tomo logo

$950,000

Beds
5
Baths
3.5
sq ft
3,363

3347 Edgecliffe Dr, Orlando, FL 32806

3347 Edgecliffe Dr

ORLANDO, FL 32806

  • 49 days on market
    • Price drop $25,000↓
Spacious, functional floor plan with 5 bedrooms, 3 1/2 baths in desireable Southern Oaks. Recent updates include exterior paint, foam insulation, new garage floor coating, eliminating interior walls creating an open floor plan with a STUNNING kitchen renovation. Gourmet, smart kitchen has quartzite counters, custom cabinets, high-end stainless appliances, wine refrigerator, coffee bar, huge island, custom backsplash and brick floors. Kitchen is open to dining room and family room with wood burning fireplace and built-ins. There is an additional bonus room with travertine floors and built-ins that could be a dedicated living space for the in-law suite. 2 spacious en-suites plus 3 additional bedrooms give everyone room to spread out in this lovely home. The second en-suite has a private entrance and would be perfect for aging parents or adult children. Home sits on a 1/3 acre lot with fenced backyard and pavered patio. Southern Oaks has a voluntary HOA with dues of only $200 per year. Multiple neighborhood events throughout the year to foster a wonderful sense of community! Home is convenient to shopping, Orlando Health, International airport, Downtown Orlando and major roadways. Call today to schedule your private viewing.

Details

Property type

Single Family Residence

Est. home value

$850,389

Lot size

0.33 acres

Price per sq ft

$283

Year built

1979

Annual property taxes

$10,929.69

Monthly HOA fee

$16.67

Price History

06/27/2024
StellarMLS

StellarMLS #O6206255

Price change
$950,000
-2.56%
06/13/2024
StellarMLS

StellarMLS #O6206255

Price change
$975,000
-0.5%
06/05/2024
StellarMLS

StellarMLS #O6206255

Price change
$979,900
-1.91%

Schools & Community

Neighborhood: 

Southern Oaks

Elementary school: 

Pershing Elem

Middle school: 

PERSHING K-8

High school: 

Boone High

Community features: 

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

$266,345
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$607,655
Cash to seller
$266,345

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

Seller’s Loan History

Lender

Cogent Bank

Loan start date

August 2022

Original loan amount

$624,000

Est. remaining balance

$607,655

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Richard Alan Wade and Jennifer Anne Wade

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: 07/04/2024 at 11:45 PM

Listing updated: 06/30/2024 at 3:10 PM

Listed by: Jennifer Ishee, HOMEVEST REALTY Phone #: (407) 897-5400

MLS: StellarMLS #O6206255

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