tomo logo

$950,000

Beds
5
Baths
4.0
sq ft
3,207

5311 Bay Side Dr, Orlando, FL 32819

5311 Bay Side Dr

ORLANDO, FL 32819

  • 36 days on market
    • Price drop $25,000↓
This luxury home is in the established community of North Bay, positioned within Arnold Palmer’s esteemed Bay Hill Golf Club nested in the heart of Dr Phillips. The moment you enter your new home you are welcomed by a large open concept floor plan overlooking you screen in pool. The design of the home seamlessly connects all the shared living space ideal for growing families and entertaining friends and guest. Besides the highly desirable open concept design, the home was built as a split floor plan with the bedrooms and shared bathroom on the right of the entrance and the main suite tucked away on the opposite side. Speaking of the main suite, you have full access to the screened pool area through your own private sliding glass door. The main suite also features an enclosed walk-in shower right next to your personal jacuzzi. As if the house wasn’t big enough, you have access to the 5th bedroom located upstairs that has been renovated to become an entertainment space. The upstairs bathroom has its own full bath and balcony overlooking the front of the home. As you are aware of all the amazing amenities that Dr Phillips has to offer, you are just mins from fantastic dining mins away, plenty of shopping options and entertainment all around you.

Details

Property type

Single Family Residence

Est. home value

$992,354

Lot size

0.26 acres

Price per sq ft

$297

Year built

1996

Annual property taxes

$11,585

Monthly HOA fee

$53

Price History

06/21/2024
StellarMLS

StellarMLS #O6209857

Price change
$950,000
-2.56%
05/30/2024
StellarMLS

StellarMLS #O6209857

Listed
$975,000
+26.62%
10/05/2021
StellarMLS

StellarMLS #O5961143

Sold
$770,000
+44.6%

Schools & Community

Elementary school: 

Palm Lake Elem

Middle school: 

Chain of Lakes Middle

High school: 

Dr. Phillips High

Community features: 

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

$258,945
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$615,055
Cash to seller
$258,945

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

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

October 2021

Original loan amount

$654,500

Est. remaining balance

$615,055

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Nicholas Christopher Pulos and Casey Jenea Oliver

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: 07/04/2024 at 10:50 PM

Listing updated: 06/21/2024 at 7:36 AM

Listed by: Johnathan Lam, NATIONAL REAL ESTATE LLC Phone #: (407) 203-6903

MLS: StellarMLS #O6209857

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