tomo logo

$239,900

Beds
2
Baths
1.0
sq ft
1,271

404 Summit Ridge Pl Unit 110, Longwood, FL 32779

404 Summit Ridge Pl Unit 110

LONGWOOD, FL 32779

  • 287 days on market
    • Price drop $5,100↓
This is a newly renovated beautiful Condominium!!! It has New Vinyl Wooden Floors, New Granite Countertops, New Cabinets, and a New Breakfast Bar. Freshly painted on the inside. Motivated Seller! It is gorgeous on the outside and inside with a walk-in closet. The master bedroom includes a beautiful $13,000 Plymouth' Murphy Bed Wall Unit! If the buyer doesn't want the Plymouth' Murphy Bed Wall Unit the seller is willing to have it removed before closing. -The Residences at Sabal Point is a Pet-Friendly Community! -WATER/SEWER, trash and pest control are INCLUDED in your monthly condo fees! -Located in a Gated Community! -The Condominium has the newly high speed fiber internet! -Walk-in Closets, Brand New Ceiling Fans. Pantry Cabinet. -The LAUNDRY ROOM located just off the Kitchen. - A wealth of amenities awaits including a Clubhouse (perfect for parties) with Kitchen and Lounge Area, Fitness Center, Waterfront/Lakeside HEATED Swimming Pool, Tropical Gazebo, Tennis Court, Car Wash Station/Vacuum Area and a Playground. -The Pool area also offers a Picnic Patio and Grill for Summer's evening cookouts. Enjoy one of Central Florida's best-kept secrets offering recreation and relaxation at the 7,000 acre Wekiwa Springs State Park, a 'Natural Water Wonder' where you can enjoy a hike or a swim in its crystal-clear emerald waters. - Explore the Cross Seminole Trail on foot or bike with 23 miles of trails through Seminole County! You will love living in this part of Longwood! -Pleasant evening strolls around the community and Sabal Point with nice nature views. If you've had to consider downsizing your requirements to get onto the property ladder, this condo would make a super place to call home with great potential to rent the condo if you decide to move or relocate in the future. Happy days ahead in your new home! It is located in a great shopping area with outstanding restaurants. For Cash Flow Income The Buyer Can Rent The Condominium For Around $1,700 a MONTH. This is an outstanding Condominium!

Details

Property type

Condominium

Est. home value

$222,503

Lot size

522 sq ft

Price per sq ft

$189

Year built

1996

Annual property taxes

$1,499.58

Monthly HOA fee

$396

Price History

12/05/2024
StellarMLS

StellarMLS #O6179684

Price change
$239,900
-2.08%
10/02/2024
StellarMLS

StellarMLS #O6179684

Price change
$245,000
-2%
08/20/2024
StellarMLS

StellarMLS #O6179684

Price change
$250,000
+1.21%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Playground, Pool, Tennis Court(s)

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

$122,378
Asking price
$239,900
Closing costs (~8% of asking)
-$19,192
Est. remaining loan balance
-$98,330
Cash to seller
$122,378

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

Seller’s Loan History

Lender

Pinnacle Financial Corp

Loan start date

September 2006

Original loan amount

$156,910

Est. remaining balance

$98,330

Interest rate

6.55%

Loan type

Not Provided, 30 year

Seller

Richard G Cox

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: 12/23/2024 at 12:30 AM

Listing updated: 12/07/2024 at 3:09 PM

Listed by: Julice Miller, Jr, KELLER WILLIAMS WINTER PARK Phone #: (407) 545-6430

MLS: StellarMLS #O6179684

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