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$439,589Estimated home value

Beds
4
Baths
2.0
sq ft
2,116

5125 Formby Dr, Orlando, FL 32812

5125 Formby Dr

ORLANDO, FL 32812

  • Off market
    • Price drop $7,000↓
Welcome to this stunning 4-bedroom, 2-bathroom gem featuring a brand-new kitchen, bathrooms, flooring and HVAC - all checked off your wishlist! Relax and entertain in spacious family areas, while enjoying Florida's breathtaking night sky from your screened-in patio. Step into the expansive backyard, perfect for endless family fun. Nestled in a desirable neighborhood, just a short 5-minute stroll to Barber Park. Plus, peace of mind with a 2020 roof replacement. Your dream home awaits.

Details

Property type

Single Family Residence

Est. home value

$439,589

Lot size

0.24 acres

Price per sq ft

$233

Year built

1987

Annual property taxes

$6,051.91

Price History

08/01/2024
StellarMLS

StellarMLS #O6182504

Removed
$493,000
07/03/2024
StellarMLS

StellarMLS #O6182504

Listed
$493,000
06/26/2024
StellarMLS

StellarMLS #O6182504

Removed
$493,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Boone 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

$191,910
Asking price
$493,000
Closing costs (~8% of asking)
-$39,440
Est. remaining loan balance
-$261,650
Cash to seller
$191,910

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2022

Original loan amount

$288,750

Est. remaining balance

$261,650

Interest rate

3.45%

Loan type

New Conventional, 20 year

Seller

Michael Rooney

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 9:30 PM

Listing updated: 07/03/2024 at 11:51 AM

Listed by: Kevin Lewis, FLORIDA REALTY INVESTMENTS Phone #: (407) 207-2220

MLS: StellarMLS #O6182504

StellarMLS logo

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