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$175,000

Beds
5
Baths
2.5
sq ft
1,387

1629 Roger Babson Rd, Orlando, FL 32808

1629 Roger Babson Rd

ORLANDO, FL 32808

  • 37 days on market
LAST BUYER COULDN'T OBTAIN FIANANCING. CASH OFFERS ONLY. Investor/Contractor Special: This property experienced fire damage in March 2024. It is being sold "As-Is" in its current condition, and buyers are strongly encouraged to conduct thorough inspections and assessments. This sale presents an excellent opportunity for those looking to restore or redevelop the lot. Pre-Fire Condition: Prior to the fire, this block home was renovated in 2023 and featured five bedrooms, two full bathrooms, and tile flooring throughout. The open kitchen was updated including appliances, while the living room benefitted from natural light from windows. The master bathroom had a standing shower, and the laundry room offered extra storage. The roof was replaced in 2019. However, the entire property will need evaluation for any damage caused by the fire. The backyard is large, partially fenced, and remains in decent condition. With no HOA, buyers can enjoy flexibility for future renovations. Conveniently located near schools, parks, and shopping, and a short distance from downtown Orlando, this property offers significant potential for redevelopment or restoration. Cash offers only. Buyers are responsible for conducting their own due diligence regarding the property's condition, governing regulations, and suitability for their intended use. Property is sold AS-IS, WHERE-IS.

Details

Property type

Single Family Residence

Est. home value

$276,894

Property condition

Fixer

Lot size

8,392 sq ft

Price per sq ft

$127

Year built

1956

Annual property taxes

$2,157.54

HOA

No

Price History

11/01/2024
StellarMLS

StellarMLS #O6246633

Listed
$175,000
10/08/2024
StellarMLS

StellarMLS #O6246633

Pending
$175,000
10/02/2024
StellarMLS

StellarMLS #O6246633

Listed
$175,000
-49.28%

Schools & Community

Elementary school: 

Mollie Ray Elem

Middle school: 

Meadowbrook Middle

High school: 

Evans 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

$84,052
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$76,948
Cash to seller
$84,052

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

Seller’s Loan History

Lender

Everbank.Com

Loan start date

February 2009

Original loan amount

$116,844

Est. remaining balance

$76,948

Interest rate

5.01%

Loan type

FHA, 30 year

Seller

Angela P Johnson

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: 11/08/2024 at 8:35 AM

Listing updated: 11/05/2024 at 9:18 AM

Listed by: Ayesha Verma, KELLER WILLIAMS REALTY AT THE PARKS Phone #: (407) 629-4420

MLS: StellarMLS #O6246633

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