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$1,150,000

Beds
4
Baths
3.0
sq ft
2,786

708 Balmoral Rd, Winter Park, FL 32789

708 Balmoral Rd

WINTER PARK, FL 32789

  • 16 days on market
One or more photo(s) has been virtually staged. Welcome to 708 Balmoral Road, located in the desirable heart of Winter Park. This charming single-story home boasts 4 bedrooms, 3 baths, and a generous 2786 sq. ft. of living space on a sprawling, elevated 15,161 sq. ft. corner lot. The spacious and open floor plan features soaring beams in many rooms, adding to the home's character and warmth. The living and dining area is bright and welcoming with hardwood floors and three sets of windows, flowing seamlessly into the family room. The updated kitchen includes newer (2020) stainless steel appliances, granite countertops, and a cozy breakfast nook with a picturesque view of the pool and backyard. The family room, with its hardwood floors, floor-to-ceiling windows, soaring beams, and charming brick wood-burning fireplace, offers a perfect spot to relax and entertain. On the left side of the home, you'll find two spacious bedrooms and two full bathrooms, including the primary suite. The right side houses two additional bedrooms, one bathroom, a laundry area, and a stairwell leading to the oversized garage. The backyard is an entertainer's dream with a covered patio featuring a vaulted wood ceiling and Chicago brick flooring. The pool is a highlight during the summer months, offering a refreshing retreat. Additional updates include a new HVAC system (2024), updated plumbing, newer windows in most of the house, vinyl fencing, and a new roof scheduled for early 2025. This fantastic location provides easy access to shopping, dining, and the popular Park Avenue with its boutique shopping and great restaurants.

Details

Property type

Single Family Residence

Est. home value

$986,538

Lot size

0.35 acres

Price per sq ft

$413

Year built

1960

Annual property taxes

$5,853

HOA

No

Price History

12/06/2024
StellarMLS

StellarMLS #O6262593

Listed
$1,150,000
+139.58%
07/23/2008
StellarMLS

StellarMLS #O4837244

Sold
$480,000

Schools & Community

Elementary school: 

Brookshire Elem

Middle school: 

Glenridge 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

$846,083
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$211,917
Cash to seller
$846,083

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

Seller’s Loan History

Lender

Mainstreet Community Bank Of Florida

Loan start date

June 2020

Original loan amount

$285,000

Est. remaining balance

$211,917

Interest rate

2.86%

Loan type

New Conventional, 15 year

Seller

Lisa R Armour and Steven D Webb

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: 12/22/2024 at 12:35 AM

Listing updated: 12/13/2024 at 10:24 AM

Listed by: Wendy Williams Crumit, FANNIE HILLMAN & ASSOCIATES Phone #: (407) 644-1234

MLS: StellarMLS #O6262593

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