NOT LISTED FOR SALE

Estimated Value: $511,000 - $586,093

7 Beds
3 Baths
3,729 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2023

Last sale price $484,000 $130 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,675 / mo

25 Days on Market

Highlights

  • 0.81 Acre Lot
  • Solid Surface Countertops
  • Balcony
  • Main Floor Primary Bedroom
  • No HOA
  • Outdoor Storage

About This Home

As of April 2023

MULTIPLE OFFERS. Please submit your highest and best offer by Wednesday, 1/25/2023 @ 5:00 p.m.

Looking for a smart investment opportunity? Look no further than this beautiful property!
This unique property sits on just under one acre. The property sits 0.1 miles off of East Colonial. Well off the beaten path, you will have plenty of privacy and ample parking for you and all of your guests. Currently listed on the county records as a duplex but with a bit of modification it could easily be a triplex. Or use it as a mother-in-law suite. The possibilities are great! Zoned R-2! If all 3 units were rented you could expect approximately $6,000 in rental income each month.
Close to UCF and the Space Coast and a short drive to downtown Orlando.
The current owners live in the main area and are renting the back 3 bedroom unit. The renters will vacate the property prior to closing.
With a strong rental market and solid appreciation potential, this property is sure to be a great investment for years to come. Don't miss out on this chance to own a piece of the American Dream - schedule a showing today!

Last Agent to Sell the Property

Kristine Charles

CHARLES RUTENBERG REALTY ORLANDO License #3371394 Listed on: 01/19/2023

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

Michael House

JASON MITCHELL REAL ESTATE FLO License #3351738

JASON MITCHELL REAL ESTATE FLO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,083

Year Built

  • Built in 1985

Lot Details

  • 35,284 Sq Ft Lot
  • Dirt Road

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,729 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Castle Creek Elementary School
  • Discovery Middle School
  • East River High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,083

Year Built

Built in 1985

Lot Details

0.81 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3729
  • Lot Size Acres: 0.81
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 35284
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: Pasadena Place
  • RATIO Current Price By Calculate: 129.79
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Solid Surface Counters
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Water Softener
  • Foundation Details: Block
  • Total Bedrooms: 7
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 346.44

Exterior Features

  • Exterior Features: Balcony, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Dirt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0295F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Schools

  • Elementary School: Castle Creek Elem
  • High School: East River High
  • Middle Or Junior School: Discovery Middle

Lot Info

  • Zoning: R-2
  • Parcel Number: 24-22-31-0000-00-089
  • Additional Parcels: No
  • Flood Zone Code: A

Multi Family

  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 3
  • Est Annual Market Income: 36000.00

Tax Info

  • Tax Annual Amount: 4083
  • Tax Block: 24 22
  • Tax Book Number: 10724/3943
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Apr 25, 2023
Sold by
Trinidad Pichardo and Trinidad Jose J
Bought by
Velazquez Gabriel and Velazquez Katherina
Seller's Agent
Kristine Charles
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Michael House
JASON MITCHELL REAL ESTATE FLO
List Price
$496,300
Sold Price
$484,000
Premium/Discount to List
-$12,300
-2.48%
Views
246
Current Estimated Value
$562,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,023
Avg. Annual Appreciation
4.99%
Original Mortgage
$450,686
Outstanding Balance
$434,827
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$127,197

Purchase Details

Closed on
Nov 16, 2016
Sold by
Estevez Anny and Trinidad Jose Julio
Bought by
Hullett John R and Grovigation Inc

Purchase Details

Closed on
Mar 24, 2013
Sold by
Grovigation Inc
Bought by
Estevez Anny and Trinidad Jose Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.3%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Velazquez Gabriel $484,000 Saint Lawrence Title
Hullett John R -- Attorney
Estevez Anny $150,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Velazquez Gabriel $450,686
Previous Owner Estevez Anny $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $484,000 0.0% $130 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/27/2023 01/27/23 Off Market $484,000 -- --
01/19/2023 01/19/23 For Sale $496,300 -- $133 / Sq Ft
Source: Stellar MLS

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
2026 $8,128 $469,968 $15,878 $454,090
2025 $8,128 $477,318 $15,878 $461,440
2024 $4,581 $400,928 $15,878 $385,050
2023 $4,581 $271,334 $15,878 $255,456
2022 $4,083 $232,839 $15,878 $216,961
2021 $3,767 $206,615 $15,878 $190,737
2020 $3,659 $208,361 $15,878 $192,483
2019 $3,849 $209,106 $15,878 $193,228
2018 $3,813 $204,312 $15,878 $188,434
2017 $3,753 $199,608 $15,878 $183,730
2016 $3,722 $195,932 $17,500 $178,432
2015 $3,329 $191,554 $17,000 $174,554
2014 $2,724 $154,338 $17,000 $137,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6084230

Stellar MLS

APN: 24-2231-0000-00-089

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