tomo logo

$725,000

Beds
4
Baths
3.5
sq ft
1,968

520 E Anderson St, Orlando, FL 32801

520 E Anderson St

ORLANDO, FL 32801

  • 10 days on market
One or more photo(s) has been virtually staged. Unique opportunity to own a home right on E Anderson Street in the heart of Downtown / Lake Cherokee Historic District / with a NEW ROOF (2023), NEW A/C (2024), ZONED R-2 with dedicated living and dining areas, WOOD FLOORS throughout, generous front and back porches, all zoned for TOP-RATED SCHOOLS including Blankner K-8 and Boone High School! A variety of modern updates have been paired with the endless charm of this light and bright flowing floor plan. There are adorable BUILT-INS, CROWN MOLDING & DESIGN ACCENTS alongside stylish light fixtures, high ceilings and a large laundry room with exterior access. The comfortable kitchen maintains its 1925 character while featuring updated shaker style cabinetry, coordinating appliances, pantry storage and two windows over the sink that let the NATURAL LIGHT pour in. You have your CHOICE OF EN-SUITE BEDROOMS - one on the main floor and one upstairs and two guest bedrooms offer flexibility and room to grow. The spacious .17 ACRE LOT delivers a large backyard surrounded by beautiful mature trees and plenty of space for parking. The Downtown location puts every convenience at your fingertips; shopping, restaurants, arts and entertainment are just minutes away. The proximity to SR 408 and I-4 gives you easy access to neighboring cities, local attractions, parks, lakes and so much more. This is the perfect home for those seeking historic charm and city life all rolled into one - call today to schedule a tour!

Details

Property type

Single Family Residence

Est. home value

$509,189

Lot size

7,597 sq ft

Price per sq ft

$369

Year built

1925

Annual property taxes

$7,739

HOA

No

Price History

02/13/2025
StellarMLS

StellarMLS #O6278773

Listed
$725,000
-11.59%
02/06/2025
StellarMLS

StellarMLS #O6254614

Removed
$820,000
11/04/2024
StellarMLS

StellarMLS #O6254614

Listed
$820,000
+64.16%

Schools & Community

Neighborhood: 

Lake Cherokee

Elementary school: 

Blankner Elem

Middle school: 

Howard Middle

High school: 

Boone High

Community features: 

Sidewalks

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

$201,886
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$465,114
Cash to seller
$201,886

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

May 2023

Original loan amount

$474,526

Est. remaining balance

$465,114

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Ricardo D Ramirez Valera

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: 02/23/2025 at 12:25 PM

Listing updated: 02/21/2025 at 5:27 PM

Listed by: Jenny Wemert, WEMERT GROUP REALTY LLC Phone #: (407) 743-8356

MLS: StellarMLS #O6278773

StellarMLS logo

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