tomo logo

$175,000

Beds
1
Baths
1.0
sq ft
554

151 E Washington St Unit 507, Orlando, FL 32801

151 E Washington St Unit 507

ORLANDO, FL 32801

  • 20 days on market
Attention investors! Tenant occupied city view condo at The Metropolitan at Lake Eola. Stainless steel appliances, Granite bar top, wood floors in living room and kitchen. Great location across from Lake Eola and easy walk to Orange Ave, Dr. Phillips center, courthouse, Publix, and everything else that Downtown Orlando has to offer. Water/sewer/hot water/sewer/trash included in dues, as well as the majority of air conditioning expenses.

Details

Property type

Condominium

Est. home value

$178,485

Lot size

1.92 acres

Price per sq ft

$316

Year built

1963

Annual property taxes

$2,225

HOA

Yes

Price History

10/17/2024
StellarMLS

StellarMLS #O6250129

Listed
$175,000
+78.57%
12/20/2017
StellarMLS

StellarMLS #G4849821

Sold
$98,000
+70.73%
07/01/2009
StellarMLS

StellarMLS #O4860766

Sold
$57,400
-68.55%

Schools & Community

Neighborhood: 

Central Business District

Elementary school: 

Lake Como Elem

Middle school: 

Lake Como School K-8

High school: 

Edgewater High

Community features: 

Gated, Clubhouse, Fitness Center, 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

$81,299
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$79,701
Cash to seller
$81,299

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

Seller’s Loan History

Lender

Td Bank Na

Loan start date

November 2020

Original loan amount

$87,500

Est. remaining balance

$79,701

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Jufeng Peng and Zhi Xiang

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: 11/06/2024 at 12:25 AM

Listing updated: 11/05/2024 at 12:27 PM

Listed by: Craig Swetnam, ADVANCE REALTY & MANAGEMENT LLC Phone #: (407) 901-3636

MLS: StellarMLS #O6250129

StellarMLS logo

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