tomo logo

$315,000

Beds
3
Baths
2.0
sq ft
1,036

6408 Ridge Ter, Orlando, FL 32810

6408 Ridge Ter

ORLANDO, FL 32810

  • 36 days on market
Discover this charming 3-bedroom, 2-bath mid-century gem that perfectly combines classic charm with modern updates. Set on a spacious, fenced lot, the home features a bright and airy open layout with vaulted ceilings that flood the space with natural light. The renovated kitchen boasts solid wood cabinets, granite countertops, and stylish tile work, while both bathrooms have been beautifully updated. The expansive backyard, complete with a fire pit, offers endless possibilities for outdoor living, gardening, or future expansion. A 30-foot deep garage provides plenty of room for storage and a workspace. This home comes with a new roof (2019), updated plumbing, HVAC, electrical, and new windows, offering peace of mind for years to come. With no HOA and an ASSUMABLE FHA mortgage at 4.299% with an approximate $285,000 balance, this property is ideal for first-time buyers, growing families Located minutes from shopping, schools, and downtown Orlando, this move-in ready home is a fantastic opportunity in a sought-after neighborhood.

Details

Property type

Single Family Residence

Est. home value

$300,972

Lot size

8,372 sq ft

Price per sq ft

$305

Year built

1958

Annual property taxes

$3,381

HOA

No

Price History

10/18/2024
StellarMLS

StellarMLS #O6250326

Listed
$315,000
-1.25%
10/15/2024
StellarMLS

StellarMLS #O6247002

Removed
$319,000
10/03/2024
StellarMLS

StellarMLS #O6247002

Listed
$319,000

Schools & Community

Elementary school: 

Lakeville Elem

Middle school: 

Piedmont Lakes Middle

High school: 

Wekiva 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

$3,982
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$285,818
Cash to seller
$3,982

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$294,566

Est. remaining balance

$285,818

Interest rate

5.81%

Loan type

FHA, 30 year

Seller

Debra Knudsen and Kent Knudsen

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: 11/23/2024 at 6:30 AM

Listing updated: 10/22/2024 at 1:42 PM

Listed by: Christopher Lyons, AGILE GROUP REALTY Phone #: (813) 569-6294

MLS: StellarMLS #O6250326

StellarMLS logo

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