tomo logo

$255,000

Beds
2
Baths
2.0
sq ft
1,003

8801 Latrec Ave Unit 8208, Orlando, FL 32819

8801 Latrec Ave Unit 8208

ORLANDO, FL 32819

  • 71 days on market
    • Price drop $5,000↓
SELLER MOTIVATED! Location, location, location! This charming 2-bedroom, 2-bathroom condo at Sand Lake Private Residences is located on the second floor in the heart of Dr. Phillips. It offers peaceful lake views from the living room, bedrooms, and the balcony in a quiet gated community, perfectly positioned near all the area's attractions. The unit has been meticulously maintained and updated with appliances including a washer and dryer in 2020. Enjoy top-rated schools, hospitals, shopping, and dining options, including Restaurant Row and the Arnold Palmer golf course. Plus, it's just minutes from Disney, Universal, and SeaWorld theme parks, as well as major highways for easy commuting. This condo has everything you desire, including access to a fitness center, two community pools, tennis and basketball courts, a clubhouse, a fishing pier, a playground, and more. Water is even included in the HOA fees. Don't miss out on this incredible opportunity—schedule your appointment today!

Details

Property type

Condominium

Est. home value

$247,622

Lot size

0.23 acres

Price per sq ft

$255

Year built

1994

Annual property taxes

$1,292.11

Monthly HOA fee

$455.08

Price History

08/23/2024
StellarMLS

StellarMLS #O6220644

Price change
$255,000
-1.92%
08/02/2024
StellarMLS

StellarMLS #O6220644

Price change
$260,000
-3.35%
07/11/2024
StellarMLS

StellarMLS #O6220644

Listed
$269,000
+81.76%

Schools & Community

Elementary school: 

Bay Meadows Elem

Middle school: 

Southwest Middle

High school: 

Lake Buena Vista High School

Community features: 

Gated, Fitness Center, Pool, Sidewalks, Tennis Court(s)

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

$107,869
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$126,731
Cash to seller
$107,869

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

July 2019

Original loan amount

$140,500

Est. remaining balance

$126,731

Interest rate

4.07%

Loan type

New Conventional, 30 year

Seller

Simon Obeid and Razan Matar

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: 09/20/2024 at 7:30 AM

Listing updated: 09/13/2024 at 10:50 AM

Listed by: Jennifer Cobb, ROBERT SLACK LLC Phone #: (352) 229-1187

MLS: StellarMLS #O6220644

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