tomo logo

$350,000

Beds
3
Baths
3.0
sq ft
1,353

520 Michigan Ave, Altamonte Springs, FL 32714

520 Michigan Ave

ALTAMONTE SPRINGS, FL 32714

  • 239 days on market
    • Price drop $10,000↓
Assumable VA Loan. Come see this beautiful 3 bedroom/ 3 bath single family pool home in the suburban city of Altamonte Springs. This home is equipped with stainless steel appliances, granite countertops, and ceramic tile flooring. Step outside to the spacious backyard, perfect for outdoor gatherings and enjoying the Florida sunshine. The roof was replaced in February of 2023 and the driveway was paved in August of 2023. New fence as of May 2024. Conveniently located near shopping, dining, and its about thirty minutes from Disney, Universal Studios, and the Orlando International Airport. Don't miss your chance to make this your new home. Contact us today to schedule a viewing!

Details

Property type

Single Family Residence

Est. home value

$1,614,427

Lot size

7,873 sq ft

Price per sq ft

$259

Year built

1960

Annual property taxes

$1,247.97

Price History

02/02/2024
StellarMLS

StellarMLS #S5094582

Price change
$350,000
-2.78%
11/09/2023
StellarMLS

StellarMLS #S5094582

Listed
$360,000
+11.46%
07/05/2022
StellarMLS

StellarMLS #O6018978

Sold
$323,000
+173.73%

Schools & Community

Elementary school: 

Forest City Elementary

Middle school: 

Teague Middle

High school: 

Lake Brantley 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

-$878,829
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$1,200,829
Cash to seller
-$878,829

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

May 2022

Original loan amount

$1,240,000

Est. remaining balance

$1,200,829

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

James Joseph Creighton Iii and Andrea Leigh Creighton

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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884 Little Bend Rd, Altamonte Springs, FL 32714

Status: Active

Tomo last checked: 07/05/2024 at 12:00 AM

Listing updated: 06/05/2024 at 10:21 AM

Listed by: Maria Lebron, CENTURY 21 CARIOTI Phone #: (407) 566-0555

MLS: StellarMLS #S5094582

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