NOT LISTED FOR SALE

115 & 117 N Fern Creek Ave Orlando, FL 32803

Milk District Neighborhood

Estimated Value: $634,260 - $728,000

2 Beds
2 Baths
1,734 Sq Ft
$383/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $459,000 $265 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,412/month

22 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Corner Lot
  • Open Floorplan
  • Sun or Florida Room
  • 3-minute walk to Dickson Azalea Park

About This Home

As of March 2021

This Meticulously maintained duplex is located in the heart of one of Orlando's most sought after neighborhoods with charming brick streets and two city parks just a short distance away. High rent district, convenient to shops, restaurants and all that downtown Orlando has to offer. Great rental history or perfect for the owner occupant, live in one side and lease out the other. Offset your mortgage or lease both sides and enjoy the cashflow. Great for long term rental or Airbnb. Property is currently turn Key for short term rental and content can be made available for purchase separately. A rare find, almost 1800 heated living space plus each unit has a detached 1 car garage. This circa 1945 duplex boasts 2 spacious, separately metered 1/1 units with charming wood floors, plaster walls, updated electrical and plumbing. Valuable corner lot, solid block construction, architectural shingle roof, central HVAC and each unit has an inside utility room with private yard with mature landscape.

Last Agent to Sell the Property

Valerie Kennedy

COLONIALTOWN REALTY License #509029 Listed on: 01/03/2021

Last Buyer's Agent

Ed Klein

FANNIE HILLMAN & ASSOCIATES License #3246304

FANNIE HILLMAN & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,877

Year Built

  • Built in 1945

Lot Details

  • 8,366 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Fenced
  • Corner Lot
  • Oversized Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,734 Sq Ft Home
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Utility Room
  • Views of Woods
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Rain Gutters
  • Front Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / D
  • Assessor Parcel Number 30-22-30-7656-04-050

Community Details

Overview

  • 2,300 Sq Ft Building
  • Rosarden Rep Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,877

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Property Description: Walk-Up
  • Construction Materials: Block
  • Living Area: 1734.00
  • Lot Size Acres: 0.19
  • Year Built: 1945
  • Building Area Total: 2300.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5913880?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5913880?w=Customer
  • Lot Size Sq Ft: 8366
  • Building Search Sq Meters: 213.68
  • Directions to Property: From Mills and colonial Drive go East on Colonial to South (or Right) on Fern creek (turn at the Starbucks) travel south cross Robinson and the property is on the East side (left).
  • Escrow City: Orlando
  • Escrow Postal Code: 32803
  • Escrow State: FL
  • Escrow Street Name: East Robinson Street
  • Escrow Street Number: 2002
  • List Office Head Office Key Nume: 1050845
  • Status: Sold
  • Street Direction: N
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Additional Rooms: Florida Room, Inside Utility
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Levels: One
  • Living Area Meters: 161.09
  • Street Number Modifier: 115 & 117

Exterior Features

  • Exterior Features: Fenced, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Flood Zone Code: X
  • Flood Zone Date: 09/25/2009
  • Flood Zone Panel: 12095C0265F
  • View: Trees/Woods
  • Patio and Porch Features: Front Porch, Patio, Side Porch
  • Road Surface Type: Paved

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Pet Restrictions: Per City Ordinance

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: R-2A/T/HP/
  • Parcel Number: 30-22-30-7656-04-050
  • Lot Features: Corner Lot, In City Limits, Oversized Lot, Sidewalk, Street Paved
  • Lot Dimensions: 60x140
  • Lot Size Square Meters: 777

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Per city ordinance
  • Furnished: Furnished Or Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes
  • Total Actual Rent: 4200

Multi Family

  • Est Annual Market Income: 52800.00
  • Total Num Buildings: 1
  • Unit Count: 2
  • Gross Income: 50400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4877.00
  • Tax Block: D
  • Tax Book Number: G-22
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2021
Closed on
Mar 5, 2021
Sold by
Ferncreek Apartments Llc
Bought by
Karaman Devrim Erkin and Karaman Gunce
Seller's Agent
Valerie Kennedy
COLONIALTOWN REALTY
Buyer's Agent
Ed Klein
FANNIE HILLMAN & ASSOCIATES
List Price
$499,000
Sold Price
$459,000
Premium/Discount to List
-$40,000
-8.02%
Current Estimated Value
$676,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,997
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Apr 18, 2016
Sold by
Macali Neil E and Vernet Jerome C
Bought by
Ferncreek Apartments Llc

Purchase Details

Closed on
Nov 5, 2015
Sold by
Ferncreek Apartments Llc
Bought by
Vernet Jerome C and Macali Neil E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Vernet Jerome C and Macali Neil E
Bought by
Ferncreek Apartments Llc

Purchase Details

Closed on
Jan 28, 2005
Sold by
Higgins Richard A and Higgins Karleen M
Bought by
Vernet Jerone C and Macali Neil N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2004
Sold by
Mras Dorothy
Bought by
Higgins Richard A and Higgins Karleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Karaman Devrim Erkin $459,000 Advantage Title
Ferncreek Apartments Llc $120,000 Attorney
Vernet Jerome C $161,000 First American Title Insu
Ferncreek Apartments Llc -- --
Vernet Jerone C -- --
Higgins Richard A $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karaman Devrim Erkin $320,000
Previous Owner Vernet Jerome C $166,250
Previous Owner Vernet Jerone C $220,000
Previous Owner Higgins Richard A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $459,000 -8.0% $265 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $499,000 0.0% $288 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
01/03/2021 01/03/21 For Sale $499,000 -- $288 / 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 $8,680 $491,055 -- --
2024 $7,589 $491,055 -- --
2023 $7,589 $421,574 $185,000 $236,574
2022 $6,843 $368,937 $170,000 $198,937
2021 $4,814 $252,805 $165,000 $87,805
2020 $4,682 $254,452 $165,000 $89,452
2019 $4,976 $256,098 $165,000 $91,098
2018 $5,000 $254,615 $165,000 $89,615
2017 $5,019 $253,113 $165,000 $88,113
2016 $4,048 $227,276 $141,000 $86,276
2015 $3,902 $221,331 $141,000 $80,331
2014 $3,424 $178,669 $120,000 $58,669
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5913880

Stellar MLS

APN: 30-2230-7656-04-050