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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
202 days on Owners.com
919 Centerbrook Dr
BRANDON, FL 33511
4 Beds
3 Baths
2,710 ft2
$459,900
Owners.com Estimate:
Estimated Payment:$1,727/mo
HOA:$225, Annually

Come see this gorgeous and spacious 4-5 bedroom ranch on over a 1+ acre lot in the highly desired subdivision of Southoak

Large Master Suite w/ huge walk-in stained glass shower. and doubly vanity. Rear sliding glass doors lead to a huge covered paver patio and screened in huge pool with child's safety fence and pavers. Beautiful newer kitchen has Kitchen Aid appliances, double- oven and lots of new high end solid wood cabinetry and granite counters. which is open to dining room and great room. Bonus Room off great rear has a beautiful fireplace and french doors could be a 5th bedroom or a game room. House just recently had pool refinished, pavers sealed, exterior repainted, 2 Brand new energy efficient AC systems. This is alot of house with lots of land with lots of lush landscaping and no neighbors on top of you. A beautiful home surrounded by other homes in community with 1-2+ acre lots. Best A rated schools in town.
Close to all shopping and transportation.

Property type
Single Family Home
Structure
Single Story
Year built
1985
Parking
Covered, Driveway, Electric Vehicle Charging Station(s), Garage - Side Entry, Off Street, Parking Pad, Workshop in Garage
Price/Sqft
$170
MLS #
T3171536
Lot Size
44115 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: 4
Virtual Tour: virtual tour | Room Types: Attic, Bonus, Den, Family Room, Living Room, Great Room, Utility

Bathrooms

# of Full Bathrooms: 2
# of Half Bathrooms: 1

Interior

Features: Unfurnished, Built-in(s), Ceiling - Fan(s), Crown Moldings, Open Floor Plan, Counter(s) - Solid, Thermostat, Security System

Exterior

Features: Lighting, Rain Gutters, Storage, Patio - Covered, Patio - Enclosed, Patio, Rear Porch, Porch - Screened | Pool: true, Gunite, Heated, In Ground | Irrigation: Irrigation System

Building

Property Types: Single Family Home, Residential | Year Built: 1985 | Structure: Single Story | Architecture: Ranch | Construction: Block | Condition: Completed | Roof: Shingle or Shake | Siding: Brick, Vinyl | Foundation: Slab | Floors: Tile - Ceramic, Concrete, Laminate | Windows: Window Treatments, Furnished - Blinds, Furnished - Shades / Blinds

Garage & Parking

Parking: Covered, Driveway, Electric Vehicle Charging Station(s), Garage - Side Entry, Off Street, Parking Pad, Workshop in Garage | Garage: true | Attached Garage: true

Lot

Lot size: 1.01 acres | Lot size: 44115 sqft | Lot range: One + to Two Acres | Lot Features: In County, Level, Near Public Transit, Oversized Lot, Street Paved | Zoning: PD

Location

County: Hillsborough | Subdivision: 2QQ | BLOOMINGDALE SECTION F UNIT 2 | Directions: from Bloomingdales S on Bell SHOALS to South Oak Subdivision take R continue on Centerbrook Dr to 919 on R | MLS #: T3171536

Community

Condo Features: Pets - Allowed | Condo Maintenance: Cable | HOA Dues: $225/ Annually

Appliances

Appliances: Oven - Built-in, Oven - Convection, Cooktop, Dishwasher, Disposal, Water Heater - Electric, Ice Maker

Heating & Cooling

Air Conditioning: Central Air, Mini-Split Unit(s), Zoned | Heating: Central Heating, Heat Pump | Fireplaces: true, Decorative, Wood

Utilities & Security

Utilities: Cable - Interior Connections, Electricity, Telephone, Private | Safety and Security: Fire Alarm, Secured Garage / Parking, Security Lights, Security System Owned, Smoke Detector

Accessibility

Accessibility: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer, Central Living Area

School

Elementary School: Cimino-HB | Middle School: Burns-HB | High School: Bloomingdale-HB

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

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Local Insights

Listing provided by: Linda DeMartino 

Listing courtesy of: KINGS REALTY & PROPERTY MGMT. |  (813) 651-2340 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: September 05, 2019 12:35PM 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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