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553 MELLOWOOD AVENUE

House Active With Contract
$325,000

BTC: 5.18341308

ETH: 203.80136578

5 days
3 bds
2 ba
1,769 sqft

Overview

Under contract-accepting backup offers. **Multiple offers received** Opportunity knocks at 553 Mellowood Drive in Orlando! Situated on a spacious .34-ACRE LOT, this 3-bedroom, 2-bathroom home offers 1,769 square feet of living space and incredible potential for buyers looking to add their personal touch. Built with durable BLOCK CONSTRUCTION, the property features a NEWER ROOF, a fully fenced backyard, a screened-in back patio, and a 2-car garage. Inside, you'll find a functional layout with plenty of room to reimagine and update to your tastes, as the home is in need of cosmetic repairs and renovations. With an HOA of only $110 per year, ownership remains affordable while enjoying a PRIME EAST ORLANDO LOCATION close to shopping, dining, major highways, schools, and everyday conveniences. Whether you're an owner-occupant, investor, or someone searching for a value-packed property with upside potential, this GREAT PRICE and oversized lot make this one worth a look!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1983
Lot:
0.34 Acres
Heating:
Central
Price/sqft:
$184
Cooling:
Central Air
HOA:
$110

Valuation

Our model vs. what's actually selling nearby.
Estimate
$485,000
$427K – $510K
Confidence Medium
List vs. estimate
$160K below estimate
List $325,000 · -33.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$183
-30.2% vs. city median $263
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,348
2025
HOA
$110/yr
Manager, Other
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Disposal

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Lighting / Sidewalk

    Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: 312231199400990

    • Zoning: R-1AA

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Available

    • Water Available

  • Other financial information

    • HOA: $110

    • HOA Frequency: Annually

    • Annual tax amount: $2,348

  • Source details

    • MLS ID: O6416049

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Family Room

    • Laundry Features: In Garage

    • Lot Features: Sidewalk

    • Patio And Porch Features: Rear Porch / Screened

    • Direction Faces: West

    • Architectural Style: Traditional

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1769

    • Water Source: Public

    • Subdivision Name: DEERWOOD

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CREEGAN GROUP