tomo logo

$482,000

Beds
4
Baths
2.0
sq ft
2,116

5125 Formby Dr, Orlando, FL 32812

5125 Formby Dr

ORLANDO, FL 32812

  • 34 days on market
Welcome to your dream home in the heart of the desirable and historical Conway/Belle Isle area! This beautiful four-bedroom, two-bathroom residence offers the perfect blend of comfort and style with an impressive array of features. Boasting a bright and spacious open floor plan, this home is designed for both everyday living and entertaining. This NO HOA single-family home offers exceptional flexibility with NO MINIMUM LEASE PERIOD, making it a fantastic INVESTMENT OPPORTUNITY for LONG-TERM RENTAL or as a cherished PRIMARY RESIDENCE. The modern kitchen is a true centerpiece, featuring expansive countertops, stainless steel appliances, and ample storage, ideal for both the avid cook and those who love to entertain. The generously sized living and dining areas are bathed in natural light, creating a warm and inviting atmosphere throughout. Your private primary suite is a relaxing retreat, complete with a roomy layout, a walk-in closet, and an ensuite bathroom with a luxurious walk-in shower. Three additional bedrooms provide flexible space for family, guests, or a dedicated home office to suit your lifestyle needs. Step outside and embrace the Florida lifestyle in your expansive SCREENED-IN patio—perfect for hosting gatherings or unwinding in privacy—overlooking a beautifully landscaped, FENCED backyard. Situated in an unbeatable location, you’ll be UNDER 30 MINUTES or less from SeaWorld, Downtown Orlando, and all of Central Florida’s most beloved attractions, including Disney Springs, Universal Studios, and I-Drive. Plus, you’re conveniently close to top-rated schools, parks, shopping, dining, and major highways, putting everything you need right at your fingertips. Don’t miss your chance to own this versatile, beautifully maintained property that captures the essence of the Florida lifestyle. Schedule your showing today and see why this home is the perfect blend of charm, convenience, and investment potential!

Details

Property type

Single Family Residence

Est. home value

$439,589

Lot size

0.24 acres

Price per sq ft

$228

Year built

1987

Annual property taxes

$6,051.91

HOA

No

Price History

11/18/2024
StellarMLS

StellarMLS #O6258452

Listed
$482,000
-2.23%
08/01/2024
StellarMLS

StellarMLS #O6182504

Removed
$493,000
07/03/2024
StellarMLS

StellarMLS #O6182504

Listed
$493,000

Schools & Community

Elementary school: 

Shenandoah Elem

Middle school: 

Conway Middle

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

$183,622
Asking price
$482,000
Closing costs (~8% of asking)
-$38,560
Est. remaining loan balance
-$259,818
Cash to seller
$183,622

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

$259,818

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?

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Status: Active

Tomo last checked: 12/22/2024 at 5:05 AM

Listing updated: 12/09/2024 at 5:01 PM

Listed by: Melissa Gonzalez, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #O6258452

StellarMLS logo

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