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$355,000

Beds
3
Baths
1.0
sq ft
1,286

918 Shoreview Dr, Orlando, FL 32807

918 Shoreview Dr

ORLANDO, FL 32807

  • 70 days on market
Welcome to Lake Barton Park, where location meets lifestyle without the constraints of an HOA! This charming three-bedroom, one-bath home spans 1,286 square feet and sits on an expansive .34-acre lot zoned R-2. In a vibrant and desired neighborhood, this area boasts a diverse mix of luxury listings, cozy bungalows and convenient townhomes, all within proximity or a short drive to numerous businesses and recreational facilities. Ideal for investors seeking to expand their rental portfolio, renovators eager to customize or first-time homebuyers envisioning their dream home, the potential here is boundless. The interior features easy-to-maintain vinyl and tile flooring throughout, a spacious combined living and dining area anchored by a charming brick wood-burning fireplace, a kitchen complete with a pantry and an interior laundry room with backyard access. Leased until 02/28/2025, this property generates $2,050 per month in rental income. Enjoy proximity to many amenities including the scenic Cady Way trail, Fashion Square Mall, Baldwin Park Village, downtown Orlando, Audubon Park/Corrine Drive, and Winter Park. Top-rated school district, adding to the appeal of this remarkable opportunity. Don't let this chance slip by so schedule your showing today and discover the endless possibilities the Lake Barton Park community has to offer.

Details

Property type

Single Family Residence

Est. home value

$325,029

Lot size

0.34 acres

Price per sq ft

$277

Year built

1925

Annual property taxes

$3,963

HOA

No

Price History

07/11/2024
StellarMLS

StellarMLS #O6222082

Listed
$355,000
+51.12%
07/21/2021
StellarMLS

StellarMLS #O5951285

Sold
$234,910

Schools & Community

Elementary school: 

Baldwin Park Elementary

Middle school: 

Glenridge Middle

High school: 

Winter Park 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

$151,177
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$175,423
Cash to seller
$151,177

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

Seller’s Loan History

Lender

Bell Bank

Loan start date

July 2021

Original loan amount

$187,928

Est. remaining balance

$175,423

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Hugo Romulo Basterrechea

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: 09/19/2024 at 5:05 AM

Listing updated: 09/13/2024 at 3:55 PM

Listed by: JJ Mackle, PREMIER SOTHEBY'S INTL. REALTY Phone #: (407) 644-3295

MLS: StellarMLS #O6222082

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