tomo logo

$175,000

Beds
1
Baths
1.0
sq ft
625

627 Delaney Ave Unit 15, Orlando, FL 32801

627 Delaney Ave Unit 15

ORLANDO, FL 32801

  • 4 days on market
A prime opportunity to experience downtown living at it's best. Nestled in the charming and historic Lake Cherokee neighborhood, this recently renovated 1 bedroom, 1 bathroom condo offers the perfect blend of modern updates and a desirable location. You’ll be just a short stroll from the scenic Lake Cherokee Park, Dr. Phillips Performing Arts Center, Delaney Park, Lake Lucerne, and the vibrant Central Business District. Plus, the iconic Lake Eola, home to some of Orlando’s most popular events, festivals, and farmers markets is just one mile away. With parks, shops, restaurants, and bars right outside your door, this is the quintessential live-work-play lifestyle that downtown Orlando is known for. The condo itself has been tastefully updated, featuring fresh interior paint, laminate flooring, and a remodeled bathroom. The kitchen is fully equipped with granite countertops, a brand-new refrigerator, new range, and new disposal, ensuring a modern and functional space for any home chef. Additional highlights include a washer and dryer in unit, as well as a spacious walk-in closet. Commuting is a breeze with quick access to the 408 Expressway and I-4, making travel in and out of downtown seamless. Please note, this community is currently on a rental waitlist, so this opportunity is available exclusively for owner-occupants. This condo presents a rare chance to own a piece of downtown Orlando, schedule your showing today!

Details

Property type

Condominium

Est. home value

$193,383

Lot size

571 sq ft

Price per sq ft

$280

Year built

1974

Annual property taxes

$2,198

HOA

Yes

Price History

09/15/2024
StellarMLS

StellarMLS #O6241807

Listed
$175,000
+36.72%
12/02/2019
StellarMLS

StellarMLS #O5811687

Sold
$128,000

Schools & Community

Neighborhood: 

Lake Cherokee

Elementary school: 

Blankner Elem

Middle school: 

Blankner School (K-8)

High school: 

Boone High

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

$64,312
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$96,688
Cash to seller
$64,312

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

November 2019

Original loan amount

$107,100

Est. remaining balance

$96,688

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Emma R Serros and Nina Sharma Serros

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?

Status: Active

Tomo last checked: 09/18/2024 at 9:05 PM

Listing updated: 09/16/2024 at 6:51 AM

Listed by: Ash Sharma, CHARLES RUTENBERG REALTY ORLANDO Phone #: (407) 622-2122

MLS: StellarMLS #O6241807

StellarMLS logo

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