tomo logo

$380,000

Beds
3
Baths
2.0
sq ft
1,632

16985 Cornerwood Dr, Orlando, FL 32820

16985 Cornerwood Dr

ORLANDO, FL 32820

  • 32 days on market
    • Price drop $10,000↓
Nicely kept turn-key home in a great location! 3 bedrooms, 2 bath home with vaulted ceilings allows a inviting atmosphere. Granite countertops in the kitchen and master bath provides an elegant appeal. Recently in 2020 the roof was replaced, gutters installed, and exterior home painted. In 2023 new air ducts replaced and other updates including UV light installed (A/C installed 2015). The back, enclosed patio has shaded, closing screens to provide a privacy and protection from the heat and rain, allowing it to become a place of escape. Backyard has aloe plants along with small banana plants, mango, lemon & coconut & tree. Conveniently located in East Orlando, close to excellent grocery stores, shopping and restaurants. Just a walk or short minutes ride to East Lake Elementary, Corner Lake Middle & East River High school. In additional easy access to Colonial (Hwy 50), 408, 417, & 528 highways and UCF, Waterford Lakes Town Center. Ready to be yours and to move in today!!

Details

Property type

Single Family Residence

Est. home value

$381,789

Lot size

5,501 sq ft

Price per sq ft

$233

Year built

2002

Annual property taxes

$4,711

HOA fee

$230

Price History

07/01/2024
StellarMLS

StellarMLS #O6210220

Price change
$380,000
-2.56%
06/03/2024
StellarMLS

StellarMLS #O6210220

Listed
$390,000
+271.43%
06/26/2012
StellarMLS

StellarMLS #O5081764

Sold
$105,000

Schools & Community

Elementary school: 

East Lake Elem

Middle school: 

Corner Lake Middle

High school: 

East River High

Community features: 

Park, Playground, Sidewalks, Tennis Court(s)

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

$33,537
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$316,063
Cash to seller
$33,537

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

January 2022

Original loan amount

$332,925

Est. remaining balance

$316,063

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Stephen Sheppard and Glenda Sheppard

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: 07/05/2024 at 12:10 AM

Listing updated: 07/04/2024 at 4:30 PM

Listed by: Stephen Sheppard, Z HOUSE REALTY GROUP Phone #: (407) 208-1221

MLS: StellarMLS #O6210220

StellarMLS logo

Recently listed in ORLANDO