tomo logo

$575,000

Beds
3
Baths
2.5
sq ft
2,267

623 Riomar Ave, Orlando, FL 32828

623 Riomar Ave

ORLANDO, FL 32828

  • 37 days on market
Stunning waterfront home in Waterford Lakes with a fantastic layout, lots of natural light, and a lovely pond view. 3 bedrooms, 2.5 baths plus a Den/Office space on the first floor. This home features 18+ high ceilings, formal living and dining rooms, and a family room that flows into the kitchen, making it perfect for entertaining. There's also a half-bathroom downstairs for guests. Upgraded sliding doors open to a huge back lanai, almost 700 square feet, with tile floors, ceiling fans, and panel trim for extra durability. The home features upgraded cabinetry in all the bathrooms and stunning blue-pearl granite countertops throughout. There’s no carpet—solid flooring throughout the house. The kitchen has stainless steel appliances, pantry, and a wine fridge. A beautiful, open staircase with wooden steps and banister leads up to the loft area. The spacious master bedroom is on the first floor with a direct water view. The master bathroom has a shower, jetted tub, and double sinks. Walk-in closets in every bedroom. All window blinds, drapes, lighting, and ceiling fans are included. The laundry room has track shelving and a window. The washer and dryer are also included. The two car garage has plenty of shelving. The Trane HVAC unit is from 2013. The roof was replaced in 2015. The Waterford Lakes Community offers a resort-style lifestyle with amenities such as a pool, walking trails, two dog parks, tennis, pickleball, basketball, racquetball, sand volleyball courts, baseball/soccer fields, outdoor exercise equipment, and more. The location is fantastic, within an excellent School District, 15 minutes to UCF, plenty of shopping, dining, and entertainment nearby. Also close to Lockheed Martin, Advent Health, and easy, nearby access to major roads like East Colonial Dr., 408, 528, and 417. Come tour this exceptional waterfront home!

Details

Property type

Single Family Residence

Est. home value

$358,354

Lot size

7,702 sq ft

Price per sq ft

$254

Year built

1997

Annual property taxes

$6,725

Monthly HOA fee

$19.67

Price History

11/18/2024
StellarMLS

StellarMLS #O6257658

Listed
$575,000
+4.55%
08/01/2024
StellarMLS

StellarMLS #O6200297

Removed
$550,000
05/09/2024
StellarMLS

StellarMLS #O6200297

Listed
$550,000
+10%

Schools & Community

Neighborhood: 

Alafaya

Elementary school: 

Waterford Elem

Middle school: 

Discovery Middle

High school: 

Timber Creek High

Community features: 

Playground, Pool, Racquetball, 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

$203,532
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$325,468
Cash to seller
$203,532

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

$325,468

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: 12/25/2024 at 9:05 AM

Listing updated: 12/23/2024 at 12:09 PM

Listed by: Paola Padovan Hall, PADOVAN REALTY CORP. Phone #: (305) 915-4044

MLS: StellarMLS #O6257658

StellarMLS logo

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