NOT LISTED FOR SALE

Estimated Value: $582,781 - $718,000

4 Beds
2 Baths
1,440 Sq Ft
$455/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $640,000 $444 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,301/month

20 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Family Room Off Kitchen
  • Audubon Park School Rated A-
  • No HOA
  • 2-minute walk to Big Tree Park

About This Home

As of June 2022

MULTIPLE OFFERS!! BRING HIGHEST AND BEST! PRIME LOCATION! This is your chance to own a beautifully done duplex located on a quaint brick paver street in the in-demand area of Park Lake/Lake Highland neighborhood. This light and bright concrete block duplex is zoned multifamily and currently set up as 2- 2bedrooms, 1 bath units on a large corner lot plus two- single car garages and an extra-long driveway for parking and storage. Additionally, the property has a private, enclosed outdoor area perfect for a hot tub, grilling, dining or outdoor entertainment. Property was recently professionally painted and landscaped (2022), a 2018 roof and new insulation in 2019 for energy efficiency. Both units are currently leased and producing income ($3,400/month). Owner has rents low but these units rent easily and can probably be increased. Just four blocks from prestigious Lake Highland Preparatory School, and convenient to the Orlando Urban Bike Trail, downtown, the Ivanhoe Village, Thornton Park, the Milk District, Loch Haven Park, the Science Center, Advent Health Hospital, the Amway Center, Orlando City Stadium, Dr. Phillips Performing Arts Center, Winter Park Shopping District and numerous bars and restaurants. Unit A is fully furnished and will be sold with furnishings. Previously was a successful, turn-key short term rental property with a nautical theme. Unit B is rented on a long-term basis. Live in one side and rent the other, keep as long term rentals or if applicable, consider a short term rental opportunity. So many possibilities with this property - great income potential in a very desirable neighborhood surrounded by gorgeous homes showcasing pride of ownership. Take a look quick, it will not last long!

Last Agent to Sell the Property

Angela Worachek

DALTON WADE INC License #3329933 Listed on: 05/05/2022

DALTON WADE INC

Last Buyer's Agent

Raphael Lopez

THE REAL ESTATE SHOPPE License #3260130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,848

Year Built

  • Built in 1949

Lot Details

  • 8,073 Sq Ft Lot
  • Lot Dimensions are 75x107
  • Fenced
  • Street paved with bricks

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,440 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Family Room Off Kitchen
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Outdoor Features

  • Front Porch

Schools

  • Audubon Park K-8 Middle School
  • Edgewater High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,956 Sq Ft Building
  • Overstreet Oak Hill Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,848

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1440
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1949
  • Building Area Total: 1956
  • Lot Size Sq Ft: 8073
  • Directions to Property: Heading from I-4, Take Exit 84B to merge onto North Garland Avenue, Head East onto West Colonial Drive, Turn LEFT onto North Summerlin Avenue, Turn RIGHT onto East Marks Street, Property will be on your RIGHT.
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Orlando
  • Escrow Postal Code: 32819
  • Escrow State: FL
  • Escrow Street Name: Turkey Lake Road, Suite 204
  • Escrow Street Number: 6052
  • List Office Head Office Key Nume: 1038452
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 444.44
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Thermostat
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Crawlspace
  • Levels: One
  • Street Number Modifier: 1002
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 133.78

Exterior Features

  • Exterior Features: Fence, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Brick
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2009-09-25
  • Flood Zone Panel: 12095C0265F

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: Please see County Code Restrictions to confirm any and all restrictions.

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • High School: Edgewater High
  • Middle Or Junior School: Audubon Park K-8

Lot Info

  • Zoning: R-2A/T
  • Parcel Number: 24-22-29-6492-03-041
  • Additional Parcels: No
  • Lot Features: Street Brick
  • Lot Dimensions: 75X107
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 750

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see County Code Restrictions to confirm any and all restrictions.

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 5847.97
  • Tax Block: C
  • Tax Book Number: F-17
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Jan 31, 2022
Sold by
David Kingsford
Bought by
Chism Michael K
Seller's Agent
Valentina Naumenko
MILA REALTY
Buyer's Agent
Valentina Naumenko
MILA REALTY
Sold Price
$1,700
Current Estimated Value
$655,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,995
Avg. Annual Appreciation
1.10%

Purchase Details

Listed on
Feb 14, 2018
Closed on
Apr 9, 2018
Sold by
Cruz Abelardo and Cruz Taviana
Bought by
Kingsford David
Seller's Agent
AC Cruz Cruz
COLDWELL BANKER REALTY
Buyer's Agent
Brian Rotenberger
COMPASS FLORIDA LLC
List Price
$359,900
Sold Price
$359,000
Premium/Discount to List
-$900
-0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%
Original Mortgage
$287,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2006
Sold by
Pashley Christopher C
Bought by
Cruz Abelardo and Cruz Taviana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,350
Interest Rate
6.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 21, 2003
Sold by
Martin Aida R and Martin Jerry
Bought by
Pashley Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1998
Sold by
Miller Robert W
Bought by
Martin Aida R and Martin Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.97%

Purchase Details

Closed on
Nov 7, 1995
Sold by
Miller Arlene R
Bought by
Miller Robert W
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Chism Michael K $630,000 Sunbelt Title
Kingsford David $359,000 Security National Title And
Cruz Abelardo $350,500 Attorney
Pashley Christopher C $210,000 --
Martin Aida R $100,000 --
Miller Robert W $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chism Michael K $399,000
Previous Owner Kingsford David $287,200
Previous Owner Cruz Abelardo $245,350
Previous Owner Pashley Christopher C $168,000
Previous Owner Miller Robert W $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $640,000 -1.5% $444 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $650,000 0.0% $451 / Sq Ft
03/02/2022 03/02/22 Rented -- -- --
02/22/2022 02/22/22 Under Contract -- -- --
02/15/2022 02/15/22 Price Changed $1,700 -8.1% $1 / Sq Ft
02/11/2022 02/11/22 Price Changed $1,850 -11.9% $1 / Sq Ft
02/03/2022 02/03/22 For Rent $2,100 0.0% --
01/31/2022 01/31/22 Sold $630,000 +1.6% $438 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $620,000 +72.7% $431 / Sq Ft
04/09/2018 04/09/18 Sold $359,000 -0.3% $249 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $359,900 0.0% $250 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $359,900 -- $250 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $10,065 $588,840 $225,000 $363,840
2024 $9,543 $541,600 $225,000 $316,600
2023 $9,543 $517,600 $225,000 $292,600
2022 $6,260 $334,747 $200,000 $134,747
2021 $5,848 $306,980 $200,000 $106,980
2020 $5,403 $292,972 $185,000 $107,972
2019 $5,751 $295,393 $186,430 $108,963
2018 $4,613 $272,074 $186,430 $85,644
2017 $4,422 $269,926 $186,430 $83,496
2016 $4,251 $262,083 $181,000 $81,083
2015 $3,895 $228,269 $152,000 $76,269
2014 $3,457 $189,444 $131,000 $58,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6022743

Stellar MLS

APN: 24-2229-6492-03-041