Tag: Distressed Properties

Data from Orlando Regional Realtor® Association’s May Market Report shows Orlando-area home values up 12.2% for April 2020

Orlando Regional Realtor Association® reports Central Florida median home value up 12.2% year-over-year in its May 2020 Market Report. Median value now at $263,750 with ADOM holding at only 47 days. Major decline of 28% in home sales as the impact of the Covid-19 pandemic is becoming apparent. The on-going decline in inventory slowed to 2.9% year-over-year with a current pace of only 2.4 months supply. Experts consider 6 months supply as a balanced market. Data is indicative a “Seller’s Market” with an extremely robust demand for housing with declining supply available for purchase. Only 105 distress sales closed across the Orlando Metropolitan Area during the entire month of April 2020, a market that has almost completely depleted. Distressed properties are only comprising less than 3% of all sales. As measured by the median home value, Central Florida is finally within $700 of peak of July 2007, where the median home value was reported as $264,436. It’s taken 9.5 years since the market bottom on January 2011 for the market to recover & attain peak level of the mid-2000’s real estate boom. The full report is available here: ORRA’s May 2020 Market Pulse Housing Report

Data from Orlando Regional Realtor® Association’s April Market Report shows Orlando-area home values up 7.9% for March 2020

Orlando Regional Realtor Association® reports Central Florida median home value up 7.9% year-over-year in its April 2020 Market Report. Median value now at $253,500 with ADOM holding at only 54 days. Inventory is down a substantial 9.6% year-over-year with a current pace of only 2.3 months supply! Experts consider 6 months supply as a balanced market. Year-over-year sales increased by 27.1% from March 2019. Pending sales down by 14.9% year-over-year. Data is indicative a “Seller’s Market” with an extremely robust demand for housing with declining supply available for purchase. Only 80 distress sales closed across the Orlando Metropolitan Area during the entire month of March 2020. Distressed properties are only comprising less than 3% of all sales. Sales numbers are strong & home values continuing to increase on a monthly basis. The initial impact of the Covid-19 crisis on Central Florida real estate will be available within the next 30 days. The full report is available here: April 2020 Market Pulse Report for data from March 2020

14615 Indian Ridge Trail, Clermont, FL 34711 — Listed For Sale

Amazing opportunity for this contemporary, spacious Clermont 3/2 single-family home featuring a number of renovations & upgrades. Interior features vaulted ceilings, ceiling fans, window treatments, laundry room, 2 car garage, tile in main living/wet areas & carpet in bedrooms & walk-in-closet. Kitchen includes stainless steel appliances, microwave hood, double sink, & plenty of cabinet space. Garden tub in master bath & dual sinks. There’s a convenient bonus room equipped with opaque french doors that could be used as an office, guest room, extra storage, library or myriad of other options. Superb entertaining space in the rear with fenced yard & covered patio. Utility Shed for storage. Greater Hills is located only 15 minutes from downtown Clermont. S Lake Trl/West Orange Trl only 1 block away. Other area attractions including Waterfront Park, Sanctuary Ridge Golf Club, Legions Way Ballfields, Johns Lake Boat Ramp, Orlando Health South Lake Facility, Florida Scenic Highway, Bella Collina, & so much more. Disney World & Universal Orlando within 30-45 min by car. Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approximate & should be independently verified. Proof of funds/pre-approval letter required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan program. HOA dues are subject to change & special assessments & must be verified by buyer. MLS information deemed reliable, but not guaranteed. Parties are advised to verify. The seller requires a 10 DOM holding period prior to entertaining any offers. Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries.

  • Single-Family Home
  • One floor
  • 1511 Sqft.
  • Built 1999
  • 3 Bedrooms/2 Bathrooms
  • 0.23 Acres Lot
  • Mandatory HOA with a required assessment of $442.85 per year.
  • Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
  • Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
  • Just Listed for only $212,800
  • MLS ID: o5854172
  • Bank-owned/REO Status & Subject to Special Bank Addendum
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • Video walk-through/Virtual Tour available
  • More information, about 30 photos & property details are available on JasonCraneOnline.com

Data from Orlando Regional Realtor® Association’s March Market Report indicates extremely strong real estate market ahead of Covid-19 outbreak

Orlando Regional Realtor Association® reports Central Florida median home value up 6.4% year-over-year in its March 2020 Market Report. Median value now at $250,000 with ADOM holding at only 58 days. Inventory is down a whopping 16.7% year-over-year with a current pace of only 2.7 months supply! Experts consider 6 months supply as a balanced market. Year-over-year sales increased by 4.4% & up 11% from last month (January 2020). Pending sales up by 10.9% year-over-year. Distressed properties are only comprising less than 4.4% of all sales. Data is indicative a “Seller’s Market” with an extremely robust demand for housing with dwindling supply available for purchase. Sales numbers are strong & home values continuing to increase on a monthly basis. The full report is available here: March 2020 Market Pulse Report for data from February 2020.

2032 Crosshair Circle, Orlando, FL 32837 — Listed For Sale

Amazing opportunity for this spacious Deerfield home near Hunter’s Creek! Home features soaring vaulted ceilings, upstairs loft, master suite on the first floor, formal living & dining, rear patio, fenced yard, 2 car garage & more! Neighborhood is ideally located within 20 minutes of Sea World & Aquatica, Gatorland, The Loop, Hunter’s Creek Golf Club, OIA & so much more! Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approximate & should be independently verified. Proof of funds/pre-approval letter required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan program. HOA dues are subject to change & special assessments & must be verified by buyer. MLS information deemed reliable, but not guaranteed. Parties are advised to verify. The seller requires a 10 DOM holding period prior to entertaining any offers. Seller will not entertain sight-unseen offers. Please factor repair estimates into the offer.* Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries.

  • Single-Family Home
  • Two Stories
  • 1864 Sqft.
  • Built 1990
  • 3 Bedrooms/2.5 Bathrooms
  • 0.12 Acres Lot
  • Features Vaulted Ceilings, Master Suite on 1st Floor, Upstairs Loft, Garden Bath, 2 Car Garage, Covered Patio & Fenced Yard
  • Mandatory HOA with a required assessment of $315 per year. Subject to change in 2020.
  • Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
  • Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
  • Just Listed for only $244,200
  • MLS ID: o5830049
  • Bank-owned/REO Status & Subject to Special Bank Addendum
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • Video walk-through/Virtual Tour available
  • More information, about 30 photos & property details are available on JasonCraneOnline.com

4422 Beagle St, Orlando, FL 32818 — Listed For Sale

Amazing opportunity for this one story suburban Country Run home! Features 2 car garage, vaulted ceilings, inside utility, split floor plan, in-ground pool, screened enclosure & so much more! Open layout with dining & living rooms, spacious master suite, garden bath, & double sinks. Country Run is located only minutes from West Oaks Mall, West Oaks Library, Prairie Lake Park, & W Colonial Dr thoroughfare with an abundance of dining options, banking, supermarkets, retail shops & big box stores. Centrally located with convenient access to 408 expressway, 429, Hwy 441 & Florida Turnpike. Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approximate & should be independently verified. POF/pre-approval letter required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan prog. HOA dues are subject to change & special assessments & must be verified by buyer. Info. deemed reliable, but not guaranteed. Parties are advised to verify. The seller may require a 10 DOM holding period prior to entertaining any offers. If applicable, please factor repair estimates into the offer price.* There’s a short video walk-through available.

  • Single-Family Home
  • One Story
  • 2067 Sqft.
  • Built 1998
  • 4 Bedrooms/2 Bathrooms
  • 0.20 Acres Lot
  • Features Vaulted Ceilings, Split Floor Plan, Garden Bath, Double Sinks, Inside Utility, In-ground Pool, & Screened Enclosure
  • Mandatory HOA with a required assessment of $202 per year. Subject to change in 2020.
  • Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
  • Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
  • Just Listed for only $196,600
  • MLS ID: o5818630
  • Bank-owned/REO Status & Subject to Special Bank Addendum
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • Video walk-through/Virtual Tour available
  • More information, about 30 photos & property details are available on JasonCraneOnline.com

1331 Weston Woods Blvd, Orlando, FL 32818 — Listed For Sale

Opportunity is knocking for this spacious suburban Orlando home! Foyer enters into great room with soaring vaulted ceilings, bonus room/office, & living room built-ins. One story home with split floor plan, inside utility room, & ceiling fans. Kitchen has some appliances included & granite counter tops. Exterior features mature landscaping, wooden fenced yard, screened/covered patio & 2 car garage. Blossoming lime tree in the rear. Homes in the area display high pride of ownership. Neighborhood is located just minutes from W Colonial Dr, West Oaks Mall, Barnett Park, movie theater, big box stores & plenty of dining options. Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approximate & should be independently verified. POF/pre-approval letter required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan prog. HOA dues are subject to change & special assessments & must be verified by buyer. Info. deemed reliable, but not guaranteed. Parties are advised to verify. The seller may require a 10 DOM holding period prior to entertaining any offers. If applicable, please factor repair estimates into the offer price.* There’s a short video walk-through available.

  • 3 Bedrooms/2 Bathrooms
  • 1875 sqft.
  • Built 1992
  • 0.24 Acres lot
  • Features Split Floor Plan, Vaulted Ceilings, selected Kitchen Appliances, Ceiling Fans, Central A/C, Screened/Covered Patio & 2 Car Garage
  • No active HOA since 2003
  • Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
  • Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
  • Just Listed for only $229,000
  • MLS ID: o5817819
  • Bank-owned/REO Status & Subject to Special Bank Addendum
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • Video walk-through/Virtual Tour available
  • More information, about 30 photos & property details are available on JasonCraneOnline.com

10561 Down Lakeview Cir, Windermere, FL 34786 — Just Listed For Sale

RARE opportunity for 2+ acres of lake-front fixer-upper home on Lake Down w/ unobstructed lake frontage & spectacular views! Home features over 6000 sqft. of living space incl. an exercise studio, movie theater, library, upstairs porch & in-ground pool! Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approx. & should be independently verified. POF/pre-approval letter required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan prog. HOA dues are subject to change & special assessments & must be verified by buyer. MLS info. deemed reliable, but not guaranteed. Parties are advised to verify. The seller requires a 10 DOM holding period prior to entertaining any offers. *Per our seller, please ensure all potential buyers view the interior of the property prior to submitting offers. Agents must always accompany buyers during showings. Please factor repair estimates into the offer.* Employees or directors of JPMorgan Chase & Co. and its direct & indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries. House has expired permits & seller is advising our office to disclose to interested parties. See MLS attachments. Our office has posted aerial photos & a very thorough walk-through video/virtual tour to MLS.

  • Mandatory HOA with assessments required $850/Year
  • Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
  • Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
  • Just Listed for only $1,377,500
  • MLS ID: o5804744
  • Bank-owned/REO Status & Subject to Special Bank Addendum
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • Video walk-through/Virtual Tour available
  • More information, about 45 photos & property details are available on JasonCraneOnline.com

13615 Sunshowers Cir, Orlando, FL 32828 — Listed For Sale

Very spacious & contemporary Waterford Lakes home with in-ground pool, screened enclosure, fenced yard & more! Interior features window treatments, kitchen appliances, ceiling fans & utility room. Open layout with master suite on the first floor. Property is located only minutes from Waterford Lakes Town Center, University of Central Florida, Valencia CC East, Eastwood Golf Club, 3 recreational parks & much more! Only 20 min. to downtown Orlando along SR-408. Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approximate & should be independently verified. Proof of funds/pre-approval letter required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan program. HOA dues are subject to change & special assessments & must be verified by buyer. MLS information deemed reliable, but not guaranteed. Parties are advised to verify. The seller requires a 10 DOM holding period prior to entertaining any offers. *Per our seller, please ensure all potential buyers view the interior of the property prior to submitting offers. Agents must always accompany buyers during showings. Seller will not entertain sight-unseen offers. Please factor repair estimates into the offer.* Aerial photography & a 4-min. video walk-through/virtual tour are available upon request. Waterford Lakes is one of the premiere locations in Orlando, so don’t miss this opportunity!

  • Single Family Home
  • 4 Bedrooms/2 Bathroom
  • 2,198 sqft.
  • 3 Car Garage
  • Built 1998
  • Features Upstairs Loft, Inside Utility, Kitchen Appliances, Ceiling Fans, & Window Treatments
  • In-ground Pool, Fenced Yard, & Screened Pool Enclosure
  • 1/8 Acres Lot
  • Carpet & Ceramic Tile Flooring
  • Mandatory HOA with periodic assessments required $163/Quarter
  • Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
  • Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
  • Just Listed for only $312,000
  • MLS ID: o5796586
  • Bank-owned/REO Status & Subject to Special Bank Addendum
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • Video walk-through/Virtual Tour available
  • More information, about 30 photos & property details are available on www.JasonCraneOnline.com

3725 Conroy Road, Unit 2114, Orlando, FL 32839 — Listed For Sale

Well maintained 1st floor condo at the stunning Mosaic at Millenia community. Interior features kitchen appliances, utility room, double sinks, walk-in-closets, carpet & tile flooring, split floor plan & plenty of natural lighting. Condo shows well! Mosaic is a gated community with pool, clubhouse, fitness center & security personnel. Unbeatable location w/in walking distance to Mall at Millenia! Only 15 min. from Universal Orlando. Quick access to I-4 ramps, International Drive attractions & downtown Orlando. Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approx. & should be independently verified. POF/pre-approval required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan prog. HOA dues are subject to change & special assessments & must be verified by buyer. MLS info. deemed reliable, but not guaranteed. Parties are advised to verify. The seller requires a 10 DOM holding period prior to entertaining any offers. Per our seller, please ensure all potential buyers view the interior of the property prior to submitting offers. Seller will not entertain sight-unseen offers. Please factor repair estimates into the offer. Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct & indirect subsidiaries. There’s a Virtual Tour available upon request.

  • 2 Bedrooms/2 Bathrooms
  • 1036 Square Feet
  • Built 2003
  • Mandatory HOA with monthly assessments of $305/mo.
  • Gated community with community amenities including Community Pool, Clubhouse, Fitness Center & Security Staff
  • Features Kitchen Appliances, Walk-in Closets, Inside Utility, Double Sinks, Bathroom upgrades, Split Floor Plan & More!
  • Carpet & Ceramic Tile Flooring
  • Zero Lot Line
  • Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
  • Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
  • Just Listed for only $114,000
  • MLS ID: o5794684
  • Bank-owned/REO Status & Subject to Special Bank Addendum
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • Video walk-through/Virtual Tour available
  • More information, about 40 photos & property details are available on www.JasonCraneOnline.com