tomo logo

$5,000,000

Beds
3
Baths
2.0
sq ft
1,715

2026 N Lakewood Ave, Ocoee, FL 34761

2026 N Lakewood Ave

OCOEE, FL 34761

  • 565 days on market
Welcome to this remarkable 10.32-acre property nestled in the heart of Ocoee, a prime location just a stone's throw from the 429. This spacious lot boasts a stunning single-family home and a barn that will truly captivate your senses. As you approach the property, you'll be greeted by the charm and character of the barn, adding a touch of rustic elegance to the surroundings. Perfect for storage or as a workshop, the barn offers ample space for all your needs. The home itself is equally impressive, featuring modern amenities and upgrades throughout. With plenty of space for comfortable living, this home offers a cozy atmosphere, ideal for relaxing with family and friends. As you step outside, you'll be greeted by the vast, open space of the property, which offers endless possibilities for outdoor activities, gardening, or even keeping livestock. You'll find yourself surrounded by nature and fresh air, providing a peaceful retreat from the hustle and bustle of city life. What's more, the property is located in an up-and-coming area with new stores and restaurants a stone's throw away, providing easy access to all the amenities you could need. This is the perfect opportunity to invest in a prime piece of real estate in one of Ocoee's most desirable locations. Don't miss out on this incredible chance to own your own piece of paradise. Book your appointment today and come see what this exceptional property has to offer!

Details

Property type

Single Family Residence

Est. home value

$620,766

Lot size

10.25 acres

Price per sq ft

$2,916

Year built

1983

Annual property taxes

$4,802

Price History

07/27/2024
StellarMLS

StellarMLS #O6108815

Price change
$5,000,000
+900%
07/27/2024
StellarMLS

StellarMLS #O6108815

Price change
$500,000
-88.89%
05/02/2024
StellarMLS

StellarMLS #O6108815

Price change
$4,500,000
+25%

Schools & Community

Elementary school: 

Prairie Lake Elementary

Middle school: 

Ocoee Middle

High school: 

Ocoee 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

$4,303,254
Asking price
$5,000,000
Closing costs (~8% of asking)
-$400,000
Est. remaining loan balance
-$296,746
Cash to seller
$4,303,254

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

October 2023

Original loan amount

$300,000

Est. remaining balance

$296,746

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Joseph L Epstein Iii and Katharine Blake Epstein

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: 11/19/2024 at 4:45 AM

Listing updated: 07/27/2024 at 11:54 AM

Listed by: Wally Gilmour, UNITED REAL ESTATE PREFERRED Phone #: (407) 243-8840

MLS: StellarMLS #O6108815

StellarMLS logo

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