1407 E RIDGEWOOD STREET, ORLANDO, FL, 32803
Active30 days on marketListed Aug 21, 2026MLS #O6433935
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About this home
1407 E RIDGEWOOD STREET
This historic 2-Bedroom 1-Bathroom Bungalow is located in one of Downtown Orlando’s most desirable neighborhoods. The 1925 Bungalow comes with a rare asset. It has a detached 1970 1-Bedroom 1-Bathroom guesthouse offering exceptional flexibility for additional rental income, hosting guests, or multigenerational living. These opportunities do not come on the market often so snap this one up! The detached Cottage is features a separate OUC electrical meter, separate internet and qualifies for the City's long term and/or short term rental. Improvements to the property include new roofs on both structures (2023) and the Bungalow has been repiped water service line to the City meter (2025), providing added value and peace of mind. This home is just minutes from Lake Eola Park, the Dr. Phillips Center for the Performing Arts, Thornton Park, Mills 50, Ivanhoe Village, and Orlando Health. It offers the perfect blend of historic character and urban convenience. Meet your neighbors on your quiet open air front porch or walk over to the local neighborhood eatery Maxine's on Shine and have lunch or dinner. Enjoy central air conditioning, mature landscaping, and easy access to Orlando best. A truly exceptional opportunity to own a versatile income producing property in the heart of Downtown Orlando.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,484
Sqft
0.12 ac
Lot size
1925
Year built
One
Levels
$381
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,015 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,015/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+13.1%
$/sqft vs Orlando actives
$381 vs $242
Days on market
30 vs 42 typical
Where $381/sqft sits among the 400 Orlando actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Colonialtown South
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Orlando. See the full Orlando guide →
Colonialtown South — neighborhood snapshot
Population
1,329
Median age
41
Median income
$68,504
Median home value
$437,200
Avg household
2
Households w/ children
91%
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Orlando market
$400K → $395K
Orlando median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
209 of 400
Orlando actives have cut their price
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 31% above the ORLANDO 32803 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 1407 E RIDGEWOOD STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$530,000
1704 ANTIGUA
3 bd · 2 ba · 1,483 sqft · $357/sqft · 7 DOM
Sold · Apr ’26$599,000
1806 PEPPERIDGE DRIVE
3 bd · 2 ba · 1,480 sqft · $405/sqft · 50 DOM
Sold · Nov ’25$400,000
811 BRIERCLIFF DRIVE
3 bd · 2 ba · 1,500 sqft · $267/sqft · 93 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Arlinda Gokyar
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1407 E RIDGEWOOD STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1407 E RIDGEWOOD STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Arlinda's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1407 E RIDGEWOOD STREET FAQs
What would the monthly payment be for 1407 E RIDGEWOOD STREET?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,015/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1407 E RIDGEWOOD STREET?+
The most recent tax bill on record (2025) was $7,137. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1407 E RIDGEWOOD STREET?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Orlando?+
At $565,000, this home is listed about 47% above the Orlando median of $385,250. The market section on this page shows how the area is trending.
Which schools are assigned to 1407 E RIDGEWOOD STREET?+
Hillcrest Elementary (elementary), Lake Como School (elementary), Edgewater High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$565,000 runs 31% above the ORLANDO 32803 median.
02City views
The city view is part of what you're buying — views hold value independently of the structure.
03Strong assigned schools
Hillcrest Elementary, Lake Como School, Edgewater High — Hillcrest Elementary rates 5 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $579,900, now $565,000 — a $15K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of JOHN TANNER · Debra Lippens. MLS #O6433935.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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