tomo logo

$700,000

Beds
4
Baths
2.5
sq ft
2,344

500 S Osceola Ave, Orlando, FL 32801

500 S Osceola Ave

ORLANDO, FL 32801

  • 130 days on market
    • Price drop $25,000↓
Indulge in the epitome of Southern charm with this exquisite home in the highly coveted Lake Cherokee neighborhood, just moments away from the heart of downtown Orlando. Nestled on a picturesque corner lot, the enchanting exterior welcomes you with a large, charming front porch, perfect for sipping your morning coffee or enjoying a leisurely evening. As you step through the front door, a cozy fireplace graces the inviting living and dining room combo, adorned with French doors that bathe the space in natural light. The first floor unfolds with an open floor plan, seamlessly connecting the modern stainless steel kitchen appliances, upgraded closet doors, and contemporary paint colors. Designed for both comfort and style, this 4-bedroom, 2.5-bathroom residence offers a sanctuary for relaxation, complete with a soothing soaking tub in one of the bathrooms. The bedrooms themselves provide a retreat-like ambiance, ensuring ample space and privacy for the entire family. Entertain or unwind on the back deck overlooking the meticulously maintained yard, enhanced by a flourishing lemon tree. Storage options abound with a wood shed and attic, while the driveway accommodates up to 5 cars, ensuring convenience for both residents and guests alike. Key features include a dedicated laundry room, a roof that is approximately 3 years old, and newer vinyl siding that contributes to the home's overall appeal. Furthermore, the property holds the exciting potential to qualify for Historic status in 2025, adding a distinctive touch to its character. Experience the best of both worlds – the convenience of living near downtown Orlando and the tranquility of this charming home. With Lake Cherokee at the end of the street, this residence offers the perfect blend of city living and a serene, yard-filled oasis. Seize the opportunity to transform this house into your dream home!

Details

Property type

Single Family Residence

Est. home value

$638,081

Lot size

6,003 sq ft

Price per sq ft

$299

Year built

1925

Annual property taxes

$6,745.47

Price History

06/07/2024
StellarMLS

StellarMLS #O6175213

Price change
$700,000
-3.45%
03/20/2024
StellarMLS

StellarMLS #O6175213

Price change
$725,000
-3.2%
02/23/2024
StellarMLS

StellarMLS #O6175213

Listed
$749,000
+34.64%

Schools & Community

Neighborhood: 

Lake Cherokee

Elementary school: 

Blankner Elem

Middle school: 

Blankner School (K-8)

High school: 

Boone 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

$194,238
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$449,762
Cash to seller
$194,238

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

February 2022

Original loan amount

$472,855

Est. remaining balance

$449,762

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Leland Taylor and Alycia Taylor

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?

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Status: Active

Tomo last checked: 07/02/2024 at 6:50 PM

Listing updated: 07/01/2024 at 3:40 PM

Listed by: Patricia Sullivan, OLDE TOWN BROKERS INC Phone #: (407) 425-5069

MLS: StellarMLS #O6175213

StellarMLS logo

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