tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
1,831

7640 Bay Port Rd Unit 48, Orlando, FL 32819

7640 Bay Port Rd Unit 48

ORLANDO, FL 32819

  • 58 days on market
    • Price drop $10,000↓
Welcome home to this beautiful two-story condo in the heart of Dr. Phillips! As you enter this gated community called Phillips Bay, you will be impressed with the architecture featuring mixed Stone fronts and winding roads. This charming 3 bed, 2 bath home offers a unique blend of privacy and natural beauty. The light natural colored floors make the home feel warm and cozy. The living room has french doors that lead out to the covered and screen private porch. The separate dining area provides the perfect space for entertaining and creating lasting memories with loved ones. The large kitchen, complete with stainless steel appliances, offers ample space for culinary creativity and storage. The spacious master bedroom boasts a large walk-in closet, dual sinks, a separate shower, and a bathtub, providing a peaceful retreat. The versatile third bedroom offers flexibility as a home office, catering to your lifestyle needs. Additionally, the home features a one-car garage with ample storage space, adding convenience to your everyday living. Take advantage of the community's amenities which include pool, gym, and clubhouse. In this desirable area you are just 1 mile from the famous Restaurant Row, Universal, and short drive to many other popular amenities in Dr Phillips. You'll have access the top-rated schools, entertainment venues, and major highways.

Details

Property type

Condominium

Est. home value

$429,849

Lot size

5,010 sq ft

Price per sq ft

$233

Year built

1999

Annual property taxes

$3,219

Monthly HOA fee

$483

Price History

09/21/2024
StellarMLS

StellarMLS #O6229098

Price change
$425,000
-2.3%
08/02/2024
StellarMLS

StellarMLS #O6229098

Listed
$435,000
+77.55%
10/15/2015
StellarMLS

StellarMLS #O5379176

Sold
$245,000

Schools & Community

Elementary school: 

Dr. Phillips Elem

Middle school: 

Southwest Middle

High school: 

Dr. Phillips High

Community features: 

Gated, Fitness Center, Pool

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

$250,982
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$140,018
Cash to seller
$250,982

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

June 2020

Original loan amount

$185,000

Est. remaining balance

$140,018

Interest rate

2.73%

Loan type

New Conventional, 15 year

Seller

Lauren Ashley Douglass

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: 09/29/2024 at 4:25 AM

Listing updated: 09/20/2024 at 8:32 PM

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

MLS: StellarMLS #O6229098

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