Thank you for submitting your item for appraisal. This appears to be a painting by Harold Wolcott (1898-1977). The artist depicts a sunlit street with a horse-drawn carriage in St.Augustine, Florida. Wolcott´s paintings are offered at auction regularly, most often selling in the low hundreds, rarely selling over the 1000 US $ threshold. The painting in your possession is in very good untouched condition, fully signed, good provenance, and the motif is attractive, the light and shadow and the people in the street, the depth etc.
The estimate is based on similar paintings offered and sold at auction.