tomo logo

$219,000

Beds
2
Baths
2.0
sq ft
1,036

502 Derby Dr, Altamonte Springs, FL 32714

502 Derby Dr

ALTAMONTE SPRINGS, FL 32714

  • 46 days on market
    • Price drop $6,000↓
Turn-key investment 2bd/2ba townhome with tenant lease in place through June 2025. Roof replaced 2021, tile throughout main areas and carpet in bedrooms. Spacious screened/covered patio, storage shed and fenced for privacy. Great Altamonte Springs location and convenient to I-4, restaurants and shopping. Montgomery Square has a low HOA fee with a community pool and tennis courts. Priced to sell!

Details

Property type

Townhouse

Est. home value

$233,391

Lot size

2,486 sq ft

Price per sq ft

$212

Year built

1981

Annual property taxes

$2,154.3

Monthly HOA fee

$110

Price History

09/13/2024
StellarMLS

StellarMLS #O6229579

Price change
$219,000
-2.67%
08/30/2024
StellarMLS

StellarMLS #O6229579

Price change
$225,000
-1.75%
08/20/2024
StellarMLS

StellarMLS #O6229579

Price change
$229,000
-2.55%

Schools & Community

Elementary school: 

Forest City Elementary

Middle school: 

Milwee Middle

High school: 

Lyman High

Community features: 

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

$125,375
Asking price
$219,000
Closing costs (~8% of asking)
-$17,520
Est. remaining loan balance
-$76,105
Cash to seller
$125,375

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

Seller’s Loan History

Lender

North County Real Estate

Loan start date

June 2006

Original loan amount

$122,400

Est. remaining balance

$76,105

Interest rate

6.49%

Loan type

Not Provided, 30 year

Seller

Tami R Tate and Jody L Deneault

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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505 Via Del Oro Dr Unit 206, Altamonte Springs, FL 32714

Status: Active

Tomo last checked: 09/19/2024 at 5:40 AM

Listing updated: 09/12/2024 at 8:35 PM

Listed by: Mark Raponi, RESOURCE REALTY SERVICES, INC. Phone #: (407) 767-7653

MLS: StellarMLS #O6229579

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