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$279,000

Beds
5
Baths
2.5
sq ft
1,848

837 Park Manor Dr, Orlando, FL 32825

837 Park Manor Dr

ORLANDO, FL 32825

  • 235 days on market
    • Price drop $51,000↓
Short Sale. Back on the market -BANK REJECTED THE BUYERS OFFER **** Short Sale**** ***** Subject to third party approval******* ***** Cash Offers Only ***** ***** No Site Unseen Offers****** *** NO CREATIVE FINANCING OFFERS ***The property has a $45,000 solar loan balance The buyer is required to either pay the balance at closing or assume the loan with a personal guarantee*** ****** THIS HOME WILL NOT QUALIFY FOR TRADITIONAL FINANCING.***** **** ALL PARTIES MUST SIGN A "HOLD HARMLESS DOCUMENT" BEFORE THE SHOWING IS CONFIRMED*** **** Do Not Request a showing appointment until the Hold Harmless has been completed*******

Details

Property type

Single Family Residence

Est. home value

$417,335

Property condition

Fixer

Lot size

9,840 sq ft

Price per sq ft

$151

Year built

1970

Annual property taxes

$5,124

HOA

No

Price History

12/14/2024
StellarMLS

StellarMLS #O6200884

Listed
$279,000
10/17/2024
StellarMLS

StellarMLS #O6200884

Pending
$279,000
10/02/2024
StellarMLS

StellarMLS #O6200884

Price change
$279,000
-15.45%

Schools & Community

Neighborhood: 

Union Park

Elementary school: 

Lawton Chiles Elem

Middle school: 

Union Park Middle

High school: 

University 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

-$38,368
Asking price
$279,000
Closing costs (~8% of asking)
-$22,320
Est. remaining loan balance
-$295,048
Cash to seller
-$38,368

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

April 2022

Original loan amount

$310,400

Est. remaining balance

$295,048

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Maximus Samuel Engel Epstein

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: 12/22/2024 at 9:35 PM

Listing updated: 12/14/2024 at 5:38 PM

Listed by: Michael Bellamy, REDFIN CORPORATION Phone #: (407) 708-9747

MLS: StellarMLS #O6200884

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