NOT LISTED FOR SALE

Estimated Value: $190,000 - $257,000

3 Beds
1 Bath
1,243 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $89,000 $72 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,504/month

65 Days on Market

Highlights

  • Open Floorplan
  • Cooling System Mounted To A Wall/Window
  • East Facing Home
  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window

About This Home

As of June 2020

Investment property, with a new tenant in place, income producing. Great to add to your portfolio of rental properties. Not suitable for an FHA loan as there is a year lease in place. 3 bedroom, 1 bath home with an open floor plan. Refrigerator and Range included. Conveniently located to hospitals, shopping, downtown, I-4 and the 408.

Last Agent to Sell the Property

Robert Crager

REO WHOLESALE PROPERTIES LLC License #615250 Listed on: 03/25/2020

Last Buyer's Agent

Carmen Lahtela

SUAREZ REALTY INC. License #3337469

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot
  • East Facing Home
  • Land Lease expires 3/31/21
  • Property is zoned R-2A/T/AN

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,243 Sq Ft Home
  • Open Floorplan
  • Tile Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Hughey Heights Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$853

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1243
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1950
  • Lot Size Sq Ft: 13537
  • Directions to Property: From downtown Orlando, go south on Orange Ave., then turn right onto W. Kaley Ave. Then turn right on W. Miller St., and right onto Nieuport Ln. 1508 Nieuport Ln. is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5853777?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5853777?w=Customer
  • 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: 0.712
  • Price per Sq Ft: 71.6
  • Close to Original List Price Ratio: 0.712
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Open Floorplan
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1508
  • Room Count: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • 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/AN
  • Parcel Number: 35-22-29-3772-02-080
  • Additional Parcels: No
  • Flood Zone Code: X
  • Land Lease Expiration Date: 2021-03-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 8-12 Months
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1100
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: The lease restrictions are up to the ownership.

Tax Info

  • Tax Annual Amount: 852.54
  • Tax Block: B
  • Tax Book Number: 123
  • Tax Lot: 8, 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Cruz Aquisitions Llc and Balkan Capital Group Llc
Bought by
Espadas Evelyn
Current Estimated Value
$231,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Outstanding Balance
$247,733
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
-$17,561

Purchase Details

Closed on
Oct 10, 2023
Sold by
Lucrecia B Pennel Revocable Living Trust
Bought by
Cruz Aquisitions Llc and Balkan Capital Group Llc

Purchase Details

Closed on
Apr 2, 2021
Sold by
Cruz Robert Y
Bought by
Luxenberg Lucrecia B and Pennel Lucreca B

Purchase Details

Listed on
Mar 25, 2020
Closed on
Jun 15, 2020
Sold by
Cpr Rentals Llc
Bought by
Cruz Robert Yael
Seller's Agent
Robert Crager
REO WHOLESALE PROPERTIES LLC
Buyer's Agent
Carmen Lahtela
SUAREZ REALTY INC.
List Price
$125,000
Sold Price
$89,000
Premium/Discount to List
-$36,000
-28.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.92%

Purchase Details

Closed on
Jan 17, 2014
Sold by
County Of Orange
Bought by
Cpr Rentals

Purchase Details

Closed on
Jun 4, 2004
Sold by
Laurent Ivertina
Bought by
Kelly Emile

Purchase Details

Closed on
Jul 12, 2001
Sold by
Bavek S Shergill M and Gurdip K Shergill M
Bought by
Laurent Ivertina and Emile Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,272
Interest Rate
7.23%
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
Espadas Evelyn $255,000 None Listed On Document
Cruz Aquisitions Llc $192,500 None Listed On Document
Luxenberg Lucrecia B $160,000 Cobblestone Title Svcs Llc
Cruz Robert Yael $89,000 Southeast Professional Ttl L
Cpr Rentals $8,984 None Available
Kelly Emile -- --
Laurent Ivertina $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espadas Evelyn $250,381
Previous Owner Laurent Ivertina $59,272
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $89,000 -28.8% $72 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $125,000 -- $101 / 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 $3,233 $164,250 $60,000 $104,250
2024 $3,014 $159,210 $60,000 $99,210
2023 $3,014 $152,635 $60,000 $92,635
2022 $2,771 $138,567 $60,000 $78,567
2021 $1,759 $81,402 $33,500 $47,902
2020 $978 $58,400 $30,000 $28,400
2019 $853 $37,531 $19,900 $17,631
2018 $798 $33,045 $12,500 $20,545
2017 $741 $28,193 $11,730 $16,463
2016 $696 $24,339 $8,500 $15,839
2015 $640 $19,001 $4,650 $14,351
2014 $615 $19,445 $4,650 $14,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5853777

Stellar MLS

APN: 35-2229-3772-02-080