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$315,000

Beds
3
Baths
2.0
sq ft
1,570

500 Zimmerman Dr, Orlando, FL 32839

500 Zimmerman Dr

ORLANDO, FL 32839

  • Pending
    • Price drop $35,000↓
Lowered price for this diamond in the rough. Back on the market. Oversized double lot, 3/2 home with double carport in Lake Jessamine area. This home has lake access to lake Jessamine. 24x17 screened porch overlooks the fully fenced backyard with 3 sheds. One side of the carport has a workroom with electricity. There is a long driveway so there is plenty of parking. House has been replumbed and the electric panel has been replaced and is up to code. The exterior was painted in the last 4 years and the interior has been recently repainted. Hardwood floors go from the dining room to large family/living room and down the hall into the bedrooms. Right now the seller has relatively new carpet down the hall and in the bedrooms. There are ceiling fans and some are new as well as some of the lights. The primary bedroom has ensuite bathroom. Bathrooms are retro. This house sits on a beautiful lot. The back yard will accomadate an RV, large truck etc. House may be on audio video surveillance.

Details

Property type

Single Family Residence

Est. home value

$370,499

Lot size

0.4 acres

Price per sq ft

$201

Year built

1959

Annual property taxes

$2,827

HOA

No

Price History

11/07/2024
StellarMLS

StellarMLS #O6240151

Pending
$315,000
10/30/2024
StellarMLS

StellarMLS #O6240151

Price change
$315,000
-10%
10/30/2024
StellarMLS

StellarMLS #O6240151

Listed
$350,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$115,730
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$174,070
Cash to seller
$115,730

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

January 2019

Original loan amount

$193,325

Est. remaining balance

$174,070

Interest rate

4.75%

Loan type

New Conventional, 30 year

Seller

John E Vazquez

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: Pending/Under Contract

Tomo last checked: 11/08/2024 at 1:15 PM

Listing updated: 11/07/2024 at 10:12 AM

Listed by: Lois Vonderbecke, COLDWELL BANKER REALTY Phone #: (407) 333-8088

MLS: StellarMLS #O6240151

StellarMLS logo

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