tomo logo

$229,900

Beds
2
Baths
2.0
sq ft
919

5405 Lake Margaret Dr Unit D, Orlando, FL 32812

5405 Lake Margaret Dr Unit D

ORLANDO, FL 32812

  • 13 days on market
Discover this exceptional 2-bedroom, 2-bathroom condo on the 1st floor at The Manors of Bryn Mawr. Featuring numerous upgrades, it is move-in ready and offers spacious bedrooms, a bright, open floor plan, and a screened-in porch perfect for relaxation. Located in the heart of Conway, the community features a pool and beautifully maintained grounds. It is conveniently close to major roads, shopping, attractions, and more. RECENT UPGRADES: NEW EXTERIOR AND INTERIOR LIGHT FIXTURES, ALL CEILING FANS, FRESH INTERIOR PAINT, MODERNIZED KITCHEN AND SINK, NEW HARDWARE, UPDATED BATHROOM VANITIES, AND MORE. Please not that the property is not eligible for FHA financing until 9.4.24. <iframe src="https://www.insidemaps.com/app/walkthrough-v2/?projectId=yD8u6itMFK&env=production&embedded=true" style="height:560px; width:720px;" allowfullscreen></iframe>

Details

Property type

Condominium

Est. home value

$217,433

Lot size

0.35 acres

Price per sq ft

$251

Year built

1988

Annual property taxes

$2,731.02

Monthly HOA fee

$333

Price History

06/19/2024
StellarMLS

StellarMLS #O6216063

Listed
$229,900
+54.3%
02/04/2020
StellarMLS

StellarMLS #O5823244

Sold
$149,000

Schools & Community

Neighborhood: 

Bryn Mawr

Elementary school: 

Lake George Elem

Middle school: 

Conway Middle

High school: 

Boone High

Community features: 

Clubhouse, Pool

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

$79,584
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$131,924
Cash to seller
$79,584

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

Seller’s Loan History

Lender

Equity Resources Inc

Loan start date

January 2020

Original loan amount

$144,485

Est. remaining balance

$131,924

Interest rate

3.73%

Loan type

FHA, 30 year

Seller

Yara Hernandez and Jeovanni Hernandez

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: 07/02/2024 at 7:05 PM

Listing updated: 07/01/2024 at 12:00 AM

Listed by: Vivian Hilmer, IRON VALLEY REAL ESTATE CENTRAL FLORIDA Phone #: (407) 203-9595

MLS: StellarMLS #O6216063

StellarMLS logo

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