tomo logo

$340,000

Beds
3
Baths
2.0
sq ft
1,174

8519 Rainbow Ave, Orlando, FL 32825

8519 Rainbow Ave

ORLANDO, FL 32825

  • 1 day on market
Welcome to this charming gem located in the heart of East Orlando! Whether you're a first-time homebuyer or looking to expand your investment portfolio, this move-in ready home offers the ideal blend of modern features and comfort. Step inside to find a spacious and inviting living area with plenty of natural light, perfect for relaxing or entertaining guests. The fenced-in backyard provides privacy and a safe space for pets or outdoor gatherings, while the enclosed back patio extends your living area for year-round enjoyment. Plus, with NO HOA, you have the freedom to truly make this home your own. Don't miss out on the opportunity to own a home with many new and upgraded features in a sought-after neighborhood. Schedule a showing today and see why this is the perfect place to start your next chapter!

Details

Property type

Single Family Residence

Est. home value

$342,462

Lot size

5,998 sq ft

Price per sq ft

$290

Year built

2004

Annual property taxes

$4,980.42

HOA

No

Price History

02/21/2025
StellarMLS

StellarMLS #O6282454

Listed
$340,000
+11.48%
12/13/2021
StellarMLS

StellarMLS #O5983823

Sold
$305,000
+69.44%
10/20/2017
StellarMLS

StellarMLS #S4842059

Sold
$180,000
+33.33%

Schools & Community

Elementary school: 

Forsyth Woods Elementary

Middle school: 

Union Park Middle

High school: 

Colonial 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

$94,814
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$217,986
Cash to seller
$94,814

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

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

December 2021

Original loan amount

$233,600

Est. remaining balance

$217,986

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Katherine Nguyen and Christopher G Bainter

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: 02/22/2025 at 12:05 PM

Listing updated: 02/22/2025 at 6:54 AM

Listed by: Aarohi Shah, ALIGN REAL ESTATE LLC Phone #: (305) 389-2922

MLS: StellarMLS #O6282454

StellarMLS logo

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