$373,645 EMV

4 Beds   2 Baths   1,879 Sq. Ft.   Single-Family
Get the Preforeclosure Address

Lily Pad Ln
Kissimmee, FL 34743

Overview

This Single-Family Preforeclosure is located at Lily Pad Ln, Kissimmee, FL 34743. It has 4 Beds 2 Baths , 1,879 sqft of living space. This property is currently in auction with an estimated market value of $373,645.
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Status: Active
Listing ID: 63790788
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Learn about Lily Pad Ln in Kissimmee, FL

This single-family property is available as a preforeclosure at Lily Pad Ln. This property features 4 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,879 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Kissimmee, specifically for Lily Pad Ln and comparable listings. Based on this expert analysis, the estimated market value is $373,645. If purchased for rental purposes, the monthly rental rate could range between $1,430 and $1,930, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Lily Pad Ln are updated daily along with others in Kissimmee, Florida, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for Lily Pad Ln below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Lily Pad Ln in Kissimmee Florida Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Lily Pad Ln
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This Property Has An Auction

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Address: Lily Pad Ln Kissimmee FL 34743

Auction Time Left

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The countdown is usually accurate but not exact. To be safe, place bids 2 hours before the bidding ends.

What is the city of Kissimmee, FL like?

Kissimmee, Florida, is a vibrant city known for its family-friendly atmosphere and close proximity to major attractions like Walt Disney World and Universal Studios. The city offers a rich blend of cultural experiences, entertainment options, dining venues, and shopping areas that cater to residents and tourists alike.

The area features beautiful parks and lakes, providing ample opportunity for outdoor activities such as hiking, fishing, and boating. Kissimmee's warm climate allows for year-round enjoyment of its lush landscapes and recreational areas, including nature trails and picnic spots.

Kissimmee boasts excellent educational institutions and community services, ensuring families have access to quality schooling and resources. The transportation network, including highways and public transit, facilitates easy commuting to nearby cities, making it convenient for residents to travel.

Nearby Schools

There are 5 schools in the area. Nearby schools include Kissimmee Elementary School and Denn John Middle School.

Kissimmee Elementary School
Denn John Middle School
Osceola High School
Celebration High School
St. Cloud High School

Nearby Attractions

There are plenty of activities near this property like Kissimmee Community Center, Osceola County Library System, and more.

Kissimmee Community Center
Osceola County Library System
AdventHealth Kissimmee
Kissimmee Civic Center
Osceola County Courthouse

What kind of public transportation is there?


Public transportation options include: Lynx public bus service providing routes throughout Kissimmee and surrounding areas, SunRail commuter train service to Orlando and neighboring cities, Rideshare services like Uber and Lyft are widely available. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Lakefront Park, Kissimmee Park and more.

Lakefront Park
Kissimmee Park
Shingle Creek Regional Park
Tohopekaliga Lake
Kissimmee State Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

Xfinity
Spectrum
AT&T
CenturyLink
Rental Chart
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for Lily Pad Ln in Kissimmee Florida
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Property Information

Public Records

Community & Neighborhood

This property in Kissimmee, FL is located in the Shannon Lakes Ph 03 Subdivision.


Preforeclosure

The property located at Lily Pad Ln in Kissimmee, FL is listed as a Preforeclosure

This listing located at Lily Pad Ln in Kissimmee, FL could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Kissimmee, Florida is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Kissimmee, FL, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Kissimmee, Florida doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

Loan Information

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Lily Pad Ln located in Kissimmee, FL is $1,680/month. Comparable homes around Lily Pad Ln that are rentals have monthly ranges starting as low as $1,430 per month and as high as $1,930 per month. An owner looking to use this property as an investment could bring a return in the area of $1,430 - $1,930 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
11/22/24 01/07/25 Preforeclosure REGIONS BANK
11/18/24 11/27/24 Preforeclosure
10/24/24   Preforeclosure Regions Bank
10/24/24 12/10/24 Preforeclosure Regions Bank
09/12/08 02/20/09 Foreclosure

Similar Homes Nearby Kissimmee, FL


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Lily Pad Ln
Kissimmee, FL 34743

4 Beds   2 Baths   1,879 sq. ft.   Single-Family

$373,645 EMV

Status: Active Listing ID: 63790788

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Lily-Pad-Ln-Kissimmee-FL-34743/63790788_lid

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