tomo logo

$599,000

Beds
5
Baths
3.5
sq ft
2,618

7955 Magnolia Bend Ct, Kissimmee, FL 34747

7955 Magnolia Bend Ct

KISSIMMEE, FL 34747

  • 18 days on market
    • Price drop $11,000↓
Superb vacation rental investment opportunity in the perfect location close to Disney and the attractions. This home is sold FULLY FURNISHED and ready to start making rental income! ROOF was replaced in 2019 and is in great condition, A/C NEW in 2021 as well as new Hot water heater as of 2023. The home is situated on a great lot, in a partial cul de sac and in a great neighborhood. As you enter the home, you can immediately see the high volume ceilings giving the home a lovely bright spacious feel. The first bedroom/study is off to the right through double doors. Walk on through the formal living area and on to the formal dining area. Then on to the den and kitchen with another dining area, all with views of your fenced in back yard and private screened-in pool through the sliding glass doors. Kitchen has been tastefully updated with GRANITE countertops, custom back splash and STAINLESS STEEL appliances. All of the bathrooms have also been tastefully updated! Also downstairs, is a master bedroom with its own on-suite bathroom and walk-in closets. Furthermore, you will also find a community half bath and laundry room including washer and dryer on the main level. Make your way upstairs to a sitting area and desk should you decide to get some work done on vacation. Choose from three more good size bedrooms, with a Jack-and-Jill bathroom and another single bathroom. Lots of beautiful upgrades everywhere. The location is Prime! You have Margaritaville, gift shops, restaurants galore, major stores all along the 192, Disney and everything else you need for a perfect vacation home. Start making income or move right into this beauty! Book your private showing today!

Details

Property type

Single Family Residence

Est. home value

$544,066

Lot size

7,841 sq ft

Price per sq ft

$229

Year built

1999

Annual property taxes

$6,113

Monthly HOA fee

$45.83

Price History

07/02/2024
StellarMLS

StellarMLS #V4936897

Price change
$599,000
-1.8%
06/18/2024
StellarMLS

StellarMLS #V4936897

Listed
$610,000
+11.11%
10/23/2023
StellarMLS

StellarMLS #O6132529

Sold
$549,000
+178.68%

Schools & Community

Elementary school: 

Westside K-8

Middle school: 

West Side

High school: 

Celebration 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

$141,991
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$409,089
Cash to seller
$141,991

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

Seller’s Loan History

Lender

Optimum First Inc

Loan start date

October 2023

Original loan amount

$411,750

Est. remaining balance

$409,089

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Khushan Adatiya and Twinkle Hemant Kariya

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: 07/05/2024 at 11:05 PM

Listing updated: 07/01/2024 at 10:03 PM

Listed by: Jesse McNinch, LPT REALTY LLC Phone #: (877) 366-2213

MLS: StellarMLS #V4936897

StellarMLS logo

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