tomo logo

$649,900

Beds
5
Baths
3.5
sq ft
3,503

626 Palio Ct, Ocoee, FL 34761

626 Palio Ct

OCOEE, FL 34761

  • 172 days on market
    • Price drop $10,000↓
Elegant and Sophisticated 5-Bedroom 3.5 Bath Home in Gated Community! Discover this stunning 2-story home offering 4 bedrooms upstairs, a flexible office space (5th bedroom), and a bonus room. Nestled in a gated community with 24-hour security, this elegant residence features 12’ ceilings with molding throughout, a spacious floor plan with 2 dining rooms (1 could be used as a playroom, family room, etc), a living room, and a beautiful kitchen with upgraded wood cabinets, granite countertops and stainless steel appliances, including a beverage fridge. Enjoy the wet bar & a hideout closet under the stairs. Outside, you find the gorgeous and massive screened-in porch with a lanai and outdoor kitchen, perfect for entertaining. Upstairs, the welcoming loft/flex area has some beautiful built-in shelves. The 2nd floor, has a split floor plan, giving everyone their own space. You will find 4 bedrooms including a large master suite "wing". The bedroom has elegant tray ceilings and a lovely sitting area, 2 walk-in closets with custom cabinetry, and the spacious ensuite bathroom features lots of counter space, dual vanities, make-up area, a soaking tub and a glass enclosed shower. Another suite has its own bathroom, and 2 bedrooms share a Jack and Jill bathroom. Conveniently, the laundry room is located near the bedrooms. While the dual AC systems ensure comfort throughout the home. Additional features include a 3-car garage, WHOLE HOME 10KW GENERATOR, a roof replaced in 2018, wood flooring on the first floor, and luxury vinyl plank upstairs, and carpet in the 3 extra bedrooms. Fenced-in backyard. Community Amenities: • Clubhouse • Large pool and splash park • Beach volleyball court • Soccer and baseball fields • Two basketball courts • Two tennis-pickleball courts and a walking/biking trail, includes wifi. Don’t miss this sophisticated gem!

Details

Property type

Single Family Residence

Est. home value

$612,463

Lot size

9,056 sq ft

Price per sq ft

$186

Year built

2006

Annual property taxes

$602

Monthly HOA fee

$167.38

Price History

08/26/2024
StellarMLS

StellarMLS #V4936607

Price change
$649,900
-1.52%
07/18/2024
StellarMLS

StellarMLS #V4936607

Price change
$659,900
-2.24%
06/04/2024
StellarMLS

StellarMLS #V4936607

Listed
$675,000
+9.76%

Schools & Community

Elementary school: 

Prairie Lake Elementary

Middle school: 

Lakeview Middle

High school: 

Ocoee High

Community features: 

Gated, Clubhouse, 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

$110,735
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$487,173
Cash to seller
$110,735

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

Seller’s Loan History

Lender

Pmac Lending Services Inc

Loan start date

November 2023

Original loan amount

$492,000

Est. remaining balance

$487,173

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Marcos Gabriel Sime and Theanny Estevez

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 9:10 PM

Listing updated: 11/17/2024 at 5:03 PM

Listed by: Marian Gomez Perez, RE/MAX SIGNATURE Phone #: (386) 673-7001

MLS: StellarMLS #V4936607

StellarMLS logo

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