tomo logo

$625,000

Beds
3
Baths
2.0
sq ft
1,716

1419 Miller Ave, Winter Park, FL 32789

1419 Miller Ave

WINTER PARK, FL 32789

  • 99 days on market
    • Price drop $10,000↓
*OFFERED BELOW APPRAISED VALUE* Charming Bungalow in Winter Park now Available. While originally built in 1932, this house has been completely renovated to today's standards. Upgrades/Improvements include New Roof (2024), New Windows (2024), New A/C and Ductwork (2024), New Flooring throughout (2024 - commercial grade LVP), New Appliances (2024), Completely Remodeled Kitchen and Bathrooms (2024), Whole House Repipe (2022), Upgraded from Septic to Sewer with New Sewer Line (2022), Exterior Paint (2024), and more. This property offers some very unique features. There is a Detached 280 sf Studio with a Full Kitchen and Bathroom. This unit is on a Separate Electrical Meter. There was also a Waterproofing System with Sump Pumps added around the foundation of this studio. This lot is just under 1/4 acre and zoned R-2, which offers a whole yard. The entire street is undergoing a major revitalization, the house next door (to the east), is currently scheduled to be torn down and replaced with 2 new luxury townhomes and priced at just under $1m a piece. This property offers the opportunity to live in the main house and AirBnb the studio, or rent both and hold indefinitely in an area that will only continue to appreciate. Don't miss your opportunity to own your piece of Winter Park. Schedule your private showing today.

Details

Property type

Single Family Residence

Est. home value

$506,490

Lot size

0.24 acres

Price per sq ft

$365

Year built

1932

Annual property taxes

$6,716

HOA

No

Price History

10/30/2024
StellarMLS

StellarMLS #O6233039

Price change
$625,000
-1.57%
09/26/2024
StellarMLS

StellarMLS #O6233039

Listed
$635,000
09/26/2024
StellarMLS

StellarMLS #O6233039

Removed
$635,000

Schools & Community

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

$292,973
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$282,027
Cash to seller
$292,973

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

April 2019

Original loan amount

$314,204

Est. remaining balance

$282,027

Interest rate

4.35%

Loan type

FHA, 30 year

Seller

William Hicks and Danielle G Hicks

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?

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Status: Active

Tomo last checked: 11/22/2024 at 8:40 AM

Listing updated: 10/30/2024 at 1:48 PM

Listed by: Mike Long, COLDWELL BANKER RESIDENTIAL RE Phone #: (407) 647-1211

MLS: StellarMLS #O6233039

StellarMLS logo

Recently listed in WINTER PARK