NOT LISTED FOR SALE

Estimated Value: $199,761 - $272,000

2 Beds
2 Baths
1,056 Sq Ft
$227/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $265,000 $251 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,537/month

155 Days on Market

Highlights

  • Property is near public transit
  • Tile Flooring
  • 2-minute walk to Kaley Square Park
  • No HOA

About This Home

As of February 2024

Prime Investment and living Opportunity: Income-Generating 2 Units each with 1 bedroom and 1 bathroom Prime Investment Opportunity: Income-Generating 2 Units. Each with 1 bedroom,1 bathroom, family room and kitchen. Explore everything Downtown Orlando have to offer. This prime rental property offers a strategic location for those looking to capitalize on the thriving rental market. Situated in close proximity to downtown's attractions, businesses, and entertainment, this property is a gateway to consistent rental demand. Unlock the potential of this remarkable investment opportunity, featuring two separate units, This property promises dual income streams and an avenue for substantial returns. Investors will appreciate the potential for strong cash flow and long-term appreciation in this sought-after area. Whether you're an experienced investor expanding your portfolio or someone entering the real estate investment world, this property's promising location and attributes make it a compelling opportunity. Don't miss your chance to seize this strategic investment that combines convenience, growth potential, and a gateway to downtown Orlando's dynamic lifestyle.

Last Agent to Sell the Property

Yennyfer C Garcia

JOURNEY HOMES REALTY LLC Brokerage Phone: 888-883-8509 License #3239339 Listed on: 08/28/2023

Last Buyer's Agent

Cara Britain

CENTURY 21 CARIOTI License #3421917

CENTURY 21 CARIOTI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1965

Lot Details

  • 6,747

Parking

  • 2 Carport Spaces

Home Design

  • 1,056 Sq Ft Home
  • Duplex
  • Block Foundation
  • Shingle Roof
  • Block Exterior
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Bathrooms

Schools

  • Grand Avenue Elementary School
  • Memorial Middle School
  • Jones High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Additional Features

  • Dishwasher
  • 6,747 Sq Ft Lot
  • Property is near public transit

Community Details

  • No Home Owners Association
  • 1,637 Sq Ft Building
  • Angebilt Add Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,626

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1056
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1965
  • Building Area Total: 1637
  • Lot Size Sq Ft: 6747
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 152.08
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: Village Park Dr ste 245
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 250.95
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 888-883-8509
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Interior Amenities: Split Bedroom
  • Appliances Included: Dishwasher, Refrigerator
  • Foundation Details: Block, Concrete Perimeter
  • Total Bedrooms: 2
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 98.11

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Heat Pump, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Fee Information

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

Schools

  • Elementary School: Grand Avenue Elem
  • High School: Jones High
  • Middle Or Junior School: Memorial Middle

Lot Info

  • Zoning: R-2
  • Parcel Number: 03-23-29-0180-27-040
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit
  • Flood Zone Code: AE

Rental Info

  • Lease Restrictions YN: 0

Multi Family

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

Tax Info

  • Tax Annual Amount: 2626
  • Tax Block: 27
  • Tax Book Number: 000H/0079
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Nics Rentals Llc
Bought by
Smith Nicole
Current Estimated Value
$239,190

Purchase Details

Listed on
Aug 28, 2023
Closed on
Feb 10, 2024
Sold by
Bobs Apts Llc
Bought by
Nics Rentals Llc
Seller's Agent
Yennyfer C Garcia
JOURNEY HOMES REALTY LLC
Buyer's Agent
Cara Britain
CENTURY 21 CARIOTI
List Price
$279,990
Sold Price
$265,000
Premium/Discount to List
-$14,990
-5.35%
Views
671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.12%
Original Mortgage
$212,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2023
Sold by
Ramesh Dianand and Ramesh Sherominie
Bought by
Bobs Apts Llc

Purchase Details

Closed on
Apr 9, 2021
Sold by
Pittman James T and Pittman Debra L
Bought by
Ramesh Dianand and Ramesh Sherominie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Nicole $100 None Listed On Document
Nics Rentals Llc $265,000 None Listed On Document
Nics Rentals Llc $265,000 None Listed On Document
Bobs Apts Llc $100 None Listed On Document
Ramesh Dianand $165,000 The Title Insurance Team
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nics Rentals Llc $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2024 02/12/24 Sold $265,000 -5.4% $251 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $279,990 0.0% $265 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $279,990 0.0% $265 / Sq Ft
11/25/2023 11/25/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $279,990 0.0% $265 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $279,990 -- $265 / 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 $3,537 $205,430 $50,000 $155,430
2024 $2,906 $179,590 $50,000 $129,590
2023 $2,906 $149,434 $50,000 $99,434
2022 $2,626 $133,690 $50,000 $83,690
2021 $1,561 $102,051 $50,000 $52,051
2020 $1,475 $103,128 $50,000 $53,128
2019 $1,356 $82,133 $35,000 $47,133
2018 $1,236 $67,400 $20,000 $47,400
2017 $1,105 $54,263 $10,925 $43,338
2016 $1,019 $48,584 $6,000 $42,584
2015 $931 $38,298 $6,000 $32,298
2014 $954 $32,914 $10,000 $22,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6137655

Stellar MLS

APN: 03-2329-0180-27-040