NOT LISTED FOR SALE

1493 Magellan Cir Unit 504 Orlando, FL 32818

West Oaks Neighborhood

Estimated Value: $213,561 - $222,000

2 Beds
2 Baths
1,398 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $120,000 $86 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,724/month

513 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • Porch
  • Screened Patio
  • Central Heating and Cooling System

About This Home

As of August 2018

Completely remodeled home with granite countertops in the kitchen and both baths, new cabinets, and tile floors. Call today to schedule a private showing

Last Agent to Sell the Property

Daniel Johnson

LPT REALTY, LLC License #3053339 Listed on: 02/07/2017

LPT REALTY, LLC

Last Buyer's Agent

Gerd Schwarzenberg

IG REAL ESTATE SERVICES LLC License #3244413

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1974

Lot Details

  • 0.29 Acre Lot
  • Land Lease expires 10/1/17

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Villa
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,398 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Laurel Hills 01 Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,450

Year Built

Built in 1974

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1398
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1398
  • Lot Size Sq Ft: 12652
  • Directions to Property: From Hwy 50 and Hiawassee head north on Hiawassee to a left on Balboa to a left on Magellan, follow to 1493
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5490488&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5490488&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 85.84
  • Close to Original List Price Ratio: 0.92379
  • Ratio: Current Price\Building Area Total: 85.84
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Electric Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Street Number Modifier: 1493
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0240F

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 285
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3420
  • Monthly HOA Fee: 285
  • Total Monthly Fees: 285

Lot Info

  • Zoning: P-D
  • Parcel Number: 23-22-28-7980-00-504
  • Additional Parcels: No
  • Lot Features: In County
  • Property Attached Yn: Yes
  • Millage Rate: 16.6
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Land Lease Expiration Date: 2017-10-01
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Approval Process: HOA application
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 950
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 1450
  • Tax Block: 1/85
  • Tax Book Number: 1-85
  • Tax Lot: 504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Aug 10, 2018
Sold by
Griffiths David
Bought by
Melise Jennifer and Lugo Rebekah
Seller's Agent
Daniel Johnson
LPT REALTY, LLC
Buyer's Agent
Gerd Schwarzenberg
IG REAL ESTATE SERVICES LLC
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$217,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,943
Avg. Annual Appreciation
8.89%
Original Mortgage
$114,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2016
Sold by
Federal National Mortgage Association
Bought by
Griffiths David

Purchase Details

Closed on
Oct 14, 2015
Sold by
Peraza Florence and Rosario Victor M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 5, 2001
Sold by
Lowell J Vanderpool M and Vanderpool M Frances F
Bought by
Peraza Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,081
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 1996
Sold by
Dering Joann A
Bought by
Vanderpool Lowell J and Vanderpool Frances F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,100
Interest Rate
8.02%
Mortgage Type
New Conventional
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
Melise Jennifer $120,000 None Available
Griffiths David $70,000 First International Title
Federal National Mortgage Association $61,800 None Available
Peraza Florence $87,000 --
Vanderpool Lowell J $62,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melise Jennifer $123,800
Closed Melise Jennifer $114,000
Closed Melise Jennifer $7,500
Previous Owner Peraza Florence $255,000
Previous Owner Peraza Florence $56,000
Previous Owner Vanderpool Lowell J $38,081
Previous Owner Vanderpool Lowell J $50,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $120,000 0.0% $86 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
07/03/2018 07/03/18 Price Changed $120,000 0.0% $86 / Sq Ft
07/03/2018 07/03/18 For Sale $120,000 +14.3% $86 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
04/07/2018 04/07/18 Price Changed $105,000 -12.4% $75 / Sq Ft
03/04/2018 03/04/18 For Sale $119,900 -0.1% $86 / Sq Ft
02/24/2018 02/24/18 Off Market $120,000 -- --
01/19/2018 01/19/18 Price Changed $119,900 0.0% $86 / Sq Ft
01/19/2018 01/19/18 For Sale $119,900 -0.1% $86 / Sq Ft
08/28/2017 08/28/17 Off Market $120,000 -- --
02/07/2017 02/07/17 For Sale $129,900 -- $93 / 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 $2,837 $155,487 -- --
2024 $2,349 $155,487 -- --
2023 $2,349 $139,800 $27,960 $111,840
2022 $2,131 $125,800 $25,160 $100,640
2021 $1,929 $106,200 $21,240 $84,960
2020 $1,820 $106,200 $21,240 $84,960
2019 $1,726 $92,300 $18,460 $73,840
2018 $1,446 $74,100 $14,820 $59,280
2017 $1,450 $74,100 $14,820 $59,280
2016 $1,457 $74,100 $14,820 $59,280
2015 $1,380 $67,900 $13,580 $54,320
2014 $731 $67,900 $13,580 $54,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5490488

Stellar MLS

APN: 23-2228-7980-00-504