tomo logo

$550,000

Beds
4
Baths
2.5
sq ft
2,155

623 Riomar Ave, Orlando, FL 32828

623 Riomar Ave

ORLANDO, FL 32828

  • 57 days on market
This gorgeous home in sought-after Waterford Lakes has a fantastic floor plan, plenty of natural light, and absolutely beautiful pond view! New roof in 2015. Large covered front porch is unique and welcoming. Once inside, you'll be greeted by 18+ foot ceilings, formal living & dining rooms, and a family room which adjoins the kitchen providing a great flow for entertaining. Half-bath downstairs for guests as well. Upgraded sliding glass doors lead to the HUGE back lanai which is almost 700 square feet and features tile flooring, ceiling fans, and cement-board kick plate for extra durability. There's also a gorgeous staircase with wooden steps & banister that give a very open feel that extends to the upstairs loft. Upgraded cabinetry in all bathrooms, and amazing blue-pearl granite countertops throughout the entire home. No carpet - solid surface floors throughout. Kitchen features stainless steel appliances, updated pendant lighting, TWO pantries, and even a wine refrigerator! Master bedroom is spacious and leads to master bathroom which is very inviting with shower, jetted tub, and double-sinks. Walk-in closets in every bedroom! All blinds, drapes, lighting, and fans are included. Inside laundry room has track shelving and a window which is rare, but very nice. Washer and dryer are also included. Garage has track shelving that will convey too. HVAC is Trane unit from 2013. Transferable termite bond is in place. Waterford Lakes neighborhood offers a community pool, walking trails, dog park, tennis/basketball/racquetball/sand volleyball courts, baseball/soccer fields, covered outside exercise equipment, and more. On top of all this are the three most important words in real estate Location! Location! Location! There are TONS of options for shopping, dining, entertainment, etc within minutes. Additionally, you've got close proximity to UCF, Lockheed Martin, AdventHealth, etc, etc. And finally, East Colonial Dr., 408, 528, 417, etc that are just minutes away as well.

Details

Property type

Single Family Residence

Est. home value

$358,354

Lot size

7,702 sq ft

Price per sq ft

$256

Year built

1997

Annual property taxes

$6,725

Monthly HOA fee

$96.58

Price History

05/09/2024
StellarMLS

StellarMLS #O6200297

Listed
$550,000
+10%
10/21/2022
StellarMLS

StellarMLS #O6064270

Sold
$500,000

Schools & Community

Neighborhood: 

Alafaya

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

$178,421
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$327,579
Cash to seller
$178,421

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2022

Original loan amount

$333,841

Est. remaining balance

$327,579

Interest rate

6.29%

Loan type

FHA, 30 year

Seller

Harrison M Eulett

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: 07/04/2024 at 11:30 PM

Listing updated: 05/10/2024 at 6:54 AM

Listed by: Jose Miguel Arreaza, FLORIDA NEW DREAM CORP. Phone #: (954) 374-9534

MLS: StellarMLS #O6200297

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