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$225,000

Beds
2
Baths
2.0
sq ft
1,024

5550 E Michigan St Unit 2309, Orlando, FL 32822

5550 E Michigan St Unit 2309

ORLANDO, FL 32822

  • 148 days on market
    • Price drop $5,000↓
This beautifully maintained unit in the highly desirable Registry at Michigan Park Condominiums is now available! Featuring a spacious open floor plan with an expansive great room, a charming kitchen with beautiful granite counters, and gorgeous wood plank laminate flooring throughout, this fantastic 3rd floor unit is a must-see! Two large bedrooms each offer their own private bathroom. This gated community offers an abundance of resort-style amenities including two pools, spas, a park, clubhouse, fitness center, and more! And Internet, Cable TV, Grounds Maintenance, Pest Control, Water, Trash, & Sewer are all included with the HOA. Situated in the Conway area in Southeast Orlando, close to the Orlando International Airport and just a short drive to Downtown Orlando, plus with easy highway access via the 408, 528, and I-4, the convenience of this condo can't be beat! A great investment opportunity or starter home! Call today for your private tour!

Details

Property type

Condominium

Est. home value

$222,877

Lot size

8.85 acres

Price per sq ft

$220

Year built

2005

Annual property taxes

$1,582.13

Monthly HOA fee

$447.7

Price History

10/31/2024
StellarMLS

StellarMLS #O6219138

Price change
$225,000
-2.17%
08/06/2024
StellarMLS

StellarMLS #O6219138

Price change
$230,000
-2.13%
06/30/2024
StellarMLS

StellarMLS #O6219138

Listed
$235,000
+67.86%

Schools & Community

Neighborhood: 

South Semoran

Elementary school: 

Lake George Elem

Middle school: 

Conway Middle

High school: 

Boone High

Community features: 

Gated, Clubhouse, Fitness Center, 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

$111,638
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$95,362
Cash to seller
$111,638

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

July 2020

Original loan amount

$105,000

Est. remaining balance

$95,362

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Laurent Cassagnol

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?

Status: Active

Tomo last checked: 11/25/2024 at 10:05 AM

Listing updated: 10/31/2024 at 1:39 PM

Listed by: Jadel Patterson, LLC, KELLER WILLIAMS ADVANTAGE REALTY Phone #: (407) 977-7600

MLS: StellarMLS #O6219138

StellarMLS logo

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