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$1,315,450Estimated home value

Beds
4
Baths
4.0
sq ft
2,901

703 Fairoaks Ln, Maitland, FL 32751

703 Fairoaks Ln

MAITLAND, FL 32751

  • Off market
    • Price drop $100,000↓
Welcome home to one of Maitland’s best kept secrets – this charming Victorian style home is located in a neighborhood that is just steps away from Maitland Community Park in a location that is private yet very accessible to major roads. The recently upgraded home has everything you could want and more, and features a great layout for entertaining, both indoors and outdoors. With amazing natural light throughout, it is easy to fall in love with this one. Located at the end of a cul-de-sac, this elegant home has updates and conveniences that will impress the pickiest of buyers. As you walk in, you are immediately drawn to the amount of natural light as well as the beautiful family room. The updated kitchen has soft-close cabinets, granite counters, stainless steel appliances, 6-burner gas stove and so much more. Adjacent to the kitchen, you have a space for a formal dining room and on the other side of the kitchen you have a step down into an informal family room- the perfect place to watch a movie or hang with family and friends. The downstairs is complete with a large laundry room, a guest bedroom and a full bath. Located upstairs are two additional guest bedrooms and two guest bathrooms. The Master is simply breathtaking and highlights serene views of Lake Minnehaha and beautiful, mature oak trees through its French-doors with a private covered deck. The master offers a quiet retreat with a gas fireplace, dressing room, en-suite bathroom with a claw bathtub, separate shower, and 2 separate vanities. Now that you have seen the inside, it’s time to save the best for last. As you make yourself outside the pergola is the perfect place to hang out on a hot day, or simply kick back relax and enjoy the beautiful pool and spa. The exterior has had recent upgrades including new deck in 2021, pergola, landscaping, paint and newer gutters. This family-friendly dog- walking community has side-walks and a nice path to cut through to Dommerich Estates, as well as a quick bike ride to Maitland Middle School. Located off Hwy. 17/92 with quick and easy-access to Maitland Blvd exchange (I-4) and Sunrail station, bike to school, unlimited walking/biking through neighboring Dommerich Estates, downtown Maitland, eateries, library, art center and Lake Lily Park. Say no more, come tour this beautiful home before it’s too late.

Details

Property type

Single Family Residence

Est. home value

$1,315,450

Lot size

0.38 acres

Price per sq ft

$440

Year built

1982

Annual property taxes

$13,768

Monthly HOA fee

$20.83

Price History

08/13/2024
StellarMLS

StellarMLS #O6217242

Removed
$1,275,000
07/17/2024
StellarMLS

StellarMLS #O6217242

Price change
$1,275,000
-7.27%
06/23/2024
StellarMLS

StellarMLS #O6217242

Listed
$1,375,000
+44.74%

Schools & Community

Elementary school: 

Lake Sybelia Elem

Middle school: 

Maitland Middle

High school: 

Winter Park 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

$462,992
Asking price
$1,275,000
Closing costs (~8% of asking)
-$102,000
Est. remaining loan balance
-$710,008
Cash to seller
$462,992

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

August 2021

Original loan amount

$760,000

Est. remaining balance

$710,008

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Michel Velez Varela

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: Off Market

Tomo last checked: 09/20/2024 at 7:00 PM

Listing updated: 07/17/2024 at 9:48 AM

Listed by: Albin Hubscher, CENTRAL FLORIDA PRIME REAL ESTATE LLC Phone #: (407) 404-4041

MLS: StellarMLS #O6217242

StellarMLS logo

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