David Ramirez
$565,000$629,0002 bd1 ba1,014 sqft$557 /sqft$4,077 /mo all-in ↓

1620 PARK LAKE STREET, ORLANDO, FL, 32803

Active119 days on marketListed Apr 14, 2026MLS #O6395175

Reduced $64KSingle Family ResidenceCOLONIAL GROVE ESTATES

About this home

1620 PARK LAKE STREET

Make this lovingly-maintained 2-Bedroom 1-Bathroom bungalow built in 1925 and its 1-Bedroom 1-Bathroom studio guesthouse in Orlando’s Colonialtown your own. Vintage charm blends with modern comforts; this home offers a cozy yet spacious living environment. Original architectural details, such as a sunny foyer/sunroom, hardwood floors throughout, a gas fireplace, transom windows, a charming window seat with storage, and two built-in glass-front cabinets in the dining room, add character and warmth for relaxing and gracious entertaining. Prepare meals with ease in the well-equipped kitchen, complete with a farmhouse-style sink, stone countertops, a range with convection oven, a refrigerator, a trash compactor, and a dishwasher. A mudroom space near the back door includes a french-doored utility closet with a stacking washer and dryer set. The sizeable primary bedroom offers enough space to have a sitting area. An additional bedroom and a spacious remodeled full bathroom complete the bungalow. The home’s finished attic space, accessible via pull-down stairs, is equipped with air conditioning and electricity, making it suitable for storage. The studio guesthouse has a fully equipped kitchen area, a full bathroom, and its own patio. Renting out the studio, which has brought in as much as $1,500 a month, could help you qualify. Enjoy the relaxing, low-maintenance backyard, featuring a fire pit, a fountain, and a large paved patio. A air-conditioned workshop shed at the back of the property provides extra storage space, art creation, woodworking or crafting. Located just minutes from downtown Orlando, Park Lake/Highland, Colonialtown North, and the bustling Milk District, you'll have easy access to parks, tree-lined streets, and a diverse array of restaurants and shopping options. Experience a hassle-free living experience where historic allure meets contemporary convenience — a perfect retreat for those seeking a blend of charm and practicality.

Facts & features

The home at a glance

2

Bedrooms

1

Bathrooms

1,014

Sqft

0.16 ac

Lot size

1925

Year built

One

Levels

$557

Per sqft

FireplaceNegotiable

Inside

FlooringCarpet · Tile · Hardwood
AppliancesDishwasher · Disposal · Dryer · Microwave · Range · Refrigerator · Trash Compactor · Washer
InteriorCeiling Fan(s) · Living Room/Dining Room Combo · Solid Surface Counters · Window Treatments
LaundryIn Kitchen · Inside
CoolingCentral Air
HeatingCentral
FurnishedNegotiable

Outside & construction

RoofShingle
ConstructionStucco · Wood Frame
FoundationCrawlspace
FacesNorth
ParkingDriveway · On Street
ExteriorFire Pit

Community & fees

Taxes (2025)$7,879/yr

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Connected · Electricity Connected · Sewer Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$4,077 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,049
PMI (est., until 20% equity)$212
Property tax — 2025 actual bill$657
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $56,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $56,500
Interest rate6.00%
Loan term

Estimated payment

$4,077/mo

Principal & interest$3,049
PMI (est., until 20% equity)$212
Property taxes (actual bill)$657
Est. insurance$160

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.

List $565K
$338KedgeAI estimate $365,029 · range $352K$396K$588K

vs edgeAI estimate

+54.8%

$/sqft vs Orlando actives

$557 vs $250

Days on market

119 vs 43 typical

Where $557/sqft sits among the 400 Orlando actives

125
149
66
23
12
25 · this home
$151–219$219–286$286–354$354–422$422–490$490+

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 North

Map of 1620 PARK LAKE STREET inside its neighborhood boundary

Drive times from this address

Downtown Orlando5 min
Universal Orlando17 min
Orlando Int’l Airport (MCO)22 min
Walt Disney World29 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Orlando. See the full Orlando guide →

Colonialtown North — neighborhood snapshot

Population

3,722

Median age

38

Median income

$120,884

Median home value

$430,400

Avg household

2

Households w/ children

354

For the school run

Orange County School District

ElementaryAudubon Park School★★★★★
HighEdgewater High★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Orlando market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$400K$395K

Orlando median sold, yr/yr

97.0%

Sale-to-list ratio (12 mo)

191 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 26% above the ORLANDO 32803 median. See the full Orlando market guide →

Paper trail

This home's history

CurrentPrice reduced to $565,000 $64K
Apr 14, 2026Listed at $629,000 · 119 days on market since
1925Built · COLONIAL GROVE ESTATES

Reality check

What actually sold near 1620 PARK LAKE STREET

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

821 N FERNCREEK AVENUESold · May ’26

$505,900

821 N FERNCREEK AVENUE · same community

3 bd · 2.5 ba · 1,368 sqft · $370/sqft · 4 DOM

1821 WOODWARD STREETSold · Jun ’26

$345,000

1821 WOODWARD STREET · same community

2 bd · 2 ba · 1,506 sqft · $229/sqft · 0 DOM

1900 PARK LAKE STREETSold · Oct ’25

$639,000

1900 PARK LAKE STREET · same community

2 bd · 1 ba · 1,757 sqft · $364/sqft · 28 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1620 PARK LAKE STREET — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1620 PARK LAKE STREET — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Straight answers

1620 PARK LAKE STREET FAQs

What would the monthly payment be for 1620 PARK LAKE STREET?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,077/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 1620 PARK LAKE STREET?+

The most recent tax bill on record (2025) was $7,879. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Orlando?+

At $565,000, this home is listed about 45% above the Orlando median of $390,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1620 PARK LAKE STREET?+

Audubon Park 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 26% above the ORLANDO 32803 median.

02Time on market is leverage

119 days on market against a Orlando median of 43 — sellers in this position are usually ready to negotiate.

03Strong assigned schools

Audubon Park School, Edgewater High — Audubon Park School rates 5 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $629,000, now $565,000 — a $64K cut. The full history is in the market section below.

Listing courtesy of FLORIDA ONE REAL ESTATE LLC · Donna Vogler. MLS #O6395175.

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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