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$565,000

Beds
3
Baths
2.0
sq ft
1,522

2012 Loch Berry Rd, Winter Park, FL 32792

2012 Loch Berry Rd

WINTER PARK, FL 32792

  • 1 day on market
This home has three intriguing possibilities, each offering its own unique set of considerations. There may be a buyer who decides to purchase the home to live in it as-is. This buyer envisions making gradual repairs and upgrades over time, personalizing the property while steadily investing in its improvements. There may be an investor that plans to convert the property into a rental. This investor possesses the financial capability to carry out necessary repairs and turn the house into an income-generating asset. A more dramatic scenario involves the demolition of the existing home, paving the way for new construction that aligns with other recent builds in the area. This path not only boosts the aesthetic appeal of the surrounding community but also sets a benchmark for future developments. By marketing the property's potential for a tear-down and rebuild, this scenario attracts buyers interested in long-term investments that promise to uplift the neighborhood.

Details

Property type

Single Family Residence

Est. home value

$543,160

Lot size

9,461 sq ft

Price per sq ft

$372

Year built

1956

Annual property taxes

$7,480

HOA

No

Price History

03/21/2025
StellarMLS

StellarMLS #O6292351

Listed
$565,000
+145.65%
12/17/2004
StellarMLS

StellarMLS #O4578244

Sold
$230,000

Schools & Community

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

$385,726
Asking price
$565,000
Closing costs (~8% of asking)
-$45,200
Est. remaining loan balance
-$134,074
Cash to seller
$385,726

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

March 2021

Original loan amount

$147,500

Est. remaining balance

$134,074

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Thomas B Walker and Edith S Walker

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?

Status: Active

Tomo last checked: 03/22/2025 at 8:05 PM

Listing updated: 03/22/2025 at 8:49 AM

Listed by: Al Sines, PREMIER SOTHEBY'S INTL. REALTY Phone #: (407) 644-3295

MLS: StellarMLS #O6292351

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