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$1,149,000

Beds
5
Baths
4.0
sq ft
3,509

7078 Spring Drop Ct, Orlando, FL 32836

7078 Spring Drop Ct

ORLANDO, FL 32836

  • 67 days on market
    • Price drop $46,000↓
FOR A LIMITED TIME ONLY - SELLER IS OFFERING A $20,000 CREDIT TO BUYER THAT CAN BE USED FOR A 2-1 INTEREST RATE BUY-DOWN!!! Wonderful 5 bedroom 4 bath house with 3 car garage in Dr. Phillips gated community! This 2019 built Pulte Siena model has been upgraded to provide a First Floor Guest Suite. The home also features a full Tesla Solar array and two Tesla Powerwalls that are PAID OFF! These panels completely power the property and the owner only pays the Duke Energy minimum charge. You will enjoy the screened in heated salt water 7' deep pool with a southern exposure and a view of the pond. Large covered patio with ceiling fan are shady around dinner time. The large gourmet kitchen features KitchenAid appliances, LG refrigerator, Natural Gas cooktop, wall oven and granite counters. This house also has a Tankless Hot Water Heater and Phillips Grove is gated and is a Natural Gas neighborhood!

Details

Property type

Single Family Residence

Est. home value

$1,133,272

Lot size

7,200 sq ft

Price per sq ft

$328

Year built

2019

Annual property taxes

$9,878.07

Monthly HOA fee

$314

Price History

06/03/2024
StellarMLS

StellarMLS #O6201536

Price change
$1,149,000
-3.85%
05/17/2024
StellarMLS

StellarMLS #O6201536

Price change
$1,195,000
-7.72%
05/02/2024
StellarMLS

StellarMLS #O6201536

Listed
$1,295,000
+107.25%

Schools & Community

Elementary school: 

Sand Lake Elem

Middle school: 

Southwest Middle

High school: 

Lake Buena Vista High School

Community features: 

Gated, Playground, Pool, Sidewalks

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

$672,965
Asking price
$1,149,000
Closing costs (~8% of asking)
-$91,920
Est. remaining loan balance
-$384,115
Cash to seller
$672,965

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

Seller’s Loan History

Lender

Pulte Mortgage Llc

Loan start date

August 2019

Original loan amount

$424,860

Est. remaining balance

$384,115

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Jennifer D Humphreys and Donald R Humphreys

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: 07/07/2024 at 8:10 PM

Listing updated: 06/27/2024 at 7:00 PM

Listed by: Thomas Moffett, BHHS FLORIDA REALTY Phone #: (407) 876-2090

MLS: StellarMLS #O6201536

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