tomo logo

$775,000

Beds
5
Baths
4.0
sq ft
2,795

8524 Compass Point Ave, Orlando, FL 32832

8524 Compass Point Ave

ORLANDO, FL 32832

  • 28 days on market
    • Price drop $24,000↓
Stunning 5 bed 4 bath home with spectacular *water view* located in the heart of Lake Nona Medical City! Only 2 years old, this home is like new and offers many premium finishes - Quartz kitchen countertops, stainless steel appliances, luxury vinyls in common areas, upgraded study room, bonus upstairs bedroom with walk in closet & full bath, washer and dryer, and an enclosed Florida sunroom. Enjoy the executive kitchen with walk in pantry, spacious open living space with much sunlight, and the serenity of the beautiful water view in back porch. Meridian Parks is one of most sought after neighborhoods, the community offers FREE 1 GB high speed internet, community pool, fitness center, and playgound. Located right in the heart of Lake Nona Medical City, next to highway 417 and 528, and just a few miles from Disney, Orlando International Airport, UCF, and beautiful Florida beaches. Please call for a private showing today!

Details

Property type

Single Family Residence

Est. home value

$682,907

Lot size

5,500 sq ft

Price per sq ft

$278

Year built

2022

Annual property taxes

$12,813.82

Monthly HOA fee

$131

Price History

06/26/2024
StellarMLS

StellarMLS #O6212505

Price change
$775,000
-3%
06/19/2024
StellarMLS

StellarMLS #O6212505

Price change
$799,000
-3.15%
06/07/2024
StellarMLS

StellarMLS #O6212505

Listed
$825,000
+23.02%

Schools & Community

Elementary school: 

Sun Blaze Elementary

Middle school: 

Innovation Middle School

High school: 

Lake Nona 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

$255,430
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$457,570
Cash to seller
$255,430

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2022

Original loan amount

$469,413

Est. remaining balance

$457,570

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Li Chun Chao Chen

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 12:10 AM

Listing updated: 06/26/2024 at 2:39 PM

Listed by: Priscilla Chan, PA, FLORIDA REALTY INVESTMENTS Phone #: (407) 207-2220

MLS: StellarMLS #O6212505

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