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$289,995

Beds
2
Baths
2.0
sq ft
1,109

400 E Colonial Dr Unit 203, Orlando, FL 32803

400 E Colonial Dr Unit 203

ORLANDO, FL 32803

  • 278 days on market
    • Price drop $5,005↓
BACK IN THE MARKET, reduced price, motivated seller. UPDATE!!! Welcome to your new home. This modern and spacious apartment boasts a BRAND-NEW CLOSET in the master bedroom, complemented by sleek TILE FLOORING throughout. The MODERN CABINETS add a touch of elegance to this inviting space. MOTIVATED SELLER alert!!! This property offers not just a home but a lifestyle in a PRIME LOCATION. Enjoy the convenience of a secure building with 24/7 SECURITY GUARD, ensuring peace of mind for you and your loved ones. Plus, take advantage of the building's amenities, including a fully equipped GYM and an ACTIVITIES ROOM.Wake up to a stunning view from the PRIVATE BALCONY, perfect for savoring your morning coffee or unwinding after a long day. Please note, NO PETS are allowed, ensuring a serene and tranquil atmosphere for all residents. With its great location, this residence is READY for immediate MOVE-IN. High-speed internet and cable are provided by the HOA, simplifying your connectivity needs. Additionally, indulge in the REFRESHING LARGE POOL and benefit from the convenience of a ONE COVERD PARKING SPOT. Don't miss this opportunity to own a slice of comfort and convenience in Orlando! Schedule your showing today and embrace the lifestyle offered by this fantastic property.

Details

Property type

Condominium

Est. home value

$319,820

Lot size

0.28 acres

Price per sq ft

$262

Year built

1975

Annual property taxes

$3,375

HOA fee

$830

Price History

05/10/2024
StellarMLS

StellarMLS #O6141949

Price change
$289,995
-1.7%
04/04/2024
StellarMLS

StellarMLS #O6141949

Price change
$295,000
-3.28%
03/29/2024
StellarMLS

StellarMLS #O6141949

Removed
$305,000

Schools & Community

Neighborhood: 

Lake Eola Heights

Elementary school: 

Lake Como Elem

Middle school: 

Lake Como School K-8

High school: 

Edgewater High

Community features: 

Fitness Center, 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

$70,834
Asking price
$289,995
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$195,961
Cash to seller
$70,834

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

Seller’s Loan History

Lender

Ruoff Mortgage Company Inc

Loan start date

August 2021

Original loan amount

$208,800

Est. remaining balance

$195,961

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Mathew Lowe

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: 07/02/2024 at 7:25 PM

Listing updated: 05/25/2024 at 9:45 PM

Listed by: Yeinier Garcia Lopez, AMERITEAM REALTY INC Phone #: (407) 898-4800

MLS: StellarMLS #O6141949

StellarMLS logo

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