tomo logo

$174,500

Beds
1
Baths
1.0
sq ft
625

623 Delaney Ave Unit 8, Orlando, FL 32801

623 Delaney Ave Unit 8

ORLANDO, FL 32801

  • 47 days on market
    • Price drop $24,500↓
Welcome to 623 Delaney Avenue, Unit 8, located in the historic and desirable Lake Cherokee neighborhood of Orlando, FL. This charming 1-bedroom, 1-bathroom unit offers 625 square feet of modern living space. Enjoy the convenience of having a washer/dryer in-unit for ultimate ease. Situated near Lake Cherokee Park, Dr. Phillips Performing Arts Center, Delaney Park, and Lake Lucerne, you'll have a plethora of recreational options at your fingertips. Plus, the vibrant Central Business District is just a stone's throw away, providing endless dining, shopping, and entertainment opportunities. For those who love community events, the iconic Lake Eola, renowned for its popular events, festivals, and farmers markets, is just one mile away. This unit perfectly blends historic charm with modern conveniences, making it an ideal spot for anyone looking to experience the best of Orlando living. Don't miss out on this exceptional opportunity!

Details

Property type

Condominium

Est. home value

$188,414

Lot size

Unknown

Price per sq ft

$280

Year built

1974

Annual property taxes

$2,198.13

HOA

Yes

Price History

09/21/2024
StellarMLS

StellarMLS #O6241151

Price change
$174,500
-12.31%
09/20/2024
StellarMLS

StellarMLS #O6241151

Listed
$199,000
+4.81%
09/17/2024
StellarMLS

StellarMLS #O6188395

Removed
$189,859

Schools & Community

Neighborhood: 

Lake Cherokee

Elementary school: 

Blankner Elem

Middle school: 

Blankner School (K-8)

High school: 

Boone High

Community features: 

Sidewalks

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

$32,176
Asking price
$174,500
Closing costs (~8% of asking)
-$13,960
Est. remaining loan balance
-$128,364
Cash to seller
$32,176

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

Seller’s Loan History

Lender

Trustco Bank

Loan start date

April 2022

Original loan amount

$134,627

Est. remaining balance

$128,364

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Lynn Anne Perez

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: 11/05/2024 at 8:35 PM

Listing updated: 10/02/2024 at 8:08 PM

Listed by: Drew Belani, COMPASS FLORIDA LLC Phone #: (407) 203-9441

MLS: StellarMLS #O6241151

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