tomo logo

$188,900

Beds
2
Baths
1.5
sq ft
1,116

768 E Michigan St Unit 75, Orlando, FL 32806

768 E Michigan St Unit 75

ORLANDO, FL 32806

  • 148 days on market
    • Price drop $100↓
Discover the epitome of comfortable living in this charming 2-bedroom, 1.5-bathroom ground-floor home, nestled in the area of Orlando. Just a mere 10 minutes from I4, and 15 minutes from 408 this residence combines convenience with tranquility. Step inside to find a modern interior highlighted by granite countertops in both the kitchen and bathrooms, adding a touch of elegance and durability to your daily living. The home is further enhanced by wood-like porcelain tiles throughout, ensuring a stylish and low-maintenance living environment. But the allure of this home extends beyond its walls. As a resident, you will enjoy exclusive access to a serene lake complete with a private boat ramp—perfect for adventurers and nature lovers. The community doesn't stop there; it offers two large swimming pools for those hot Florida days, a clubhouse for your social gatherings, and a fitness center to keep you active and healthy. This ground-floor gem offers not just a home, but a lifestyle. Whether you're a water enthusiast, an active individual, or simply someone who appreciates the finer things in life, this property presents an opportunity to enjoy the best of Orlando living. Don't miss your chance to make it yours.

Details

Property type

Condominium

Est. home value

$191,740

Lot size

8,922 sq ft

Price per sq ft

$170

Year built

1967

Annual property taxes

$2,393

Monthly HOA fee

$711

Price History

06/03/2024
StellarMLS

StellarMLS #S5098690

Price change
$188,900
-0.05%
04/27/2024
StellarMLS

StellarMLS #S5098690

Price change
$189,000
-0.26%
03/26/2024
StellarMLS

StellarMLS #S5098690

Price change
$189,500
-0.21%

Schools & Community

Neighborhood: 

Pineloch

Elementary school: 

Blankner Elem

Middle school: 

Blankner School (K-8)

High school: 

Boone High

Community features: 

Fitness Center, 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

$46,869
Asking price
$188,900
Closing costs (~8% of asking)
-$15,112
Est. remaining loan balance
-$126,919
Cash to seller
$46,869

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2022

Original loan amount

$132,720

Est. remaining balance

$126,919

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Ledia Shams

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 7:30 PM

Listing updated: 06/03/2024 at 11:15 AM

Listed by: Jonathan Ruiz, MODERN WORLD REALTY LLC Phone #: (305) 988-9640

MLS: StellarMLS #S5098690

StellarMLS logo

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