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$179,000

Beds
1
Baths
1.0
sq ft
744

304 E South St Unit 2022, Orlando, FL 32801

304 E South St Unit 2022

ORLANDO, FL 32801

  • 188 days on market
    • Price drop $11,000↓
Fantastic deal for the Buyer, The Sellers will pay 1/2 of the cumulative outstanding special assessment at closing. Large Price Reduction on this great Condo. Welcome home to this lovely 1 Bedroom 1 Bathroom condo located on the 2nd floor in the gated community The Grande. A contemporary and very well maintained condominium community in the heart of the city. The owners in 2023 have placed a new AC and a new Water heater into the condo. The amenities include a resort style pool with a Tiki Bar and grills. A fitness center, covered parking garage with one designated parking spot along with guest parking available on the 7th floor. In 2021 a 8.5 Million dollar renovation that included new roofs, double-paned thermal windows, new elevators and fresh exterior paint were done to building. The location is unbeatable as you are just steps away from the World Class Dr. Phillips Performing Arts Center. Only a short walk away from Lake Eola, restaurants, Publix, shops, short walk the Kia Center, Exploria stadium and Camping World stadium.

Details

Property type

Condominium

Est. home value

$214,937

Lot size

2.16 acres

Price per sq ft

$241

Year built

2002

Annual property taxes

$2,760.62

Monthly HOA fee

$431.08

Price History

07/16/2024
StellarMLS

StellarMLS #O6204928

Price change
$179,000
-5.79%
05/14/2024
StellarMLS

StellarMLS #O6204928

Listed
$190,000
+40.74%
01/28/2019
StellarMLS

StellarMLS #O5736115

Sold
$135,000
+86.98%

Schools & Community

Neighborhood: 

Central Business District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Fitness Center, Pool, Sidewalks

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

$67,437
Asking price
$179,000
Closing costs (~8% of asking)
-$14,320
Est. remaining loan balance
-$97,243
Cash to seller
$67,437

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

January 2019

Original loan amount

$108,000

Est. remaining balance

$97,243

Interest rate

4.75%

Loan type

New Conventional, 30 year

Seller

Peter Schmidt and Theresa Schmidt

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: 11/18/2024 at 5:30 AM

Listing updated: 11/14/2024 at 4:48 PM

Listed by: Rene Wagner, RE/MAX TOWN CENTRE Phone #: (407) 996-3200

MLS: StellarMLS #O6204928

StellarMLS logo

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