tomo logo

$310,000

Beds
2
Baths
2.0
sq ft
1,250

400 E Colonial Dr Unit 207, Orlando, FL 32803

400 E Colonial Dr Unit 207

ORLANDO, FL 32803

  • 42 days on market
    • Price drop $5,000↓
Discover a beautifully renovated 2BR-2BA corner unit on the second floor in a stunning downtown high-rise. Redone with an emphasis on openness, light and sound-proofing. Enjoy spacious bedrooms, ample storage space with upgraded Rubbermaid configurations closets, and new plantation shutter bifold closet doors. The bathrooms have new tall comfort height toilets. The beautiful fully-eqiupped kitchen has a real stone backsplash and quartz countertops along with upgraded stainless GE appliances. With the warmth of engineered hardwood - waterproof limestone vinyl flooring throughout and the sprawling layout, it has the perfect blend of comfort and modernity. The two bedrooms provide the ability for family living or office work depending on your needs. This unit has a new A/C and is Fiber Internet ready. As it is a corner unit, you have access to a wraparound balcony with a beautiful lake view and partial city view. Enjoy the sunrise on East side and sunset on north side of balcony. Or, go to the pool for a swim in the oversized salt water pool or enjoy the many seating areas surrounding the pool. Park Lake Towers itself is a well-maintained building with 24-hour security for your peace of mind and boasts several premium amenities which are included in the Condo fees. Water, sewer, and trash services, Pest control, Cable and high-speed Internet,24-hour security and video cameras for your safety,Salt-water, oversized pool, A well-equipped fitness center for your active lifestyle with a Steam Room and Sauna. Assigned garage parking space A short walk to picturesque Lake Eola, Thornton Park and downtown Orlando, enjoy the prime location of your new home and close proximity to shopping, dining and entertainment–even Publix and the YMCA are only a few blocks away. Additionally, commuting is made more simple with easy access to I-4. Don’t miss this opportunity to make Park Lake Towers your new home and contact us today!

Details

Property type

Condominium

Est. home value

$311,689

Lot size

0.28 acres

Price per sq ft

$248

Year built

1975

Annual property taxes

$1,988

Monthly HOA fee

$865

Price History

01/17/2025
StellarMLS

StellarMLS #O6266338

Price change
$310,000
-1.59%
12/22/2024
StellarMLS

StellarMLS #O6266338

Listed
$315,000
+133.33%
07/22/2013
StellarMLS

StellarMLS #S4712524

Sold
$135,000

Schools & Community

Neighborhood: 

Lake Eola Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, 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

$204,697
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$80,503
Cash to seller
$204,697

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

July 2013

Original loan amount

$108,000

Est. remaining balance

$80,503

Interest rate

3.91%

Loan type

New Conventional, 30 year

Seller

Christopher Mahanna

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: 02/02/2025 at 12:05 AM

Listing updated: 01/29/2025 at 5:54 PM

Listed by: Anne Roche, OWENS REALTY NETWORK LLC Phone #: (407) 808-0798

MLS: StellarMLS #O6266338

StellarMLS logo

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