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$194,000

Beds
3
Baths
2.0
sq ft
1,158

1956 Lake Atriums Cir Unit 141, Orlando, FL 32839

1956 Lake Atriums Cir Unit 141

ORLANDO, FL 32839

  • 228 days on market
    • Price drop $11,000↓
INVESTOR SPECIAL! Recently renovated in 2023 with new floors. This condo is ideally situated just moments away from the renowned Millenia Mall. It presents an attractive turnkey opportunity for investors, boasting a reliable tenant currently paying $1,750 in rent. With convenient access to major highways, commuting is a breeze, allowing you to explore all of Orlando entertainment. As a condo owner, enjoy a low-maintenance lifestyle with exterior upkeep taken care of, enabling you to focus on maximizing your investment. Take advantage of this opportunity to become a part of Orlando's real estate market and begin earning income from day one. Don't overlook this affordably priced, ready-to-sell turnkey condo!

Details

Property type

Condominium

Est. home value

$173,728

Lot size

9,668 sq ft

Price per sq ft

$168

Year built

1986

Annual property taxes

$1,541

Monthly HOA fee

$390

Price History

12/03/2024
StellarMLS

StellarMLS #S5104530

Price change
$194,000
-5.37%
11/08/2024
StellarMLS

StellarMLS #S5104530

Listed
$205,000
11/08/2024
StellarMLS

StellarMLS #S5104530

Removed
$205,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

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

$77,049
Asking price
$194,000
Closing costs (~8% of asking)
-$15,520
Est. remaining loan balance
-$101,431
Cash to seller
$77,049

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

Seller’s Loan History

Lender

Homebanc Mortgage Corp

Loan start date

October 2006

Original loan amount

$162,450

Est. remaining balance

$101,431

Interest rate

6.48%

Loan type

Not Provided, 30 year

Seller

Junior Georges

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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1956 Lake Atriums Cir Unit 137, Orlando, FL 32839

Status: Active

Tomo last checked: 12/22/2024 at 11:00 PM

Listing updated: 12/03/2024 at 9:54 AM

Listed by: Gilberto Imery, GILVAN REALTY CORP. Phone #: (954) 825-5722

MLS: StellarMLS #S5104530

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