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$540,000

Beds
7
Baths
3.0
sq ft
2,604

712 Grandview Ave, Altamonte Springs, FL 32701

712 Grandview Ave

ALTAMONTE SPRINGS, FL 32701

  • 88 days on market
    • Price drop $9,000↓
SELLER MOTIVATED! SELLER WILL ASSIST WITH CLOSING COSTS! Welcome to your expansive retreat nestled between Maitland and Altamonte Springs! This remarkable 7-bedroom, 3-bathroom home offers an exceptional opportunity for both investors and families seeking versatility and comfort. Set on a sprawling lot, this property boasts abundant space and privacy, with features sure to impress. Upon entering, you'll find a thoughtfully designed layout that seamlessly integrates the main residence with an attached mother-in-law suite, complete with its own private entrance. This arrangement provides flexibility for multi-generational living or rental income potential. Additionally, a detached dwelling on the property serves as the perfect space for an additional mother-in-law suite, enhancing the property's appeal and utility. For investors, the property presents an attractive opportunity with a tenant already in place on a month-to-month lease, offering immediate rental income. Whether you're looking to house hack by occupying one part of the home and renting out the rest, or seeking a residence for an extended family, this property accommodates various living arrangements with ease. Conveniently located between Maitland and Altamonte Springs, residents enjoy proximity to a wealth of amenities, including shopping, dining, recreational activities, and major transportation routes. Don't miss out on the chance to own this remarkable property that combines investment potential with spacious, flexible living options. Schedule a viewing today and envision the possibilities that await in this one-of-a-kind home!

Details

Property type

Single Family Residence

Est. home value

$451,408

Lot size

0.25 acres

Price per sq ft

$208

Year built

1957

Annual property taxes

$1,419

Price History

06/24/2024
StellarMLS

StellarMLS #O6193966

Price change
$540,000
-1.64%
04/06/2024
StellarMLS

StellarMLS #O6193966

Listed
$549,000
+16.31%
02/05/2024
StellarMLS

StellarMLS #O6166193

Sold
$472,000
-5.41%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$144,282
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$352,518
Cash to seller
$144,282

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

February 2024

Original loan amount

$354,000

Est. remaining balance

$352,518

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Cristobal Lemus

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: 07/02/2024 at 8:10 PM

Listing updated: 06/25/2024 at 1:44 PM

Listed by: Jasmin Cabral, LIFESTYLE INTERNATIONAL REALTY Phone #: (305) 809-8085

MLS: StellarMLS #O6193966

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