tomo logo

$375,000

Beds
4
Baths
3.0
sq ft
1,902

8969 California Palm Rd, Kissimmee, FL 34747

8969 California Palm Rd

KISSIMMEE, FL 34747

  • 105 days on market
    • Price drop $10,000↓
PRICE REDUCTION AND $5K SELLER CONCESSION! Attention Investors! This beautiful 4-bedroom townhome is a highly successful vacation rental and is being sold completely turnkey! With a NEW INTERIOR REPAINT in all common areas and BRAND NEW CARPETING in all bedrooms, completed in June 2024, the property is completely ready to go either for your new primary residence or to operate as an income-producing investment property. Also, to make it smooth and easy to run as a rental, Internet & Cable TV (Spectrum) and trash-valet service are included within your HOA fee. Upon entering you will find a spacious entryway looking down through the dining area to the beautiful private courtyard and pool beyond. The main living space is located at the rear of the home with convenient access to the kitchen and breakfast bar and full dining area. On the first floor you will find one bedroom and a full bathroom with shower. Ascending the staircase, you will find the bright and airy Master bedroom on your right. This leads through to the Master en-suite with dual vanity, independent toilet space and a shower/tub combo. The further two bedrooms are separated by a hallway and share a full bathroom with dual vanity and shower. These bedrooms are a fantastic feature for attracting rentals as they are each themed with feature walls and matching décor. The perfect place to enjoy a sunny Florida evening will be in your private outdoor area featuring a covered eating space and heated splash pool (with accessible hand rail)! The property is located on the highly sought-after Paradise Palms Resort, a favorite return destination for vacation guests due to its ideal location and first-class amenities! With an amazing Resort pool, on-site Tiki Bar/Restaurant, store serving Starbucks coffee and pastries, fitness center, games arcade and movie theatre this community has it all! Your HOA fee also includes high speed internet, cable TV, trash valet service and a 24hr gated and guarded entrance!

Details

Property type

Townhouse

Est. home value

$410,886

Lot size

2,178 sq ft

Price per sq ft

$198

Year built

2011

Annual property taxes

$4,791.27

Monthly HOA fee

$737.87

Price History

10/22/2024
StellarMLS

StellarMLS #S5109903

Price change
$375,000
-2.6%
08/09/2024
StellarMLS

StellarMLS #S5109903

Listed
$385,000
+67.39%
10/01/2020
StellarMLS

StellarMLS #O5871870

Sold
$230,000
+16.16%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Celebration High

Community features: 

Gated, Clubhouse, Fitness Center, Playground, Pool, Restaurant, 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

$177,537
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$167,463
Cash to seller
$177,537

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

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

October 2020

Original loan amount

$184,000

Est. remaining balance

$167,463

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

David Geinitz and Jennifer L Geinitz

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: 11/22/2024 at 7:55 AM

Listing updated: 10/22/2024 at 1:33 PM

Listed by: Charlotte Wallace, HOUSE PROUD REALTY Phone #: (407) 497-4835

MLS: StellarMLS #S5109903

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