NOT LISTED FOR SALE

10042 Madison Banks St Unit 3 Orlando, FL 32827

NorthLake Park at Lake Nona Neighborhood

Estimated Value: $357,000 - $397,000

4 Beds
3 Baths
1,545 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $225,000 $146 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,672/month

249 Days on Market

Highlights

  • Access To Lake
  • Deck
  • Stone Countertops
  • Northlake Park Community School Rated A
  • End Unit
  • 4-minute walk to McCoy Community Park

About This Home

As of May 2018

Great opportunity in highly desirable Lake Nona - Waters Edge. Beautiful CORNER Unit townhome. This corner unit includes several large windows and plenty of light for an open feel. The master and 2 bedrooms are located upstairs and guest bedroom/office and full bath are downstairs. Enjoy sitting in the front porch or cozy backyard. The amenities feature membership to the YMCA, community pool, tennis courts, playgrounds, picnic areas and security guard at the front gate. Great to own and live in or for an investment opportunity.

Last Agent to Sell the Property

Constantino Trimarcchi

TRIMARCHI REALTY CORP License #3151653 Listed on: 07/10/2017

Last Buyer's Agent

Yigit Orer

EMPIRE NETWORK REALTY License #3254903

EMPIRE NETWORK REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,922

Year Built

  • Built in 2014

Lot Details

  • 3,671 Sq Ft Lot
  • End Unit
  • Mature Landscaping
  • Zero Lot Line
  • Land Lease expires 2/28/18

HOA Fees

  • $353 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,545 Sq Ft Home
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • 1 Carport Space
  • Rear-Facing Garage
  • Side Facing Garage

Outdoor Features

  • Access To Lake
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

  • Northlake Park Community Elementary School
  • Lake Nona Middle School
  • Lake Nona High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, recreational facilities, security
  • Waters Edge/Lk Nona 03 C F & Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,922

Year Built

Built in 2014

Lot Details

0

HOA Fees

$353 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1545
  • Lot Size Acres: 0.08
  • New Construction: No
  • Year Built: 2014
  • Building Area Total: 1955
  • Lot Size Sq Ft: 3671
  • Directions to Property: From 528 exit to Narcoossee South to North Lake Parkway Community make a right. Continue to the gate of Waters Edge. Guarded gate access only
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=S4848867&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=S4848867&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 145.63
  • Close to Original List Price Ratio: 0.9
  • Ratio: Current Price\Building Area Total: 115.09
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Solid Wood Cabinets, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 10042
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water Access: Lake
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0445F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Garage Faces Rear, Garage Faces Side
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 353.33
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 4239.96
  • Monthly HOA Fee: 353.33
  • Total Monthly Fees: 353.33

Schools

  • Elementary School: Northlake Park Community
  • High School: Lake Nona High
  • Middle Or Junior School: Lake Nona Middle School

Lot Info

  • Zoning: PD/AN
  • Parcel Number: 12-24-30-8872-00-790
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk, Zero Lot Line
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Land Lease Expiration Date: 2018-02-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3922
  • Tax Block: 00/790
  • Tax Book Number: 73-48
  • Tax Lot: 79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
May 17, 2018
Sold by
Abba Usa Llc
Bought by
Morales Joselyn Garcia and Cintron Moises A
Seller's Agent
Constantino Trimarcchi
TRIMARCHI REALTY CORP
Buyer's Agent
Yigit Orer
EMPIRE NETWORK REALTY
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$374,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,261
Avg. Annual Appreciation
7.33%
Original Mortgage
$220,924
Outstanding Balance
$193,150
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$182,728

Purchase Details

Closed on
Jun 3, 2016
Sold by
Fang Xia
Bought by
Abba Usa Llc

Purchase Details

Closed on
Jul 31, 2014
Sold by
Park Square Enterprises Llc
Bought by
Fang Xia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Morales Joselyn Garcia $225,000 Grace Title Incorporated
Abba Usa Llc $220,000 Security Natl Title & Escrow
Fang Xia $203,900 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Joselyn Garcia $19,995
Open Morales Joselyn Garcia $220,924
Previous Owner Fang Xia $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $225,000 0.0% $146 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
03/15/2018 03/15/18 Price Changed $225,000 -6.4% $146 / Sq Ft
03/04/2018 03/04/18 Price Changed $240,500 -2.0% $156 / Sq Ft
02/09/2018 02/09/18 Price Changed $245,500 +0.2% $159 / Sq Ft
01/19/2018 01/19/18 Price Changed $245,000 +6.5% $159 / Sq Ft
10/12/2017 10/12/17 Price Changed $230,000 -8.0% $149 / Sq Ft
07/10/2017 07/10/17 For Sale $250,000 0.0% $162 / Sq Ft
05/25/2017 05/25/17 Off Market $1,700 -- --
02/24/2017 02/24/17 Rented $1,700 -8.1% --
01/25/2017 01/25/17 Under Contract -- -- --
01/16/2017 01/16/17 For Rent $1,850 -- --
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 $3,365 $226,910 -- --
2024 $3,212 $226,910 -- --
2023 $3,212 $214,092 $0 $0
2022 $3,107 $207,856 $0 $0
2021 $3,050 $201,802 $35,000 $166,802
2020 $2,971 $203,021 $35,000 $168,021
2019 $3,165 $204,240 $35,000 $169,240
2018 $3,885 $199,692 $35,000 $164,692
2017 $3,921 $199,658 $24,000 $175,658
2016 $3,887 $194,240 $24,000 $170,240
2015 $3,737 $182,570 $24,000 $158,570
2014 $342 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Constantino Trimarcchi

    Seller's Agent in 2018

    Constantino Trimarcchi

    TRIMARCHI REALTY CORP

    (407) 709-3426

    4 in this area

    58 Total Sales

    Section Image
  • Yigit Orer

    Buyer's Agent in 2018

    Yigit Orer

    EMPIRE NETWORK REALTY

    (407) 948-5347

    34 Total Sales

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Map

Source: Stellar MLS

MLS Number: S4848867

Stellar MLS

APN: 12-2430-8872-00-790

Florida Orange County Orlando 32827 NorthLake Park at Lake Nona

10042 Madison Banks St Unit 3, Orlando, FL

This home is located at 10042 Madison Banks St Unit 3, Orlando, FL 32827 since 10 July 2017 and is currently estimated at $376,631, approximately $243 per square foot. This property was built in 2014. 10042 Madison Banks St Unit 3 is a home located in Orange County with nearby schools including Northlake Park Community School, Lake Nona Middle, and Lake Nona High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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