tomo logo

$1,150,000

Beds
5
Baths
4.0
sq ft
3,170

550 Clayton St, Orlando, FL 32804

550 Clayton St

ORLANDO, FL 32804

  • 42 days on market
    • Price drop $38,750↓
Built by Clarkson Concepts in 2015, this custom home was a GOBA parade winner for the Best Kitchen. This spacious home features 5 bedrooms with 4 en-suite full baths. This award-winning entertaining kitchen features an expansive island, custom designer cabinets, concrete poured countertops and walk-in pantry. First Floor Master features a custom closet and rain shower plus direct access to backyard entertaining area. Backyard includes plunge pool with screen enclosure and outdoor kitchen with wine fridge and icemaker. Enjoy a low-maintenance turf lawn and deck perfect for family fun. Upstairs bedrooms complete with hardwood and custom tiled bathrooms, plus laundry area. Rinnai tankless gas water heater, Low E double pane windows, outfitted for surround sound Living/Kitchen/Master.

Details

Property type

Single Family Residence

Est. home value

$1,101,329

Lot size

6,256 sq ft

Price per sq ft

$363

Year built

2015

Annual property taxes

$9,960

Price History

06/21/2024
StellarMLS

StellarMLS #O6206969

Price change
$1,150,000
-3.26%
05/31/2024
StellarMLS

StellarMLS #O6206969

Listed
$1,188,750
05/25/2024
StellarMLS

StellarMLS #O6206969

Pending
$1,188,750

Schools & Community

Neighborhood: 

College Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$787,626
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$270,374
Cash to seller
$787,626

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

July 2020

Original loan amount

$348,169

Est. remaining balance

$270,374

Interest rate

2.7%

Loan type

New Conventional, 15 year

Seller

Micah A Pace and Ericka A Pace

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 7:30 PM

Listing updated: 06/30/2024 at 4:10 PM

Listed by: Steven Koleno, BEYCOME OF FLORIDA LLC Phone #: (804) 656-5007

MLS: StellarMLS #O6206969

StellarMLS logo

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