & Community

Elementary school: 

Audubon Park K8

Middle school: 

Unknown

High school: 

Winter Park 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

$156,144
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$759,256
Cash to seller
$156,144

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

Seller’s Loan History

Lender

Provident Funding Associates Lp

Loan start date

January 2024

Original loan amount

$765,000

Est. remaining balance

$759,256

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Fanqin Zhou

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: 11/08/2024 at 10:15 AM

Listing updated: 01/26/2024 at 10:24 AM

Listed by: Youbel Montesino, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #O6154681

StellarMLS logo

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