tomo logo

$410,000

Beds
4
Baths
3.0
sq ft
1,636

8537 Bay Lilly Loop, Kissimmee, FL 34747

8537 Bay Lilly Loop

KISSIMMEE, FL 34747

  • 44 days on market
    • Price drop $10,000↓
Seize the opportunity to own a stunning property in the coveted Encantada community, celebrated for its prime location near Walt Disney World and the myriad attractions that make Orlando a premier vacation hotspot. Whether you’re in the market for a lucrative short-term rental investment or a charming second home, this exceptional end unit is the perfect choice. Boasting 4-bedrooms and 3-bathrooms, this home is bathed in natural light, thanks to the generous array of windows gracing both the side and back of the house. The kitchen is a true showstopper, recently remodeled to perfection. It features additional cabinetry, offering an abundance of storage space, and is elegantly appointed with white shaker cabinets, gleaming quartz countertops, new stainless steel appliances, a chic backsplash, and contemporary hardware. The open floor plan seamlessly integrates the living, dining, and kitchen areas, creating an ideal environment for entertaining. From the dining space, step out to your very own screened-in pool oasis, perfect for relaxation and outdoor enjoyment. Encantada’s resort-style amenities elevate your living experience, including a sparkling community pool, a newly renovated fitness center, a playground, a business center, a game room, and an updated clubhouse. Don’t miss your chance to own this extraordinary home in one of Orlando’s most desirable communities! All furnishings are included. Projected rental income ranges from $35,040 (low end) and $48,344 (high end).

Details

Property type

Townhouse

Est. home value

$395,191

Lot size

2,962 sq ft

Price per sq ft

$251

Year built

2006

Annual property taxes

$4,020.67

Monthly HOA fee

$532

Price History

06/21/2024
StellarMLS

StellarMLS #O6207722

Price change
$410,000
-2.38%
06/07/2024
StellarMLS

StellarMLS #O6207722

Price change
$420,000
-1.64%
05/23/2024
StellarMLS

StellarMLS #O6207722

Listed
$427,000
+103.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, 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

$218,633
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$158,567
Cash to seller
$218,633

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

May 2018

Original loan amount

$178,500

Est. remaining balance

$158,567

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Daniel M Mcnulty and Danette L Mcnulty

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: 07/06/2024 at 12:40 AM

Listing updated: 06/21/2024 at 11:12 AM

Listed by: Melissa Vance, MAINFRAME REAL ESTATE Phone #: (407) 513-4257

MLS: StellarMLS #O6207722

StellarMLS logo

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