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$90,000

Beds
3
Baths
1.0
sq ft
864

821 Colyer St, Orlando, FL 32805

821 Colyer St

ORLANDO, FL 32805

  • 7 days on market
Investor Special: Complete Rehab Opportunity in Orlandos Parramore District - Where you'll see many new construction properties being built. This 3 bedroom, 1 bathroom single-family home offers 864 square feet of potential. This property requires a comprehensive renovation, including: New roof and roof trusses Replacement of windows and doors, Installation of new flooring throughout, Complete kitchen and bathroom remodels, New air conditioning systems, Given the extent of the required renovations, this home presents a prime opportunity for investors looking to undertake a full rehab project. This corner lot property is located close to the new UCF CAMPUS, Orlando City Soccer Stadium & the Magic Basketball Arena where billions of dollars in new constructin projects are underway. The home is conveniently located near local amenities, schools, and major roadways, offering easy access to the greater Orlando area. With the right vision and improvements, this property holds significant potential for value appreciation. Make it yours now!!!

Details

Property type

Single Family Residence

Est. home value

$164,164

Property condition

Fixer

Lot size

3,922 sq ft

Price per sq ft

$105

Year built

1946

Annual property taxes

$2,027

HOA

No

Price History

12/27/2024
StellarMLS

StellarMLS #O6267049

Listed
$90,000
+13.92%
06/21/2019
StellarMLS

StellarMLS #O5780701

Sold
$79,000
+5.33%
05/31/2006
StellarMLS

StellarMLS #O4654441

Sold
$75,000

Schools & Community

Neighborhood: 

Holden-Parramore

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

$33,391
Asking price
$90,000
Closing costs (~8% of asking)
-$7,200
Est. remaining loan balance
-$49,409
Cash to seller
$33,391

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

Seller’s Loan History

Lender

Nations Lending Corp

Loan start date

August 2019

Original loan amount

$55,300

Est. remaining balance

$49,409

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Wael Georgey

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?

Status: Active

Tomo last checked: 01/03/2025 at 2:45 AM

Listing updated: 12/30/2024 at 3:30 PM

Listed by: Wael Georgey, PROPERTIES IN TOWN Phone #: (321) 209-5191

MLS: StellarMLS #O6267049

StellarMLS logo

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