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ALTISOURCE ANNOUNCES WIND DOWN AND CLOSURE OF OWNERS.COM TO INCREASE FOCUS ON CORE BUSINESSES

Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close Owners.com’s operations. The Company believes that closing Owners.com supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

"Owners.com has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing Owners.com is in Altisource’s best interests given the time horizon and level of additional investments needed in order for Owners.com to operate independently. I am proud of the very talented and dedicated Owners.com team and want to thank them for their contributions."
ACTIVE
199 days on Owners.com
1219 31st St W
BRADENTON, FL 34205
5 Beds
3 Baths
2,670 ft2
$388,000
Owners.com Estimate:
Estimated Payment:$1,457/mo

Multi-generational home

Three bedroom two bath on one side and a one bedroom one bath with two separate living room on other side, each with their own separate entrances. Both sides share the large kitchen with center island, dinning room and the 23x18 screened lanai overlooking the large backyard. The yard is ample enough for a family garden, has a well system and rain barrels for watering. This home is perfect for growing family and is within walking distance of Manatee High School. Located mere miles to Florida's best Gulf beaches, this home would make the perfect vacation or investment property. The electrical wiring and plumbing have been replaced, and the home has a metal roof. The yard is over a 1/4 of an acre, so no need to worry about being on top of your neighbors and plenty of room to bring all the toys. A circular drive adds to the curb appeal and there is an over-sized two car garage with plenty of storage space. The home boasts gorgeous wood flooring and huge walk in closets. The closet in the master bedroom is 21 x 10! The kitchen offers gas cooking-a rare West Bradenton find! Close to UTC Mall, SRQ Airport, Bradenton Riverwalk and Robinson's Preserve.

Property type
Single Family Home
Structure
Single Story
Year built
1952
Parking
Driveway - Circular
Price/Sqft
$145
MLS #
A4434621
Lot Size
15594 sqft
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My NotesiThis is a place for you to write your thoughts and notes about this home. Only you will be able to see the notes.

My Home Features

Rooms

Bedrooms: 5
Virtual Tour: virtual tour

Bathrooms

# of Full Bathrooms: 3
# of Half Bathrooms: 0

Interior

Features: Unfurnished, Ceiling - Fan(s)

Exterior

Features: Rain Barrel/Cistern(s), Rain Gutters, Sidewalks | Pool: false

Building

Property Types: Single Family Home, Residential | Year Built: 1952 | Structure: Single Story | Construction: Block | Roof: Metal | Siding: Stucco | Foundation: Slab | Floors: Wood

Garage & Parking

Parking: Driveway - Circular | Garage: true | Attached Garage: true

Lot

Lot size: 0.36 acres | Lot size: 15594 sqft | Lot range: 1/4 Acre to 21779 Sq. Ft. | Lot Features: Corner Lot | Zoning: R1C

Location

County: Manatee | Subdivision: BEARS SUB CTD | Directions: West on SR-64 W / Manatee Ave Turn left onto 30th St WTurn right onto 13th Ave W, and then immediately turn right onto 31st St WArrive at 1219 31st | MLS #: A4434621

Community

Condo Features: Pets - Allowed

Appliances

Appliances: Dishwasher, Disposal, Dryer, Water Heater - Gas, Washing Machine

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating | Fireplaces: false

Utilities & Security

Utilities: Cable - Interior Connections, Electricity, Gas Utlities (Natural) | Sewer Service: Connected

School

Elementary School: Robert H. Prine Elementary | Middle School: Electa Arcotte Lee Magnet | High School: Manatee High

Owners.com Estimated Value

We calculate the Owners.com Estimate by analyzing sales for nearby similar properties. We use the best data sources, including MLS and county records to generate insights into the property value. You can even create your own estimate by selecting comparable sold listings.

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Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Kathy Cahill 

Listing courtesy of: COLDWELL BANKER |  (941) 795-2211 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: July 26, 2019 12:50PM EST ~ Verified on November 15, 2019 05:42AM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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