tomo logo

$525,000

Beds
3
Baths
3.0
sq ft
1,538

1514 S Fern Creek Ave, Orlando, FL 32806

1514 S Fern Creek Ave

ORLANDO, FL 32806

  • 123 days on market
    • Price drop $24,000↓
Great opportunity available to own this stunning 3/3 home is a true gem, nestled just steps away from the serene Lake Lancaster on a sizable lot that offers ample space for expansion. Enjoy the convenience of being in walking distance to Kelly's Homemade Ice Cream and the close proximity to Downtown Orlando. The exterior charm begins with a large front porch, perfect for welcoming guests and enjoying leisurely evenings. Inside, you'll be greeted by a beautifully renovated interior featuring modern amenities and tasteful finishes throughout. The outdoor spaces are an entertainer's dream. A screened-in back porch is ideal for morning coffee or evening cocktails. The expansive paver space provides ample room for al fresco dining, and the fire pit area invites cozy gatherings under the stars. The spacious backyard offers plenty of potential for personal touches, whether it's a lush garden oasis or a refreshing pool retreat. Located within the sought-after Blanker and Boone School District, this home is perfect for families looking for top-notch education options. Don't miss this opportunity to make this your personal paradise and start creating unforgettable memories in a place where every day feels like a getaway. Attention investors: this property, thanks to its amazing location, is perfect for both short-term and long-term investment opportunities.

Details

Property type

Single Family Residence

Est. home value

$474,092

Lot size

0.3 acres

Price per sq ft

$342

Year built

1946

Annual property taxes

$6,330.7

Price History

06/27/2024
StellarMLS

StellarMLS #O6182337

Listed
$525,000
04/25/2024
StellarMLS

StellarMLS #O6182337

Removed
$525,000
04/18/2024
StellarMLS

StellarMLS #O6182337

Pending
$525,000

Schools & Community

Neighborhood: 

Lancaster Park

Elementary school: 

Blankner Elem

Middle school: 

Blankner School (K-8)

High school: 

Boone 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

$155,963
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$327,037
Cash to seller
$155,963

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

February 2022

Original loan amount

$344,000

Est. remaining balance

$327,037

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Angelica Quiana Decembre and Wagny Lenz Decembre

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: 07/02/2024 at 6:55 PM

Listing updated: 06/30/2024 at 3:09 PM

Listed by: Shari Starner, CHARLES RUTENBERG REALTY ORLANDO Phone #: (407) 622-2122

MLS: StellarMLS #O6182337

StellarMLS logo

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