tomo logo

$379,500

Beds
3
Baths
2.0
sq ft
1,745

22 E Steele St, Orlando, FL 32804

22 E Steele St

ORLANDO, FL 32804

  • <1 day on market
COLLEGE PARK 3/2 PLUS OFFICE IN PRINCETON ELEMENTARY SCHOOL DISTRICT! Located in a section of CP that is experiencing an incredible amount of renovation and new construction activity, this mid century home presents a fantastic opportunity in one of Orlando's most dynamic neighborhoods. Home is priced at land value but there are several great options here! Lot can support a good size build with prices being well established by the numerous active and recently sold new construction homes in the immediate area. This home is also a solid mid-century house with vaulted ceilings, loads of additional rooms/space adaptable for multiple configurations and an open kitchen/family room/Dining room combo. House just needs a little work to make it the perfect College Park home....bring your inner designer! New roof will likely be needed and one electrical panel will need to be updated but other than that, this is a rare opportunity....one of the best to hit the market in some time in this area! Perfect for someone ready to create good instant equity by doing some work or even update and turn over as sales of updated renovated homes in the area are very high as are rental rates. Very close to Mathew's Park, Princeton Elementary, College Park Community Center and Pool! Minutes to DT Orlando, Winter Park, all shopping, Advent Health Village and all connectors!

Details

Property type

Single Family Residence

Est. home value

$498,049

Lot size

7,048 sq ft

Price per sq ft

$218

Year built

1956

Annual property taxes

$4,885

HOA

No

Price History

10/18/2024
StellarMLS

StellarMLS #O6249975

Listed
$379,500
+24.43%
06/29/2018
StellarMLS

StellarMLS #O5703773

Sold
$305,000

Schools & Community

Neighborhood: 

College Park

Elementary school: 

Princeton Elem

Middle school: 

College Park Middle

High school: 

Edgewater High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$106,437
Asking price
$379,500
Closing costs (~8% of asking)
-$30,360
Est. remaining loan balance
-$242,703
Cash to seller
$106,437

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

July 2020

Original loan amount

$266,362

Est. remaining balance

$242,703

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Katherine M Pearson and Kenneth M Menendez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/18/2024 at 10:30 AM

Listing updated: 10/18/2024 at 9:03 AM

Listed by: Robert Kurzreiter, KELLER WILLIAMS REALTY AT THE PARKS Phone #: (407) 629-4420

MLS: StellarMLS #O6249975

StellarMLS logo

Recently listed in ORLANDO

$479,000|4 bd|2.0 ba|House
$224,000|2 bd|1.0 ba|Manufactured
$404,900|3 bd|2.0 ba|House
$549,990|5 bd|3.0 ba|House
$340,000|3 bd|2.0 ba|House
$315,000|3 bd|2.0 ba|House
$379,500|3 bd|2.0 ba|House
$650,000|3 bd|2.5 ba|Townhouse
$340,000|3 bd|2.0 ba|House