1 / 1
Sold in 3 Days
516 Balsawood Ct, Altamonte Springs, FL, 32714
Closed On : Tue Jun 04 2024
$515,000
$25K Above Asking
List Price : $489,974
4 Bedrooms
2 Full Baths
1,849 SqFt
House
Schools Nearby
Location
Comparable Homes
Price Details
Housing Market Comparison
See how this home compares to others in Altamonte Springs, FL.
Med. Sold Price
$275.4K
Med. Price/SqFt
$214
Avg. Days On Market
42
# of Sold Homes
62
516 Balsawood Ct vs Altamonte Springs
24 DAYS ON ROCKET
-18 Days
$515,000
+$239.5K More
KEY TAKEAWAY
This property is $239.5K more than the Median Sold Price in Altamonte Springs, FL.
Based on homes sold in the last 12 months
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 6/10/2024, 4:20:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
| YEAR | PROP. TAX | ASSESSMENT |
|---|---|---|
| 2020 | $1,118 | $131,479 |
| 2018 | $1,076 | $126,127 |
| 2017 | $1,058 | $123,533 |
History based on county public records data.
Payment Calculator
$2,515
Per Month
Principal & Interest
$2,446
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$2
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,535
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Forest City Elementary School
1010 Sand Lake Rd
Distance between this listing and this school1.02 miles
Public District Grades PK-5
Middle School
7
/10
Rock Lake Middle School
250 Slade Dr
Distance between this listing and this school3.36 miles
Public District Grades 6-8
High School
5
/10
Lake Brantley High School
991 Sand Lake Rd
Distance between this listing and this school1.11 miles
Public District Grades 9-12
6
/10
Seminole County Virtual Franchise (Scvs)
400 E Lake Mary Blvd
Distance between this listing and this school9.74 miles
Public District Grades 5-12
Neighborhood
What Are The Neighbors Like?
How much money do the neighbors make?
11%
<35k
64%
35k-100k
22%
100k-200k
3%
200k+
What level of education do the neighbors have?
- Post Secondary
- 60%
- High School
- 32%
- Masters
- 9%
What types of families live nearby?
37%
Single, No Kids
11%
Single, with Kids
29%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
- Home Owners
- 76%
- Renters
- 24%
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
- Hiking/backpacking
- College Basketball
- Soccer
Hiking/backpacking
College Basketball
SoccerWhere do the neighbors shop?
- Nordstrom Rack
- Dillards
- Burlington
Nordstrom Rack
Dillards
BurlingtonWhere do the neighbors go to eat?
- Chipotle
- Logan's Roadhouse
- Wingstop
Chipotle
Logan's Roadhouse
WingstopWhat do the neighbors drive?
- Mazda
- Hyundai
- Nissan
Mazda
Hyundai
NissanWhat do the neighbors listen to?
- Rock
- Christian Adult Contemporary
- Rhythmic Contemporary Hits
Rock
Christian Adult Contemporary
Rhythmic Contemporary HitsThe neighbors living near this home have an average income of $76,423. Residents of Altamonte Springs, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Interested in homes like this? Let's connect.
Contact Us
(855) 200-2001Let Us Contact You
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
Rocket Homes›Florida›Seminole County›Altamonte Springs›32714›516 Balsawood Ct
In May 2024, from all listings sold in Altamonte Springs, FL there were more than 13 sold above asking price, over 33 sold below and more than 16 were sold right at the asked price. The inventory of homes for sale in Altamonte Springs, FL between April 2024 and May 2024 increased by 15.2%. The median list price of listings available in May 2024 was $275,416, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.