NOT LISTED FOR SALE

Estimated Value: $176,000 - $233,000

1 Bed
1 Bath
975 Sq Ft
$615/mo HOA Fee

Last Sold October 18, 2023

Last sale price $200,000 $205 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,928/month

54 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Contemporary Architecture
  • Gated Community
  • Clubhouse
  • Wood Flooring

About This Home

As of October 2023

** PRICED REDUCED FOR IMMEDIATE SALE ** SELLER FINANCING AVAILABLE * DON'T MISS OPPORTUNITY TO BUY THIS UNIT BEFORE IT IS LISTED AS A RENTAL * PRIVATE PATIO OVERLOOKING POOL - STEPS AWAY * 500 FEET FROM LAKE EOLA PARK * BEST LOCATION IN DOWNTOWN ORLANDO * LARGE LIVING ROOM/OFFICE ROOM * RENOVATED CLUBROOM * FITNESS CENTER * CONFERENCE ROOM * GROUND LEVEL PARKING SPACE * AMAZON HUB * EV CHARGING AVAILABLE IN GARAGE * Condo Fees include: Association Dues, Reserves Funding and Utilities (OUC Chilled Water for Air Conditioning, Hot/Cold Water, Trash and Sewage). City living in the best location in downtown Orlando, less than 500 feet from beautiful Lake Eola. Private porch on pool level with view of Lake Eola amphitheater and Orlando's signature fountain. Master bedroom with ensuite bathroom, individual thermostat controls. Direct access to the pool (same level), just footsteps away from the back door of the private balcony/porch. Incredible views of the large pool, tiki bar and Rosalind Ave. Freshly painted interior throughout, wood floors, with stainless steel appliances, ceramic tile bathrooms with quartz and granite counter tops. Updated LED lighting in kitchen and closet, all new electric switches and outlets and carpet in the master bedroom. The ultimate boutique city life experience lakefront with only 128 residence units (no waiting for elevators or gym equipment). Proxy and key card access to common areas and individual units. Trash valet and recycling program with collection areas on each floor. Package receiving with Amazon Hub automated system. Full fitness center. Clubroom and available for use and private functions. Executive conference room. Parking for one assigned space on street level and in a gated, covered garage facility - be on the road in less than 1 minute! Large Living Room or Office. Utilities include A/C chilled water, hot water, trash, and sewage. 1GB up/down internet available. Easy walk to Publix, Lake Eola farmers market, Orange Ave night clubs and restaurants, Thornton Park, Dr. Phillips Center, Amway Center, library, court house plus UPS/FedEx stores. Front row seating for 4th of July fireworks, parades and events!

Last Agent to Sell the Property

Bryan Fangman

PRECISION APPROACH REALTY LLC Brokerage Phone: 407-358-6996 License #679904 Listed on: 08/04/2023

PRECISION APPROACH REALTY LLC

Last Buyer's Agent

Ronald Lieberman

AMERICAN REAL ESTATE & DEVELOP License #135177

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1963

Lot Details

  • 1.92

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 975 Sq Ft Home
  • Family Room Off Kitchen

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Zoned Heating and Cooling
  • Thermostat

Additional Features

  • Balcony
  • North Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, gas, insurance, maintenance structure, ground maintenance, management, pest control, security, sewer, trash, water
  • Cheryl Bond Association, Phone Number (407) 849-0246
  • Visit Association Website
  • Mid-Rise Condominium
  • Metropolitan/Lk Eola Subdivision
  • The community has rules related to deed restrictions
  • 6-Story Property

Amenities

  • Elevator

Recreation

  • Park

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,830

Year Built

Built in 1963

Lot Details

0

HOA Fees

$615 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 975
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 975
  • Status: Sold
  • Street Direction: E
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 90.58
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: North Magnolia Ave.
  • Floor Number: 2
  • Minimum Lease: 8-12 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 205.13
  • Total Acreage: Non-Applicable
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 1
  • Interior Amenities: Kitchen/Family Room Combo, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 6
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 90.58

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • View: Park/Greenbelt, Pool
  • Water Body Name: LAKE EOLA
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0245F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Public
  • Cooling: Zoned
  • Heating: Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Park, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Security
  • Association Fee Frequency: Monthly
  • Association Name: Cheryl Bond
  • Phone: (407) 849-0246
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Owners may have up to two (2) dogs providing their expected maximum weight is equal to or below 25 pounds. Renters may not have pets. All dogs must be registered according to applicable policies and fees. Check COA for more information.
  • Association Fee Requirement: Required
  • Condo Fees: 615
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Association Email: manager@metropolitanlakeeola.com
  • Monthly Condo Fee Amount: 615
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: metropolitanatlakeeola.managebuilding.com

Fee Information

  • Total Annual Fees: 7380.00
  • Total Monthly Fees: 615.00

Lot Info

  • Zoning: AC-3A/T
  • Parcel Number: 25-22-29-5626-02-140
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Must apply for a Board approved investor lease permit or hardship lease permit. Background checks are required for lease tenants. Lease must be submitted to property manager for approval at least 7 days prior to tenant move-in date. See COA policies.

Tax Info

  • Tax Annual Amount: 2830
  • Tax Block: 2
  • Tax Book Number: 7630-3798
  • Tax Lot: 140

Multi Family

  • Approval Process: Leasing permit is required for investors - currently capped at 25%. Hardship permits are approved by the Board of Directors on a case-by-case basis.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 18, 2023
Sold by
Sunrise Beachside Llc
Bought by
Mary N Chang Trust
Seller's Agent
Bryan Fangman
PRECISION APPROACH REALTY LLC
Buyer's Agent
Ronald Lieberman
AMERICAN REAL ESTATE & DEVELOP
List Price
$234,500
Sold Price
$200,000
Premium/Discount to List
-$34,500
-14.71%
Views
356
Current Estimated Value
$197,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,958
Avg. Annual Appreciation
-0.68%
Original Mortgage
$140,000
Outstanding Balance
$137,247
Interest Rate
7.12%
Mortgage Type
Seller Take Back
Estimated Equity
$59,795

Purchase Details

Closed on
Apr 20, 2018
Sold by
Karl Investment Llc
Bought by
Us Bank National Association and Wachovia Bank

Purchase Details

Listed on
Oct 22, 2014
Closed on
Jul 28, 2015
Sold by
Metropolitan At Lake Eola Condominium As
Bought by
Sunrise Beachside Llc
Seller's Agent
Jeremy Drosin
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Craig Swetnam
ADVANCE REALTY & MANAGEMENT LLC
List Price
$125,900
Sold Price
$110,000
Premium/Discount to List
-$15,900
-12.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
May 23, 2005
Sold by
The Metropolitan At Lake Eola Llc
Bought by
Rimb Llc
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

Date Buyer Sale Price Title Company
Mary N Chang Trust $200,000 Vision Title Llc
Us Bank National Association $600 None Available
Sunrise Beachside Llc $110,000 Winter Park Title Co Llc
Rimb Llc $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mary N Chang Trust $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Sold $200,000 -2.2% $205 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/16/2023 09/16/23 Price Changed $204,500 -4.7% $210 / Sq Ft
08/31/2023 08/31/23 Price Changed $214,500 -4.5% $220 / Sq Ft
08/15/2023 08/15/23 Price Changed $224,500 -4.3% $230 / Sq Ft
08/04/2023 08/04/23 For Sale $234,500 0.0% $241 / Sq Ft
10/15/2021 10/15/21 Off Market $1,350 -- --
07/16/2021 07/16/21 Rented $1,350 0.0% --
07/11/2021 07/11/21 Under Contract -- -- --
07/01/2021 07/01/21 For Rent $1,350 0.0% --
08/17/2018 08/17/18 Off Market $110,000 -- --
07/28/2015 07/28/15 Sold $110,000 -5.2% $113 / Sq Ft View Prior Sale
07/13/2015 07/13/15 Pending -- -- --
06/10/2015 06/10/15 Price Changed $116,000 -7.9% $119 / Sq Ft
06/03/2015 06/03/15 For Sale $125,900 +14.5% $129 / Sq Ft
06/03/2015 06/03/15 Off Market $110,000 -- --
06/02/2015 06/02/15 For Sale $125,900 0.0% $129 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
02/24/2015 02/24/15 Price Changed $125,900 -10.0% $129 / Sq Ft
01/19/2015 01/19/15 Price Changed $139,900 -1.5% $143 / Sq Ft
11/13/2014 11/13/14 Price Changed $142,000 -5.3% $146 / Sq Ft
10/22/2014 10/22/14 For Sale $149,900 -- $154 / 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 $3,370 $213,300 -- $213,300
2024 $3,118 $174,090 -- $174,090
2023 $3,118 $163,800 $32,760 $131,040
2022 $2,830 $146,300 $29,260 $117,040
2021 $2,778 $141,400 $28,280 $113,120
2020 $2,685 $141,400 $28,280 $113,120
2019 $2,834 $141,400 $28,280 $113,120
2018 $2,745 $141,400 $28,280 $113,120
2017 $2,502 $125,800 $25,160 $100,640
2016 $2,278 $109,200 $21,840 $87,360
2015 $1,971 $97,500 $19,500 $78,000
2014 $1,841 $91,300 $18,260 $73,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6131303

Stellar MLS

APN: 25-2229-5626-02-140