NOT LISTED FOR SALE

1500 Michigan Ave Winter Park, FL 32789

Estimated Value: $595,000 - $919,000

8 Beds
4 Baths
2,520 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $757,500 $301 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,329/month

28 Days on Market

Highlights

  • No HOA
  • Oversized Parking
  • Central Air
  • Front Porch
  • Tile Flooring
  • Ceiling Fan

About This Home

As of March 2019

Take advantage of this amazing investment opportunity! This unique QUADPLEX with a Winter Park address and **NO HOA** includes four, two-bedroom, 1 bath units. All four units are COMPLETELY RENOVATED with modern finishes (2016) including WOOD-LOOK TILE FLOORS, UPDATED LIGHTING FIXTURES and NEUTRAL TONES. The beautiful kitchens boast NEW CABINETS, STONE COUNTERTOPS and STAINLESS STEEL APPLIANCES. Both buildings are SOLID CONCRETE BLOCK CONSTRUCTION with METAL ROOFS and feature cozy FRONT PORCHES for each unit. OVERSIZED Common area parking allows for abundant parking space. Amazing location right in the heart of the trendy Mills 50 District, offering superb dining and shopping experiences, many within walking distance, and only 1 mile from Rollins College. Drive less then 10 minutes to get to Downtown Orlando or enjoy the tranquil green space of Mead Botanical Garden. The prime opportunity to invest is waiting!

Last Agent to Sell the Property

Jennifer Wemert

WEMERT GROUP REALTY LLC License #3044371 Listed on: 01/25/2019

WEMERT GROUP REALTY LLC

Co-Listed By

Corey Welch

WEMERT GROUP REALTY LLC License #3280680

Last Buyer's Agent

Jennifer King

CORCORAN PREMIER REALTY License #3012268

CORCORAN PREMIER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,045

Year Built

  • Built in 1970

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 140x125

Home Design

  • Quadruplex
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,520 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Parking Pad
  • Oversized Parking
  • Common or Shared Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch

Schools

  • Killarney Elementary School
  • College Park Middle School
  • Edgewater High School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2,664 Sq Ft Building
  • Lawndale Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,045

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2520
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 2664
  • Lot Size Sq Ft: 17502
  • Tenant Pays: Electricity, Water
  • Directions to Property: From Fairbanks take 17/92 south, turn right onto Michigan,(before Orange Ave) property will be on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5759490&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5759490&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: Yes
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94806
  • Price per Sq Ft: 300.6
  • Close to Original List Price Ratio: 0.94806
  • Ratio: Current Price\Building Area Total: 284.35
  • View: No
  • Co List Office Mls Id: 261014414
  • Co List Office Phone: 407-796-9279
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Levels: One
  • Street Number Modifier: 1500
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0255F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Driveway, Off Street, Open, Oversized, Parking Pad
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: Yes
  • Amenities Additional Fees: Buyer to verify leasing restrictions with city/county.
  • Association Approval Required YN: No

Schools

  • Elementary School: Killarney Elem
  • High School: Edgewater High
  • Middle Or Junior School: College Park Middle

Lot Info

  • Zoning: R-2
  • Parcel Number: 12-22-29-4996-05-110
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Lot Dimensions: 140x125
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 1350
  • Minimum Lease: 8-12 Months
  • Approval Process: Buyer to verify leasing restrictions with city/county.
  • Pet Restrictions: Buyer to verify pet restrictions with city/county.
  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6045
  • Tax Block: E
  • Tax Book Number: H-118
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Mar 29, 2019
Sold by
Klimkowski Bradley and Klimkowski Michelle Rae
Bought by
Boss Real Estate Llc
Seller's Agent
Jennifer Wemert
WEMERT GROUP REALTY LLC
Buyer's Agent
Jennifer King
CORCORAN PREMIER REALTY
List Price
$799,000
Sold Price
$757,500
Premium/Discount to List
-$41,500
-5.19%
Current Estimated Value
$787,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,464
Avg. Annual Appreciation
0.77%

Purchase Details

Closed on
Jul 21, 2016
Sold by
Klimkowski Bradley
Bought by
Klimkowski Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,229
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2014
Sold by
Benton Wesley G and Benton Sandra J
Bought by
Cholak David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
4.17%
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
Boss Real Estate Llc $757,500 Nona Title Inc
Klimkowski Bradley $429,000 City Title Services
Cholak David $137,500 First American Title
Cholak David $137,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klimkowski Bradley $421,229
Previous Owner Cholak David $206,000
Previous Owner Benton Wesley G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $757,500 -5.2% $301 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $799,000 -- $317 / 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 $13,571 $835,270 $285,000 $550,270
2024 $12,415 $763,610 $285,000 $478,610
2023 $12,415 $727,834 $285,000 $442,834
2022 $11,280 $656,968 $285,000 $371,968
2021 $10,483 $596,006 $270,000 $326,006
2020 $10,154 $598,556 $270,000 $328,556
2019 $6,194 $361,672 $0 $0
2018 $6,145 $354,928 $0 $0
2017 $6,045 $347,628 $155,000 $192,628
2016 $4,560 $219,713 $130,000 $89,713
2015 $4,365 $203,092 $117,000 $86,092
2014 $3,965 $174,060 $112,000 $62,060
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Wemert

    Seller's Agent in 2019

    Jennifer Wemert

    WEMERT GROUP REALTY LLC

    (321) 567-1293

    10 in this area

    3,518 Total Sales

    Jennifer Wemert
    Section Image
  • Corey Welch

    Seller Co-Listing Agent in 2019

    Corey Welch

    WEMERT GROUP REALTY LLC

    (407) 462-9915

    1 in this area

    276 Total Sales

    Corey Welch
    Section Image
  • Jennifer King

    Buyer's Agent in 2019

    Jennifer King

    CORCORAN PREMIER REALTY

    (407) 595-3272

    1 in this area

    102 Total Sales

    Jennifer King
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5759490

Stellar MLS

APN: 12-2229-4996-05-110

Florida Orange County Winter Park 32789

1500 Michigan Ave, Winter Park, FL

This home is located at 1500 Michigan Ave, Winter Park, FL 32789 since 25 January 2019 and is currently estimated at $787,964, approximately $312 per square foot. This property was built in 1970. 1500 Michigan Ave is a home located in Orange County with nearby schools including Killarney Elementary School, College Park Middle School, and Edgewater High 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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