NOT LISTED FOR SALE

1016 E Michigan St Unit 1 Orlando, FL 32806

Southern Oaks Neighborhood

Estimated Value: $245,000 - $271,000

2 Beds
2 Baths
1,538 Sq Ft
$695/mo HOA Fee

Last Sold May 02, 2022

Last sale price $240,000 $156 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,367/month

246 Days on Market

Highlights

  • Gated Community
  • Lake View
  • Family Room with Fireplace
  • Blankner School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2022

Highly sought after SODO district of Orlando, this condo is situated in a gated community with easy access to downtown! The grounds of this community are beautifully manicured, and in spite of being in the heart of a city, make you feel that one is miles outside the hustle and bustle! This beautiful lower level, end unit, features sweeping views of Lake Pinelock from the living room, and expansive rear patio. Enjoy abundant natural lighting in the interior of this updated condo and features solid wood flooring, wood burning fireplace, wet bar. This split plan includes 3 bedrooms, walk in closets, and ample storage. Community amenities for your enjoyment are a recreation area, tennis courts and swimming pool and sidewalks. Don't miss out on this rate opportunity to secure a GROUND LEVEL, END UNIT WITH LAKE VIEWS!

Last Listed By

Addie Owens

TOUCHSTONE REAL ESTATE License #3382828 Listed on: 07/28/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $308

Year Built

  • Built in 1973

Lot Details

  • 6,534

HOA Fees

  • $695 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,538 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room with Fireplace
  • Lake Views

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rear Porch

Utilities

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

Additional Features

  • Reclaimed Water Irrigation System
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, pool maintenance, sewer, trash, water
  • Chuck Strode Association, Phone Number (407) 333-7787
  • One Thousand Oaks Rep Subdivision
  • Association Owns Recreation Facilities
  • Handicap Modified Features In Community

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Small pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$308

Year Built

Built in 1973

Lot Details

0

HOA Fees

$695 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1538
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1538
  • Lot Size Sq Ft: 6554
  • Directions to Property: From I-4, Exit East Michigan Street, Condo complex located across from S. Thorton Ave. GATE CODE REQUIRED.
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5044890?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5044890?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 156.05
  • Close to Original List Price Ratio: 0.8
  • Ratio: Current Price\Building Area Total: 156.05
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 1016A
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Lake Pinelock
  • Waterfront: No
  • Patio and Porch Features: Patio, Rear Porch
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Gated Community, Handicap Modified, Irrigation-Reclaimed Water, Pool, Sidewalk, Tennis Courts
  • Association Name: Chuck Strode
  • Phone: 407-333-7787
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 695
  • Condo Fees Term: Monthly
  • Association Email: chuck@premiermgmtcfl.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 695
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8340
  • Total Monthly Fees: 695

Lot Info

  • Zoning: R-3B
  • Parcel Number: 01-23-29-6178-17-116
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Furnished: Partially
  • Pets Allowed: Number Limit, Size Limit
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: No Minimum
  • Approval Process: Application submitted to board for approval at virtual meeting.
  • Pet Restrictions: BUYER TO VERIFY WITH MANAGEMENT
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: BUYER TO VERIFY WITH MANAGEMENT

Tax Info

  • Tax Annual Amount: 308.22
  • Tax Block: 17
  • Tax Book Number: 2-138
  • Tax Lot: 116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Apr 28, 2022
Sold by
Hoffman Linda R
Bought by
Foote Alexander
Seller's Agent
Addie Owens
TOUCHSTONE REAL ESTATE
Buyer's Agent
Barbara Friedman
FANNIE HILLMAN & ASSOCIATES
List Price
$285,000
Sold Price
$240,000
Premium/Discount to List
-$45,000
-15.79%
Total Days on Market
246
Current Estimated Value
$256,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,259
Avg. Annual Appreciation
2.16%
Original Mortgage
$192,000
Outstanding Balance
$183,211
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$73,048

Purchase Details

Closed on
Jul 18, 2012
Sold by
Dean David A
Bought by
One Thousand Oaks Inc

Purchase Details

Closed on
Apr 10, 1996
Sold by
Stanton Stanton and Stanton J.
Bought by
Hoffman Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1995
Sold by
Stanton A J
Bought by
Hoffman Linda R and Hoffman Stanton A

Purchase Details

Closed on
Nov 11, 1994
Sold by
Middleton June B
Bought by
Stanton A J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.78%

Range of Values:

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Average Value
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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
Foote Alexander $240,000 Ticon Title
One Thousand Oaks Inc $1,800 None Available
Hoffman Linda R $20,000 --
Hoffman Linda R $29,700 --
Stanton A J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foote Alexander $192,000
Previous Owner Hoffan Linda $90,996
Previous Owner Hoffman Linda R $97,000
Previous Owner Hoffman Linda R $22,000
Previous Owner Hoffman Linda R $42,400
Previous Owner Stanton A J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $240,000 0.0% $156 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/25/2022 03/25/22 Price Changed $240,000 -15.8% $156 / Sq Ft
03/23/2022 03/23/22 For Sale $285,000 +18.8% $185 / Sq Ft
12/29/2021 12/29/21 Off Market $240,000 -- --
10/22/2021 10/22/21 Price Changed $285,000 -5.0% $185 / Sq Ft
07/28/2021 07/28/21 For Sale $300,000 -- $195 / 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 $2,842 $195,652 -- --
2024 $2,698 $195,652 -- --
2023 $2,698 $184,600 $36,920 $147,680
2022 $346 $38,190 $0 $0
2021 $329 $37,078 $0 $0
2020 $308 $36,566 $0 $0
2019 $309 $35,744 $0 $0
2018 $298 $35,078 $0 $0
2017 $286 $87,700 $17,540 $70,160
2016 $276 $87,700 $17,540 $70,160
2015 $275 $80,000 $16,000 $64,000
2014 $272 $62,400 $12,480 $49,920
Source: Public Records

Agents Affiliated with this Home

  • Addie Owens

    Seller's Agent in 2022

    Addie Owens

    TOUCHSTONE REAL ESTATE

    (352) 223-0053

    1 in this area

    67 Total Sales

    Addie Owens
    Section Image

  • B

    Buyer's Agent in 2022

    Barbara Friedman

    FANNIE HILLMAN & ASSOCIATES

    (407) 644-1234

    1 in this area

    56 Total Sales

    Barbara Friedman
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: G5044890

Stellar MLS

APN: 01-2329-6178-17-116

Florida Orange County Orlando 32806 Southern Oaks

1016 E Michigan St Unit 1, Orlando, FL

Homes for Sale in Orlando, FL

This home is located at 1016 E Michigan St Unit 1, Orlando, FL 32806 since 28 July 2021 and is currently estimated at $256,259, approximately $166 per square foot. This property was built in 1973. 1016 E Michigan St Unit 1 is a home located in Orange County with nearby schools including Blankner School, Boone High School, and Cornerstone Charter Academy High School.

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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