tomo logo

$394,000

Beds
3
Baths
2.5
sq ft
1,691

612 Terrace Spring Dr, Orlando, FL 32828

612 Terrace Spring Dr

ORLANDO, FL 32828

  • 42 days on market
    • Price drop $5,000↓
Beautiful 3 Bedroom 2.5 Bathroom Townhome with 1,650+ square feet of living space in the GATED COMMUNITY of Woodland Terrace. AC 2021. Downstairs has an entirely open layout with the kitchen opening to both the dining space and living room area. The kitchen is updated with granite countertops, stainless steel appliances, and plenty of bar seating at the kitchen island. There is a laundry room with separate access to under stair storage! Walking up the LUXURY VINYL PLANK flooring on the stairs and entire second floor you are led to a loft area that could convert into a desk/office space. Walking through the double door entry into the primary bedroom there is plenty of space and natural light and a large walk in closet. The primary bathroom is complete with a dual vanity and walk in shower. The other two bedrooms upstairs are separated with a full bathroom in between. Downstairs is a glass sliding door that leads onto the covered paver patio space. Inside Woodland Terrace is a community pool with sail shades. Timber Springs Community Park has basketball courts, tennis court, playground and pavilion. Make an appointment to see this home today!

Details

Property type

Townhouse

Est. home value

$376,256

Lot size

2,501 sq ft

Price per sq ft

$233

Year built

2011

Annual property taxes

$2,963.71

Monthly HOA fee

$290.36

Price History

11/13/2024
StellarMLS

StellarMLS #O6246260

Price change
$394,000
-1.25%
10/04/2024
StellarMLS

StellarMLS #O6246260

Listed
$399,000
+3.64%
02/09/2024
StellarMLS

StellarMLS #O6167201

Sold
$385,000

Schools & Community

Neighborhood: 

Alafaya

Elementary school: 

Timber Lakes Elementary

Middle school: 

Timber Springs Middle

High school: 

Timber Creek High

Community features: 

Gated, Park, Playground, Pool, Sidewalks, 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

$56,959
Asking price
$394,000
Closing costs (~8% of asking)
-$31,520
Est. remaining loan balance
-$305,521
Cash to seller
$56,959

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

February 2024

Original loan amount

$308,000

Est. remaining balance

$305,521

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Brian Rosenquist

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: 11/15/2024 at 11:20 AM

Listing updated: 11/13/2024 at 10:45 AM

Listed by: William Wygle, THE WILKINS WAY LLC Phone #: (407) 874-0230

MLS: StellarMLS #O6246260

StellarMLS logo

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