NOT LISTED FOR SALE

Estimated Value: $662,000 - $731,000

2 Beds
2.5 Baths
2,080 Sq Ft
32,670 Sq Ft Lot

Sale Details

Date Sold: December 13, 2018

Last sale price $504,000 $242 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,214 / mo

20 Days on Market

Highlights

  • 0.75 Acre Lot
  • End Unit
  • Community Pool
  • Engineered Wood Flooring
  • Solid Surface Countertops
  • 3-minute walk to Lake Eola Park

About This Home

As of December 2018

Luxury living at it's finest in downtown Orlando!!! This large, corner unit has everything you're looking for in quality urban living. The Sanctuary is one of the most sought after addresses in downtown. The interior of the unit has just been refreshed with new wood floors and a fresh coat of paint that makes it feel like it is brand new. The large 2 Bedroom unit has an open floor plan with split Bedrooms. Each Bedroom has it's own en-suite Bathroom and there is a powder room for your guests. The huge, South facing, wraparound Balcony provides a spectacular view of the Sanctuary's Pool, and a partial view of Lake Eola. The building has 24 hour concierge and security in the Lobby. For relaxing, there is an owners lounge, huge Pool and Spa and state of the art workout room. There are numerous restaurants within walking distance and easy access to Dr. Phillips Center for Performing Arts and all the nightlife downtown has to offer. Included with ownership are 2 designated parking spaces in the Garage, which allows secure access to "owners only" private elevators which will take you to just outside your door. Check out the photos to get a sense of the beauty of this home.

Last Agent to Sell the Property

Jim Wright

WATSON REALTY CORP License #3043235 Listed on: 10/27/2018

WATSON REALTY CORP

Last Buyer's Agent

Cameron Coe

PALERMO REAL ESTATE PROF. INC. License #3344204

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 2005

Lot Details

  • End Unit

HOA Fees

  • $868 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,080 Sq Ft Home
  • Shades
  • Laundry in unit

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

Outdoor Features

  • Outdoor Storage
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, recreational facilities, security, sewer, trash
  • High-Rise Community
  • Sanctuary Downtown Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 18-Story Property

Recreation

Pet Policy

  • Pets up to 75 lbs
  • 2 Pets Allowed

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,894

Year Built

Built in 2005

Lot Details

0.75 Acres

HOA Fees

$868 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities, Security, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2080
  • Lot Size Acres: 0.75
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 32883
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5743123&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5743123&cview=true&show_results=true&customer_portal=true
  • Floor Number: 10
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Corner Unit, High Rise
  • Ratio: Close Price\List Price: 0.91803
  • Price per Sq Ft: 242.31
  • Close to Original List Price Ratio: 0.91803
  • View: No
  • Ownership: Condominium
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 18
  • Window Features: Shades
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Storage
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Wrap Around
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0265F

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Off Street, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association: Yes
  • Security: Fire Sprinkler System, Secured Garage/Parking
  • Senior Community: No
  • Condo Fees: 868
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 868
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10416
  • Total Monthly Fees: 868

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-7800-01-014
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 75
  • Minimum Lease: 7 Months
  • Approval Process: Buyer and agent to confirm with building manager
  • Pet Restrictions: Buyer and agent to confirm with building manager
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer and agent to confirm with building manager

Tax Info

  • Tax Annual Amount: 4894
  • Tax Block: 1
  • Tax Book Number: 7800
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
Dec 13, 2018
Sold by
Cibelli John and Cibelli Lynette
Bought by
Watson Jason A and Watson Jennifer L
Seller's Agent
Jim Wright
WATSON REALTY CORP
Buyer's Agent
Cameron Coe
PALERMO REAL ESTATE PROF. INC.
List Price
$549,000
Sold Price
$504,000
Premium/Discount to List
-$45,000
-8.2%
Current Estimated Value
$700,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,660
Avg. Annual Appreciation
4.39%
Original Mortgage
$150,000
Outstanding Balance
$95,541
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$595,164

Purchase Details

Closed on
Nov 18, 2005
Sold by
D T O Development Llc
Bought by
Cibelli John and Cibelli Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watson Jason A $504,000 Stewart Title Company
Cibelli John $700,000 --
Cibelli John $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Jason A $150,000
Previous Owner Cibelli John $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $504,000 -8.2% $242 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/27/2018 10/27/18 For Sale $549,000 -- $264 / Sq Ft
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,266 $453,901 -- --
2024 $6,802 $441,968 -- --
2023 $6,802 $417,002 $0 $0
2022 $6,605 $404,856 $0 $0
2021 $6,500 $393,064 $0 $0
2020 $6,189 $387,637 $0 $0
2019 $6,379 $378,922 $0 $0
2018 $4,962 $300,621 $0 $0
2017 $4,894 $458,380 $91,676 $366,704
2016 $4,872 $436,020 $87,204 $348,816
2015 $4,942 $402,480 $80,496 $321,984
2014 $4,966 $375,585 $75,117 $300,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5743123

Stellar MLS

APN: 25-2229-7800-01-014

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