NOT LISTED FOR SALE

Estimated Value: $466,000 - $491,000

2 Beds
2 Baths
1,078 Sq Ft
$442/Sq Ft Est. Value

Last Sold April 18, 2025

Last sale price $479,000 $444 Per Sq Ft

Current estimated payment $3,062/month

25 Days on Market

Highlights

  • No HOA
  • Oversized Parking
  • Central Air
  • Covered Patio or Porch
  • Tile Flooring
  • Ceiling Fan

About This Home

As of April 2025

Located in the heart of Orlando, 116 N Mills Ave DUPLEX presents an incredible opportunity in one of the city’s most vibrant and sought-after areas. Whether looking for a prime residential property or a unique investment opportunity, this property offers endless potential. Featuring TWO 1-bedroom, 1-bathroom mirrored units and TONS of off-street rear parking. The laundry is onsite for the tenant's convenience. This nicely sized lot is 7,051 sqft, with dimensions of 68 x 103, and zoned R-2 leaving you options to build now or in the future. Recent updates include: 30-year Architectural Shingle Roof 2011, electrical panels, one AC 2018, repiped with CPVC. The seller will replace one AC and both water heaters before closing. Recent 4-points are available upon request.

Situated in the dynamic THORNTON PARK district, this property provides unparalleled access to some of Orlando’s best dining, shopping, and entertainment options. The location boasts excellent walkability and is just minutes from Downtown Orlando, Lake Eola, and major roadways, making it ideal for those seeking both convenience and lifestyle.

Don’t miss your chance to own a property in this thriving area. Whether you envision a charming home or a trendy investment property, 116 N Mills Ave is ready for your vision. Schedule your private showing today!

Last Agent to Sell the Property

Angela McCloskey

KELLER WILLIAMS REALTY AT THE PARKS Brokerage Phone: 407-629-4420 License #3338930 Listed on: 02/20/2025

KELLER WILLIAMS REALTY AT THE PARKS

Last Buyer's Agent

Jacky Herrera

COMPASS FLORIDA LLC License #3473677

COMPASS FLORIDA LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,793

Year Built

  • Built in 1953

Lot Details

  • 7,051 Sq Ft Lot
  • Lot Dimensions are 68.45 x 103

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,078 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Security Lights

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Lake Como Elementary School
  • Lake Como School K-8 Middle School
  • Edgewater High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Thornton Park Add Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,793

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1078
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1953
  • Lot Size Sq Ft: 7051
  • Tenant Pays: Electricity, Water
  • Directions to Property: Mills Ave S, turn left on Washington, left on Mills. Duplex is on the left.
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Altamonte Springs
  • Escrow Postal Code: 32714
  • Escrow State: FL
  • Escrow Street Name: N. Westmonte Dr. Suite 1006
  • Escrow Street Number: 217
  • List Office Head Office Key Nume: 1052435
  • RATIO Current Price By Calculate: 444.34
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 407-629-4420
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds
  • Street Number Modifier: 116
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 100.15

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Off Street, Open, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security Lights
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Per City of Orlando zoning guidelines

Fee Information

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

Schools

  • Elementary School: Lake Como Elem
  • High School: Edgewater High
  • Middle Or Junior School: Lake Como School K-8

Lot Info

  • Zoning: R-2A/T/HP
  • Parcel Number: 25-22-29-8640-02-030
  • Additional Parcels: No
  • Lot Dimensions: 68.45 x 103
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 655

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 1200
  • Additional Lease Restrictions: Per City of Orlando zoning guidelines

Multi Family

  • Gross Income: 28800
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 5793.42
  • Tax Block: B
  • Tax Book Number: E-24
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Apr 18, 2025
Sold by
Eric J Johannessen Revocable Trust and Johannessen Eric J
Bought by
Dela Cruz Christopher
Seller's Agent
Angela McCloskey
KELLER WILLIAMS REALTY AT THE PARKS
Buyer's Agent
Jacky Herrera
COMPASS FLORIDA LLC
List Price
$494,900
Sold Price
$479,000
Premium/Discount to List
-$15,900
-3.21%
Views
64
Current Estimated Value
$476,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,060
Avg. Annual Appreciation
-1.10%
Original Mortgage
$438,644
Outstanding Balance
$437,091
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$39,849

Purchase Details

Closed on
Oct 3, 2003
Sold by
Karakoosh Mathew Paul
Bought by
Johannessen Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2002
Sold by
Jeffrey P Karakoosh M and Patricia Karakoosh M
Bought by
Karakoosh Mathew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,550
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 1994
Sold by
Santos Frank A
Bought by
Karakoosh Jeffrey P and Karakoosh Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,958
Interest Rate
8.28%
Mortgage Type
FHA
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
Dela Cruz Christopher $479,000 Innovative Title
Johannessen Eric J $205,000 --
Karakoosh Mathew P -- --
Karakoosh Jeffrey P $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Cruz Christopher $438,644
Previous Owner Johannessen Eric J $120,000
Previous Owner Karakoosh Mathew P $92,550
Previous Owner Karakoosh Jeffrey P $81,958
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $479,000 0.0% $444 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $479,000 -3.2% $444 / Sq Ft
03/08/2025 03/08/25 Price Changed $494,900 0.0% $459 / Sq Ft
03/08/2025 03/08/25 For Sale $494,900 -1.0% $459 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $499,900 -- $464 / 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 $5,793 $329,673 -- --
2024 $5,070 $328,370 $225,000 $103,370
2023 $5,070 $274,713 $185,000 $89,713
2022 $4,623 $247,688 $170,000 $77,688
2021 $4,352 $228,985 $160,000 $68,985
2020 $3,922 $213,007 $160,000 $53,007
2019 $3,984 $204,613 $160,000 $44,613
2018 $4,013 $203,967 $160,000 $43,967
2017 $4,039 $203,304 $160,000 $43,304
2016 $3,897 $202,467 $160,000 $42,467
2015 $3,772 $201,144 $160,000 $41,144
2014 $3,548 $189,659 $160,000 $29,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6282446

Stellar MLS

APN: 25-2229-8640-02-030