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$325,000

Beds
3
Baths
1.5
sq ft
1,244

5937 Colchester Dr, Orlando, FL 32812

5937 Colchester Dr

ORLANDO, FL 32812

  • 29 days on market
Just Listed! This 1960’s 3-bedroom Bungalow home, with a bonus room is a perfect starter home or investment property. The property is a well-kept blank canvas with a large outdoor space and limitless opportunities. The home includes a completely fenced backyard and a shed for extra storage. Located just minutes from Orlando International Airport, shopping centers, and attractions. This home provides comfort, affordability, and close proximity to everything in Orlando.

Details

Property type

Single Family Residence

Est. home value

$323,422

Lot size

6,606 sq ft

Price per sq ft

$262

Year built

1962

Annual property taxes

$4,579.81

HOA

No

Price History

10/24/2024
StellarMLS

StellarMLS #O6251816

Listed
$325,000
+33.74%
02/18/2021
StellarMLS

StellarMLS #O5905704

Sold
$243,000
+224%
11/04/2011
StellarMLS

StellarMLS #O5059997

Sold
$75,000
+73.93%

Schools & Community

Elementary school: 

Mc Coy Elem

Middle school: 

Conway Middle

High school: 

Boone 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

$166,443
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$132,557
Cash to seller
$166,443

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

February 2021

Original loan amount

$145,000

Est. remaining balance

$132,557

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Luisa A Diaz

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: 11/22/2024 at 1:50 PM

Listing updated: 10/25/2024 at 6:55 AM

Listed by: Will Huie, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #O6251816

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