tomo logo

$340,000

Beds
3
Baths
2.0
sq ft
1,189

311 E Wallace St, Orlando, FL 32809

311 E Wallace St

ORLANDO, FL 32809

  • 5 days on market
Come check out 311 East Wallace Street and all of its glorious potential! Nestled in a quiet, established neighborhood, this is a perfect starter home or investment opportunity for one to add to their portfolio. Located in the heart of the tri-cities (Edgewood, Pine Castle, Belle Isle) which encompass E Wallace street, HOA rules are nonexistent giving you the freedom to enjoy your OVERSIZED LOT and front porch. Say hello to endless parking on your fenced-in quarter acre lot, while leaving numerous options for the detached 2 car garage at your disposal. Substantial size gives the garage ADU POTENTIAL to convert into a livable structure that will generate income for years to come. Upon entering, you will find that the home has been meticulously kept, giving an inviting feeling of warmth and comfort. Recent updates include NEW AC 2024, NEW WASHER/DRYER 2024, granite kitchen countertops, and tile/laminate flooring that will melt away any fear of carpet that you or your pets may have garnered in the past. Move-in ready is an understatement to the feel of this home. Located just minutes from major roads and I-4, there's no need to look any further in your search. Don't miss your opportunity to own this charming and versatile residence!

Details

Property type

Single Family Residence

Est. home value

$310,073

Lot size

8,861 sq ft

Price per sq ft

$286

Year built

1948

Annual property taxes

$4,698.61

HOA

No

Price History

03/21/2025
StellarMLS

StellarMLS #O6292103

Listed
$340,000
+7.94%
10/06/2023
StellarMLS

StellarMLS #O6136316

Sold
$315,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$12,685
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$300,115
Cash to seller
$12,685

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

October 2023

Original loan amount

$304,486

Est. remaining balance

$300,115

Interest rate

7.09%

Loan type

FHA, 30 year

Seller

Priscilla Viera and Danny Joe Viera

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: 03/27/2025 at 2:10 AM

Listing updated: 03/22/2025 at 6:59 AM

Listed by: Mark Russell, COLDWELL BANKER REALTY Phone #: (407) 333-8088

MLS: StellarMLS #O6292103

StellarMLS logo

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