tomo logo

$999,000

Beds
7
Baths
6.0
sq ft
3,337

2801 Sleeping Dragon Ln, Kissimmee, FL 34747

2801 Sleeping Dragon Ln

KISSIMMEE, FL 34747

  • 29 days on market
Diversify your investment portfolio with this turn key opportunity to purchase a successful short vacation rental that stands out amongst the rest! This property has been curated to offer an unparalleled guest experience, and it shows through its long term success in a competitive market. The floor plan itself is phenomenal. It offers graciously appointed bedrooms, several with private ensuite baths, with multiple being located on the main floor. The living area creates a welcoming location for all to gather and overlooks the luxurious pool, spa and whimsical splash pad. The kitchen offers the same expanse that has become synonymous with the home and its offerings. The counter space is ample and custom cabinetry offers both an esthetically pleasing design that is equally as functional. The secondary bedrooms offer immersive theming that propel the property to standout among the rest. The home, sprawling lot and prime location culminate to offer you a spectacular buying experience. Not looking to invest but wish to have a property in the heart of everything? Well, this could also be the perfect home for you! Formosa Gardens is a luxurious gated community located just minutes from the Walt Disney World Resort. Its offerings are unique and impressive. The homes of this neighborhood are situated on larger lots and offer mature foliage. The overall design of the estate was one with luxury in mind from the neighborhood's inception. Whether you are looking to invest or purchase your next primary home or vacation home, this property should be on your list of must sees!

Details

Property type

Single Family Residence

Est. home value

$875,891

Lot size

0.42 acres

Price per sq ft

$300

Year built

2003

Annual property taxes

$9,299.66

Monthly HOA fee

$120.83

Price History

06/09/2024
StellarMLS

StellarMLS #O6211489

Listed
$999,000
+102.43%
09/08/2015
StellarMLS

StellarMLS #O5225122

Sold
$493,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$284,831
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$634,249
Cash to seller
$284,831

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

October 2021

Original loan amount

$674,925

Est. remaining balance

$634,249

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Robert Leonard Cloninger and Kathryn Traylor Cloninger

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: 07/08/2024 at 5:35 PM

Listing updated: 06/10/2024 at 6:54 AM

Listed by: Brandon Hicks, HOME BY HICKS & CO Phone #: (304) 888-2694

MLS: StellarMLS #O6211489

StellarMLS logo

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