tomo logo

$290,000

Beds
2
Baths
2.0
sq ft
953

860 N Orange Ave Unit 426, Orlando, FL 32801

860 N Orange Ave Unit 426

ORLANDO, FL 32801

  • Pending
Broker is the owner of this condominium. The most common concers when buying a condo are addressed in this beautiful property. Yes, the community has full reserves and yes, this is a condo building that is financeable. Welcome to your urban oasis at Park North at Cheney Place, nestled in the vibrant heart of Downtown Orlando’s North Quarter. This stunning 2-bedroom, 2-bathroom corner unit on the 4th floor is a true gem, offering approximately 953 square feet of luxurious living space with an abundance of natural light and modern amenities. As you step inside, you are greeted by an open and inviting layout featuring wrap-around windows that fill the space with ample sunlight, creating a warm and welcoming atmosphere. The living room boasts a cozy fireplace, perfect for relaxing evenings. The unit is designed for comfort and style, featuring luxury laminate wood flooring and crown molding throughout the living and dining areas. The kitchen is a chef's dream, complete with granite countertops, stainless steel appliances, and ample cabinet storage. A convenient breakfast bar makes it ideal for casual dining or entertaining guests. The in-unit closet laundry room is equipped with upgraded washer and dryer. Both bedrooms are generously sized, each with walk-in closets providing plenty of storage space. The master suite includes an in-suite bathroom. Park North at Cheney Place is a pet-friendly community with resort-style amenities including two tropical swimming pools, a clubhouse with a billiard table, two fitness centers equipped with cardio and weight training rooms, and an on-site dog park. The building also features a business center, a community room, and a secure gated parking garage with a deeded parking space. Location is everything, and this condo delivers! Situated in the North Quarter District of Downtown Orlando, you are within a short distance to shops, restaurants, coffee shops, sports venues, cultural events, and entertainment options. Iconic destinations like Lake Eola Park, Amway Center, Dr. Phillips Performing Arts Center, and Exploria Stadium are just minutes away. The area offers excellent public transit options, and easy access to Interstate 4 and the 408 Expressway, making commuting a breeze. The building is also on the path of the Orlando Urban Trail, providing walking, bicycle or E-scooter commuting. This condo is perfect for those seeking a vibrant downtown lifestyle with the convenience of modern urban living. The low monthly condo fee includes water, sewer, trash, and pest control, providing excellent value. Don’t miss out on this opportunity to own a piece of downtown Orlando’s most sought-after location. Schedule your showing today and make this exquisite condo your new home!

Details

Property type

Condominium

Est. home value

$277,123

Lot size

2.01 acres

Price per sq ft

$305

Year built

2000

Annual property taxes

$3,544

Monthly HOA fee

$372

Price History

08/14/2024
StellarMLS

StellarMLS #O6226160

Pending
$290,000
07/24/2024
StellarMLS

StellarMLS #O6226160

Listed
$290,000
+93.46%
06/26/2015
StellarMLS

StellarMLS #O5360799

Sold
$149,900
+92.18%

Schools & Community

Neighborhood: 

Central Business District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Fitness Center, Pool

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

$203,668
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$63,132
Cash to seller
$203,668

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

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

June 2015

Original loan amount

$142,405

Est. remaining balance

$63,132

Interest rate

3.02%

Loan type

New Conventional, 15 year

Seller

Maria C Jaramillo and Francisco J Jaramillo

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 9:35 PM

Listing updated: 08/14/2024 at 1:08 PM

Listed by: Francisco Jaramillo, 407 COMMERCIAL REAL ESTATE Phone #: (407) 683-4444

MLS: StellarMLS #O6226160

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