tomo logo

$260,000

Beds
3
Baths
2.0
sq ft
792

1811 Alexander Ave, Sanford, FL 32771

1811 Alexander Ave

SANFORD, FL 32771

  • 123 days on market
    • Price drop $10,000↓
One or more photo(s) has been virtually staged. Don't miss this fleeting investment opportunity! Situated in a charming neighborhood, this magnificent property is an ideal investment. The exterior of the main house is in pristine condition. Inside, it features three newly renovated one-bedroom studios on a month-to-month lease at the rear, generating over $3,850 monthly. The property also boasts a front house with more than 900 sq ft of living space, perfect for personal use or to offset the mortgage with the studio rental income. Take advantage of this rare chance to enhance your financial portfolio! It's conveniently located near downtown Sanford, the airport, auto train, sun rail, and major highways 417 and I-4.

Details

Property type

Single Family Residence

Est. home value

$157,478

Lot size

5,100 sq ft

Price per sq ft

$329

Year built

1925

Annual property taxes

$1,701.23

HOA

No

Price History

11/12/2024
StellarMLS

StellarMLS #O6226084

Price change
$260,000
-3.7%
11/05/2024
StellarMLS

StellarMLS #O6226084

Price change
$270,000
-3.57%
10/29/2024
StellarMLS

StellarMLS #O6226084

Pending
$280,000

Schools & Community

Elementary school: 

Goldsboro Elem Magnet

Middle school: 

Sanford Middle

High school: 

Seminole 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

$116,992
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$122,208
Cash to seller
$116,992

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2022

Original loan amount

$126,000

Est. remaining balance

$122,208

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Julian Wimberly

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: 11/23/2024 at 5:50 AM

Listing updated: 11/12/2024 at 11:19 AM

Listed by: Tony Littles, SYCHAR REALTY Phone #: (407) 921-0069

MLS: StellarMLS #O6226084

StellarMLS logo

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