NOT LISTED FOR SALE

1245 Virginia Dr Orlando, FL 32803

Colonialtown North Neighborhood

Estimated Value: $532,408 - $574,000

4 Beds
2 Baths
1,571 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $390,000 $248 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,700/month

2 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 4-minute walk to Colonialtown Park
  • Audubon Park School Rated A-
  • Fenced

About This Home

As of October 2019

Very nice rehabbed Duplex in the heart of Orlando. Each duplex features remodeled Kitchens, bathrooms, new flooring and paint. They show very well. The location is fantastic, right in the middle of everything that is happening on Mills as well as downtown. The duplex always stays rented due to location and pulls in a combined 2,950.00 a month. this is a turn key investment.

Last Agent to Sell the Property

Troy Eggleston

OUTLET REALTY License #3085163 Listed on: 08/30/2019

Last Buyer's Agent

Anthony Figueroa LLC

OUTLET REALTY License #3271063

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,705

Year Built

  • Built in 1959

Lot Details

  • 7,296 Sq Ft Lot
  • Lot Dimensions are 75x110
  • Fenced

Parking

  • 1 Carport Space

Home Design

  • 1,571 Sq Ft Home
  • Duplex
  • Built-Up Roof
  • Block Exterior

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Legal Lot and Block 1 / L
  • Assessor Parcel Number 24-22-29-5972-12-011

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Park Subdivision

Building Details

  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,705

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1571
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1959
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 7296
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: Mills to right on Virginia. Property is on the left on Virginia.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5809065?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5809065?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 4077333302
  • Ratio: Close Price\List Price: 1.00257
  • Price per Sq Ft: 248.25
  • Close to Original List Price Ratio: 1.00257
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1245
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0255F

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-2A/T/SP
  • Parcel Number: 24-22-29-5972-12-011
  • Additional Parcels: No
  • Lot Dimensions: 75x110
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 2950
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 35400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3705
  • Tax Block: L
  • Tax Book Number: E-78
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 4, 2019
Sold by
Flat Head Property Llc
Bought by
Sanders Ladarrius and Sanders Alice L
Seller's Agent
Troy Eggleston
OUTLET REALTY
Buyer's Agent
Anthony Figueroa LLC
OUTLET REALTY
List Price
$389,000
Sold Price
$390,000
Premium/Discount to List
$1,000
0.26%
Current Estimated Value
$562,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,032
Avg. Annual Appreciation
5.62%
Original Mortgage
$292,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2016
Sold by
Virginia Drive Llc
Bought by
Flat Head Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,382,850
Interest Rate
3.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 12, 2013
Sold by
Germaine John A and Germaine Sharon E
Bought by
Germaine Sharon E

Purchase Details

Closed on
Oct 20, 1995
Sold by
Wood Lynn
Bought by
Wood Walter P
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sanders Ladarrius $390,000 Attorney
Flat Head Property Llc -- Attorney
Germaine Sharon E -- None Available
Wood Walter P $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Ladarrius $306,500
Closed Sanders Ladarrius $292,500
Previous Owner Flat Head Property Llc $2,254,000
Previous Owner Flat Head Property Llc $1,382,850
Previous Owner Flat Head Property Llc $1,382,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $390,000 +0.3% $248 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $389,000 -- $248 / 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 $7,481 $436,170 $185,000 $251,170
2024 $6,961 $403,470 $185,000 $218,470
2023 $6,961 $387,359 $185,000 $202,359
2022 $6,380 $355,171 $185,000 $170,171
2021 $5,815 $309,317 $160,000 $149,317
2020 $5,118 $280,652 $130,000 $150,652
2019 $3,838 $197,338 $115,000 $82,338
2018 $3,705 $195,998 $115,000 $80,998
2017 $3,327 $166,694 $93,730 $72,964
2016 $3,304 $162,454 $91,000 $71,454
2015 $2,402 $138,111 $71,000 $67,111
2014 $2,094 $109,770 $65,000 $44,770
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Troy Eggleston

    OUTLET REALTY

    (407) 733-3302

    1 in this area

    59 Total Sales

    Section Image
  • Anthony Figueroa LLC

    Buyer's Agent in 2019

    Anthony Figueroa LLC

    OUTLET REALTY

    (407) 285-8679

    1 in this area

    47 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: O5809065

Stellar MLS

APN: 24-2229-5972-12-011

Florida Orange County Orlando 32803 Colonialtown North

1245 Virginia Dr, Orlando, FL

This home is located at 1245 Virginia Dr, Orlando, FL 32803 since 30 August 2019 and is currently estimated at $554,852, approximately $353 per square foot. This property was built in 1959. 1245 Virginia Dr is a home located in Orange County with nearby schools including Audubon Park School, Edgewater High School, and Lake Highland Preparatory 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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