tomo logo

$599,900

Beds
3
Baths
2.0
sq ft
1,243

1607 Park Lake St, Orlando, FL 32803

1607 Park Lake St

ORLANDO, FL 32803

  • 47 days on market
    • Price drop $20,000↓
NOW PRICED TO SELL! You must see this GORGEOUS, TURN-KEY property in order to truly appreciate it! There are so many possibilities here: live in the main house (2 bed/1 bath) and rent/airbnb the garage apartment (studio with 1 bath), use the garage apartment for a boomerang child or for visitors, use the garage apartment for a separate home office, etc... This amazing property is being sold FULLY FURNISHED and ready-to-go for immediate income producing potential. Or just move in and live! Both the main home and the garage apartment have been renovated in the last 4 years. Main home renovations: beautiful QUARTZ COUNTERS; new plumbing/electrical; NEW SOFT CLOSE CABINETS & DRAWERS; stainless steel appliances (oven was pre-existing); new LVP flooring in kitchen and family room; new interior paint; new ceiling fans; hot water heater (2021); new landscaping & fencing; 5.25" baseboards; WINE RACK; raised-height vanity with large decorative sink in bathroom; decorative 2-panel doors; and knock down ceilings. Garage apartment renovations: NEW STAINLESS STEEL APPLIANCES; freshly painted soft-close white cabinets with new hardware; new garbage disposal, sink & faucet; NEW WATER HEATER (2024); new tile floor in kitchen; NEW INTERIOR PAINT; NEW MINI-SPLIT AC; and new outside deck & landscaping. Other great features of this amazing property include: WRAP-AROUND DECK; 2-CAR GARAGE; lots of natural light; vaulted ceiling in apartment; two sets of washer/dryers; walk-in closets (main home); large shower (apartment); some original wood flooring; and a termite bond. Come see this beauty today!

Details

Property type

Single Family Residence

Est. home value

$442,916

Lot size

6,599 sq ft

Price per sq ft

$483

Year built

1940

Annual property taxes

$6,319

Price History

06/27/2024
StellarMLS

StellarMLS #O6205957

Price change
$599,900
-3.23%
06/18/2024
StellarMLS

StellarMLS #O6205957

Price change
$619,900
+0.81%
06/06/2024
StellarMLS

StellarMLS #O6205957

Removed
$614,900

Schools & Community

Neighborhood: 

Colonialtown North

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

$323,057
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$228,851
Cash to seller
$323,057

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

Seller’s Loan History

Lender

City National Bank Of Florida

Loan start date

September 2020

Original loan amount

$249,600

Est. remaining balance

$228,851

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

James M Scott and Mary A Scott

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 7:55 PM

Listing updated: 06/27/2024 at 4:51 PM

Listed by: Chuck Valence, VALENCE REALTY GROUP Phone #: (407) 797-5034

MLS: StellarMLS #O6205957

StellarMLS logo

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