tomo logo

$549,000

Beds
5
Baths
5.0
sq ft
3,877

3403 McCormick Woods Dr, Ocoee, FL 34761

3403 McCormick Woods Dr

OCOEE, FL 34761

  • 10 days on market
Investor Dream Opportunity!! Located in Ocoee, Florida, this spacious 5-bedroom, 5-bathroom home offers over 3,800 square feet of potential. Built in 2013, it's ready for a new owner to add their personal touch. The home features wood flooring throughout all common areas and includes two primary suites—one conveniently located downstairs and another upstairs. The bedrooms are arranged in a 3-way split. The upstairs master suite boasts a tray ceiling, a large walk-in closet, and a luxurious master bathroom with double sinks, a separate soaker tub, and a tiled shower. Bedroom 3 features a private ensuite, while the other two bedrooms share a guest bath. The in-law suite is located downstairs, separate from the other bedrooms for added privacy. Storage is abundant throughout the home, with multiple walk-in closets in the bedrooms providing ample space to stay organized. The second floor also features a huge loft, perfect for additional living space or entertainment. The kitchen, beautifully designed with a custom backsplash, opens into the living room, complete with a butler's pantry. The large laundry room, equipped with a sink, leads to the two-car garage. Outside, the driveway and covered back porch are enhanced with stylish pavers, while the backyard offers a blank canvas, ready for customization. While this home needs some TLC to bring it back to its full potential, it’s priced to sell—making it a rare opportunity in the neighborhood. The community offers fantastic amenities, including a pool, playground, and basketball court. Centrally located with easy access to the 429 and 408, and just minutes from the West Orange Trail. Schedule a showing today—this one won’t last long!

Details

Property type

Single Family Residence

Est. home value

$614,332

Lot size

9,040 sq ft

Price per sq ft

$142

Year built

2013

Annual property taxes

$8,373.13

Monthly HOA fee

$105

Price History

09/11/2024
StellarMLS

StellarMLS #O6240134

Listed
$549,000
+57.35%
02/14/2018
StellarMLS

StellarMLS #O5548732

Sold
$348,900

Schools & Community

Elementary school: 

Prairie Lake Elementary

Middle school: 

Ocoee Middle

High school: 

Ocoee High

Community features: 

Playground, Pool

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

$216,767
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$288,313
Cash to seller
$216,767

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

Seller’s Loan History

Lender

Churchill Mortgage Corp

Loan start date

February 2018

Original loan amount

$331,455

Est. remaining balance

$288,313

Interest rate

3.99%

Loan type

New Conventional, 30 year

Seller

Lakeila Mike

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: 09/20/2024 at 9:10 PM

Listing updated: 09/12/2024 at 11:23 AM

Listed by: Amanda Binns, STRICKLAND REALTY GROUP INC Phone #: (407) 448-5068

MLS: StellarMLS #O6240134

StellarMLS logo

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