tomo logo

$556,000

Beds
4
Baths
3.0
sq ft
2,397

500 Teacup Springs Ct, Winter Garden, FL 34787

500 Teacup Springs Ct

WINTER GARDEN, FL 34787

  • 32 days on market
    • Price drop $18,900↓
Rare opportunity with this remodeled 4 bed, 3 bath corner lot home located in the beautiful Magnolia Wood community. This 2,400 sqft residence, located in the golf cart district and set on over half an acre, offers an ideal setting just steps from Lake Apopka. As you enter, you are welcomed into an expansive open concept living space, featuring vaulted ceilings and luxury vinyl flooring for a bright and cohesive ambiance. The stone fireplace serves as a captivating centerpiece, adding warmth and character to the home. The kitchen boasts stainless-steel appliances, a large island with bar-top seating, and a pass-through window. A cozy breakfast nook overlooks the front yard, and just off the kitchen, you'll find an indoor utility room and a versatile bonus space—perfect as a second master suite or mother-in-law suite, complete with an attached full bathroom. The primary bedroom suite, along with two additional bedrooms, offers plenty of space for comfort and relaxation. Step through the French doors onto a sunlit enclosed porch with wall-to-wall windows, perfect for enjoying the tranquil surroundings. The fully fenced backyard is a blank canvas, ready for your personal touch. With no HOA, this property offers flexibility and is conveniently located near downtown Winter Garden, major roadways, shopping, dining, and Lake Apopka’s boat launch. Interior painted & Cabinets professionally April 2023.

Details

Property type

Single Family Residence

Est. home value

$523,838

Lot size

0.52 acres

Price per sq ft

$232

Year built

1995

Annual property taxes

$6,105.61

HOA

No

Price History

11/07/2024
StellarMLS

StellarMLS #O6250365

Price change
$556,000
-3.29%
10/21/2024
StellarMLS

StellarMLS #O6250365

Listed
$574,900
+17.33%
03/31/2023
StellarMLS

StellarMLS #O6071780

Sold
$490,000
+116.81%

Schools & Community

Elementary school: 

Dillard Street Elem

Middle school: 

Lakeview Middle

High school: 

Ocoee High

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

$52,709
Asking price
$556,000
Closing costs (~8% of asking)
-$44,480
Est. remaining loan balance
-$458,811
Cash to seller
$52,709

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

March 2023

Original loan amount

$467,868

Est. remaining balance

$458,811

Interest rate

6.12%

Loan type

FHA, 30 year

Seller

Matthew Moore and Shannon C Casey

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: 11/22/2024 at 4:50 PM

Listing updated: 11/07/2024 at 4:24 PM

Listed by: Nick Whitehouse, RE/MAX PRIME PROPERTIES Phone #: (407) 347-4512

MLS: StellarMLS #O6250365

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