417 Sun Ct, Orlando, FL 32805

0.56 acres
Sold: $14,995
Sold on 02/14/13
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Short Sale Vacant Land! Awesome Price on .56 ACRE LAKEFRONT Lot on Lake Sunset Zoned R-2A! Perfect for a Duplex, or Lot Could be Split After Sale into 2 Buildable Single-Family Home Lots! Land is Shaded by a Huge OAK Tree and on a Quiet, Private STREET END! HOLY COW! Property Will Require Flood Insurance Upon Building. No Utilities on Land Presently; Service Will Be Provided by Orlando Utilities for Water and Power (407-629-1010). Owner Will NOT do Owner Financing. . This is a Pre-Foreclosure SHORT SALE! Listing Price Is Not Sufficient to Pay the Total of all Liens and Costs of Sale, and Sale of Property at Full Listing Price Will Require Approval of Sellers Lender(s). This Short Sale is NOT Pre-Approved (Sellers Lender Requires a Valid Contract to Process Short Sale) Seller says Contract Must Give Seller at Least 120 Days to Get Short Sale Acceptance PLUS 30 Days to Close; this Is not a Negotiation Point; it is just how long it takes! There is a First Mortgage only. Schools: Orange Center Elementary, Lee Middle, Jones High School! Say YES! Question: What exactly is a SHORT SALE? Answer: A Short Sale is a Home where the Owner has an existing Mortgage that owes MORE than the current Asking Price of the Property. They are offering to you as the buyer at Reduced, very Cheap price, in exchange for you agreeing to buy the Property AS IS and for your Patience in the time it will take to close. Once you and the owner sign a Purchase Contract, the Acceptance of your Offer is then dependent upon the owners Lender agreeing to accept your Contract, paying off far LESS than what is owed; this Acceptance process will take approx. 4-8 WEEKS from the date of your Purchase contact, with closing taking place 30-45 days later, so CLOSING usually would take between 2 to 4 Months. Frequently but not always, the current Lender will need a buyer to pay MORE than asking price for the property, which still in the end will be much cheaper than most every other property. Since the Seller is receiving no money at closing, they will not be able to do any repairs to the property and you will buy it AS IS.  MoreLess
Facts
  • Lot width: 140
  • Last sold: Feb 2013 for $14,995
    Other
    • Parcel #: 282229920009011
    • Zillow Home ID: 99722715
    Home Values
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    $1,258/mo
    -$48 Last 30 daysd
    $881
    $1.8K
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    Neighborhood for 417 Sun Court

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    Zillow predicts 32805 home values will rise 8.5% next year, compared to a 8.5% rise for Orlando as a whole.

    Foreclosures will be a factor impacting home values in the next several years. In 32805, the number of foreclosures waiting to be sold is 45.4% lower than in Orlando, and 41% greater than the national average. This lower local number could help 32805 home values rise more quickly than other regions in Orlando.

    Learn more about forecast calculations or 32805 home values.
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      Contact a local agent

      What's this?
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      About these agents
      These listing agents specialize in this area and can get you a market value for this home and answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
      Close
      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

      Learn how to appear as the agent above

      Close
      Want to learn how to appear as the agent above? Contact us here or call us at (855) 840-3292

      Email successfully sent!Submission failed!

      Next: Find out what you can afford on Zillow Mortgage Marketplace.

      Get Pre-Approved

      Next: Get Pre-Approved

      A Zillow Confirmed Lender will call you.

      Contact me

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