by RH Advisors

Check Availability
Orange 32807
5405 Old Cheney HIGHWAY
$358,000
↓ $2K (0.6%)
House - For Sale

5405 Old Cheney HIGHWAY

ORLANDO, FL 32807
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2800 Sqft
$1,934
Estimated Monthly
$0
HOA / Fees
10.47%
Cap Rate

About This Property

Don't miss this exclusive investment opportunity in the coveted area of Orlando! Discover this charming residence that adapts to your needs: you can choose a spacious 5-bedroom, 3-bathroom home, or split it into a 3/2 apartment along with another 2/1 unit, thereby maximizing your profitability. You could even get more creative and create 3 or even 4 living spaces in this huge home, the sky is the limit! Plenty of parking, with access from two sides of the street.
Situated on a double lot, this private oasis offers a fully fenced backyard, which adjoins the peaceful Cady Way trail, guaranteeing no rear neighbors and providing a peaceful and serene environment. Outdoor enthusiasts will appreciate the proximity to Baldwin and Susannah Lakes, accessible for enjoying a bike ride, while families will value being in top-rated school districts.
Boasting a generous space of 2800 square feet, this property harbors immense potential. Imagine adding an additional unit or even a separate suite, which could transform it into a prosperous source of income.
The home is nestled in a quiet neighborhood, yet only minutes away from the vibrant areas of Downtown Orlando, Winter Park, and Baldwin Park. Additionally, you will have quick access to Orlando International Airport, Fashion Square Mall, and a diverse selection of restaurants.
This is a great opportunity, not just to invest, but to invest wisely. Don't let this opportunity fade away... We invite you to experience the charm and potential of this home in person TODAY!
Unit Size
2,800Ft²
Days on Market
234 days
Land Size
0.21 acres
Price per sqft
$128
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1948
Last updated: 4 months ago (Stellar MLS #O6138853)

Price History

Date / Event Date Event Price
Jan 20, 2024 Price Decreased $358,000
↓ $2K (0.6%)
Price Decreased
Dec 21, 2023 Price Decreased $360,000
↓ $5K (1.4%)
Price Decreased
Dec 13, 2023 Price Decreased $365,000
↓ $5K (1.4%)
Price Decreased
Dec 7, 2023 Price Decreased $370,000
↓ $5K (1.3%)
Price Decreased
Nov 21, 2023 Price Decreased $375,000
↓ $5K (1.3%)
Price Decreased
Show More

Property Highlights

Parking Details
Parking Features: None
Interior Details

Bathroom Information

Full Bathrooms: 3

Interior Information

Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Other, Solid Surface Counters, Solid Wood Cabinets
Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
Flooring Type: Ceramic Tile, Concrete, Hardwood
Laundry Features: Other

Room Information

Rooms: 7

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,638
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,260
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,926
  • Gross Building Area: 2,926
  • Building Area: 2,374
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,374
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: PONCE DE LEON
  • Land Acres: 0.213
  • Legal Description 1: PONCE DE LEON N/28 LOTS 11 & 12 & E1/2 O F VAC ST LYING W OF LOT 12 BLK L

Ownership

  • Current Owner : 1815 LARKIN AVE LLC
  • Previous Owner : DEBOSE COMIKA NICOLE
  • Owner Before Previous Owner: 1815 LARKIN AVE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0335
  • Census Tract: 018204

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 230
  • Subdivision Tract Number: 7204
  • Parcel: 21-22-30-7204-12-110
  • Block: L
  • Lot: 11,12
  • Meridian: SEC 21 TWN 22S RNG 30E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5613
  • Longitude: -81.316

    Address

  • Full Address: 5405 Old Cheney Hwy
  • Address - House Number: 5405
  • Address - Street Name: Old Cheney
  • Address - Suffix Type: Hwy
  • State: FL
  • City Name: Orlando
  • Carrier Code: C003
  • 4-Digit Zip Code: 1919
  • Zip Code: 32807

Valuation

    Tax

  • Total Area: 2,424
  • Tax Year: 2023
  • Tax Amount: $2,198
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.08
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 94
  • Final Value: 341,609
  • High Value: 368,939
  • Low Value: 314,279

    Market Valuation

  • Market Total Value: $198,574
  • Market Land Value: $75,000
  • Market Improvement Value: $123,574

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,062

    Sales

  • Current Sale Contract Date: Apr 17, 2023
  • Current Sale Recording Date: May 04, 2023
  • Current Sale Transaction ID: 11906511983
  • Current Sale Price: $200,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 253424
  • Previous Sale Recording Date: Apr 24, 2023
  • Previous Sale Contract Date: Apr 17, 2023
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: KENNEY JONATHAN
  • Previous Mortgage Transaction Date: Apr 24, 2023
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,005 ft²
$224/ft²
$449,000 Jul 13, 2023
$449,000 Aug 31, 2023
$742/mo
House
2 Beds
1 Bath
1,013 ft²
$434/ft²
$440,000 Aug 18, 2023
$440,000 Sep 7, 2023
$342/mo
House
2 Beds
2 Baths
1,266 ft²
$292/ft²
$370,000 Mar 9, 2023
$370,000 Aug 16, 2023
$254/mo
House
3 Beds
2 Baths
1,335 ft²
$270/ft²
$360,000 Aug 3, 2023
$360,000 Sep 6, 2023
$342/mo
House
3 Beds
2 Baths
1,192 ft²
$361/ft²
$430,000 Jul 27, 2023
$430,000 Sep 1, 2023
$489/mo
House
8 Beds
3 Baths
1,977 ft²
$223/ft²
$439,900 Apr 7, 2023
-
$225/mo
House
3 Beds
2 Baths
1,609 ft²
$227/ft²
$365,000 Sep 8, 2023
-
$170/mo
House
3 Beds
2 Baths
1,107 ft²
$339/ft²
$375,000 Jun 22, 2023
-
$70/mo
Land
Loft
-
-
$330,000 Jul 26, 2022
-
$152/mo

About Orange


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Frequently Asked Questions

When was property at 5405 Old Cheney Highway built and last sold?
The property at 5405 Old Cheney Highway was built in 1948 and last sold on Apr 17, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 5405 Old Cheney Highway is $402,990.
What are some comparable homes to 5405 Old Cheney Highway?
Homes that are comparable to 5405 Old Cheney Highway include a house property at 1306 Moselle Avenue, a land property at 1227 Moselle Avenue, a house property at 7428 Azalea Cove Circle.

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