tomo logo

$547,500

Beds
3
Baths
1.0
sq ft
1,580

407 E Jersey St, Orlando, FL 32806

407 E Jersey St

ORLANDO, FL 32806

  • <1 day on market
Superb location! This beautiful charmer is tucked away off Delaney Avenue and walking distance to Wadeview Park. This property is very versatile, offering numerous options to the new owner. It has been professionally renovated presently as a 2 bedroom, 1 bath (can easily add a second bath), and a 1/1 apartment/in-law suite. One or both properties can be used as an Airbnb for short-term rentals or Furnish Finders for mid-term rentals. Both units are turnkey, as they are tastefully decorated and come fully furnished. City of Orlando will allow a 500 sf accessory dwelling unit (ADU) to be built. The property could easily be converted to a larger single family home. The 2/1 and 1/1 each have their own rear deck/patio overlooking spacious, yet private fenced yard. The 2/1 has a very open floor plan and could easily accomodate working from home. In addition to the Airbnb option, the 1/1 with private entry would be perfect for an elderly parent, college student, or medical employees, as ORMC is only one mile away. Location, location, location...and you couldn't ask for a better neighborhood. Walking distance to Wadeview Park, a wooded, pet-friendly park with many amenities including olympic-sized pool, BBQ grills, playground, picnic tables, pavilions, exercise station and walking trail...one of Orlando's most popular parks. All "A Rated" schools, in addition to Orlando Gifted Academy Magnet School. This neighborhood has a walkability score of 83, and while offering privacy, this property has the best of both worlds, as all the conveniences (eateries, Walgreens, Publix, Walmart) are a walk or short drive away. Downtown Orlando and Lake Eola are within 2 miles. While currently under construction, Delaney Street is being renovated with a new brick pavers. This area is surrounded by multi-million dollar homes, and million dollar townhomes. Considering the location, quality construction and renovation, tastefully decorated and fully furnished, established neighborhood, and versatile options, this property should be on the top of your list. Call today for appointment to view.

Details

Property type

Single Family Residence

Est. home value

$357,496

Lot size

8,597 sq ft

Price per sq ft

$347

Year built

1937

Annual property taxes

$5,613.74

HOA

No

Price History

03/22/2025
StellarMLS

StellarMLS #O6292049

Listed
$547,500
+61.7%
10/02/2023
StellarMLS

StellarMLS #O6106406

Sold
$338,600
+313.43%
04/29/2011
StellarMLS

StellarMLS #O4998575

Sold
$81,900
-66.64%

Schools & Community

Neighborhood: 

Wadeview Park

Elementary school: 

Blankner Elem

Middle school: 

Howard Middle

High school: 

Boone High

Community features: 

Park, Playground, Pool

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

$253,396
Asking price
$547,500
Closing costs (~8% of asking)
-$43,800
Est. remaining loan balance
-$250,304
Cash to seller
$253,396

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

Seller’s Loan History

Lender

Home1St Lending Llc

Loan start date

October 2023

Original loan amount

$253,950

Est. remaining balance

$250,304

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Brenda Centeno and Alvin Centeno

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: 03/23/2025 at 3:35 AM

Listing updated: 03/22/2025 at 1:19 PM

Listed by: Carmen Henderson, COLDWELL BANKER REALTY Phone #: (407) 333-8088

MLS: StellarMLS #O6292049

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