tomo logo

$1,559,000

Beds
5
Baths
4.5
sq ft
4,408

809 E Ridgewood St, Orlando, FL 32803

809 E Ridgewood St

ORLANDO, FL 32803

  • 165 days on market
    • Price drop $6,000↓
HIGHLY MOTIVATED SELLER, PRICED TO MOVE AT APPRAISAL VALUE — THIS IS YOUR CHANCE TO SEIZE A FANTASTIC DEAL ON AN AMAZING HOME! Welcome to 809 E Ridgewood St, a charming two-story POOL HOME with a DETACHED 1/1 in the heart of Orlando, just two blocks from Lake Eola. This beautifully maintained residence exudes character and warmth, featuring a welcoming facade with a traditional white picket fence and classic architecture. The property has been meticulously updated, ensuring modern comfort while preserving its timeless appeal. Spanning over 4,400 sq. ft. of living space with 4 bedrooms, 3.5 bathrooms, an office, a Florida room, and a 1/1 detached mother-in-law, there’s plenty of room for everyone. Step inside to discover a thoughtfully designed floor plan with spacious living areas, perfect for entertaining and everyday living. The home boasts resanded and stained original hardwood floors, plantation shutters, crown molding, and wide arched entryways, enhancing its classic beauty. The renovated kitchen features quartzite countertops, stainless steel appliances, and beautiful cabinetry. Adjacent to the kitchen, the bright breakfast nook and formal dining room create an invitation for the perfect gathering. Ascend the custom stair railing to the second floor, where you'll find the primary bedroom with balcony access, motorized drapes for ultimate privacy, a custom walk-in closet, and a new ensuite bathroom that is sure to impress with a built-in steam room in the shower. Three additional bedrooms provide plenty of room for family and guests, and two fully renovated guest bathrooms. A unique feature of this property is the detached mother-in-law suite, offering privacy and comfort for extended family or guests, complete with a full kitchen and living space, perfect for a home office, guest house, or an income opportunity. The outdoor area is equally inviting, with a new wood deck (2019) and a custom-built pergola (2020) that create a perfect space for outdoor entertaining. The backyard boasts a new outdoor kitchen (2021), new pool pavers (2022), and a new pool/spa heater (2020). The artificial turf, installed in 2023, is pet-grade, ensuring durability and ease of maintenance. Other notable updates include a new roof and skylights (2018), new windows (2017), commercial-grade market lights (2022), new A/C (2022), new exterior paint (2022), and so much more! Living in the Downtown Orlando and Lake Eola area offers a vibrant urban lifestyle with unparalleled access to everything Orlando has to offer. Enjoy easy access to the bustling city center and just minutes from I-4. Situated just a short stroll away from Lake Eola Park, it serves as the neighborhood’s crown jewel, providing scenic walking paths around the lake, swan boat rides, regular farmers markets, and a host of events year-round — making downtown Orlando an ideal place to call home. This home combines the ultimate living experience of comfort, convenience, and style — you must see it yourself, so schedule your private showing today! (THIS HOME IS ALSO AVAILABLE FOR LEASE.) <div style="padding:56.25% 0 0 0;position:relative;"><iframe src="https://my.matterport.com/show/?m=FrnoL9QfzAw&mls=1" frameborder="0" allow="autoplay; fullscreen" allowfullscreen style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></div>

Details

Property type

Single Family Residence

Est. home value

$975,439

Lot size

0.25 acres

Price per sq ft

$354

Year built

1935

Annual property taxes

$10,264

HOA

No

Price History

10/23/2024
StellarMLS

StellarMLS #O6206597

Price change
$1,559,000
-0.38%
10/02/2024
StellarMLS

StellarMLS #O6206597

Price change
$1,565,000
-0.63%
09/16/2024
StellarMLS

StellarMLS #O6206597

Price change
$1,575,000
-4.49%

Schools & Community

Neighborhood: 

Lake Eola Heights

Elementary school: 

Lake Como Elem

Middle school: 

Lake Como School K-8

High school: 

Edgewater 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

$1,070,664
Asking price
$1,559,000
Closing costs (~8% of asking)
-$124,720
Est. remaining loan balance
-$363,616
Cash to seller
$1,070,664

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

Seller’s Loan History

Lender

Fbc Mortgage Llc

Loan start date

August 2017

Original loan amount

$424,100

Est. remaining balance

$363,616

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

Seth C Petruzelli

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: 11/05/2024 at 9:45 AM

Listing updated: 11/04/2024 at 2:06 PM

Listed by: Brad Young, HOMEVEST REALTY Phone #: (407) 897-5400

MLS: StellarMLS #O6206597

StellarMLS logo

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