NOT LISTED FOR SALE

Estimated Value: $232,564 - $263,000

1 Bed
2 Baths
975 Sq Ft
$566/mo HOA Fee

Last Sold January 03, 2023

Last sale price $283,900 $291 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,104/month

Highlights

  • Fitness Center
  • Gated Community
  • 1.92 Acre Lot
  • In Ground Pool
  • Lake View
  • Open Floorplan

About This Home

As of January 2023

BALCONY WITH LAKE VIEW * 500 FEET FROM LAKE EOLA PARK * DOWNTOWN ORLANDO * ONLY UNIT WITH THIS PREMIUM LAYOUT * TWO SEPARATE PRIVATE BALCONIES * DIRECT VIEW OF LAKE EOLA * OPEN FLOOR PLAN * LOW CONDO FEES * MOST AFFORDABLE CONDOS AT LAKE EOLA * 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). A detailed breakdown of condo fees for this unit is available upon request. Premium floor plan and location within a beautiful historic building in the heart of Downtown Orlando less than 500 feet from beautiful Lake Eola. Incredible views of Orlando's signature fountain, the Walt Disney World Amphitheater and Rosalind Ave from the Living Room, Master bedroom and balcony. Master bedroom with ensuite bathroom. Individual thermostat controls in Master and Living. Stainless steel appliances, solid surface countertops, wood flooring throughout main areas and ceramic tile in the bathrooms. Windows and are floor to ceiling with glass doors leading to the balcony for optimal lighting and a breathtaking view. The ultimate boutique city life experience with only 128 residence units (no long waits for elevators or gym equipment). Full fitness center. Trash valet and recycling program with collection areas on each floor. Proxy and key card access to common areas and individual units. Video surveillance in common areas. Package receiving with automated delivery notification via Amazon Hub. Clubroom available for use and private functions. Unit comes with one deeded parking space in a gated, covered garage facility – be on the road in minutes! Most economical COA fees for a 1-bed 2-bath 1-car condo (A/C, hot water, trash, sewage included). Owner pays for electric, cable, internet, etc. 1GB up/down internet available through Gigstreem. Convenient in-house unit maintenance program available. Easy walk to Publix, Walgreens, Lake Eola farmers market, Orange Ave night clubs and restaurants, Thornton Park, Dr. Phillips Center, Amway Center, library, court house plus UPS/FedEx stores. See fireworks displays from your balcony, get a front row seat to parades, festivals or Disney Amphitheater events. Take the elevator down to enjoy menu offerings at the Be Nice Patio Bar located on the ground floor of the building. Don't miss an opportunity to buy one of the most affordable lake view condominiums in the heart of downtown!

Last Agent to Sell the Property

Bryan Fangman

PRECISION APPROACH REALTY LLC License #679904 Listed on: 11/29/2022

PRECISION APPROACH REALTY LLC

Last Buyer's Agent

Bryan Fangman

PRECISION APPROACH REALTY LLC License #679904 Listed on: 11/29/2022

PRECISION APPROACH REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1963

Lot Details

  • East Facing Home

HOA Fees

  • $566 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Property Views

  • Lake
  • Park or Greenbelt

Home Design

  • Entry on the 6th floor
  • Slab Foundation
  • Built-Up Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 975 Sq Ft Home
  • Open Floorplan
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool

Schools

  • Lake Como Elementary School
  • Edgewater High School

Utilities

  • Zoned Cooling
  • Heating Available
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, 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
  • Community features wheelchair access
  • 6-Story Property

Amenities

  • Elevator

Recreation

Pet Policy

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

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,998

Year Built

Built in 1963

Lot Details

0

HOA Fees

$566 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 975
  • Lot Size Acres: 1.92
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 975
  • Lot Size Sq Ft: 83466
  • 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. Suite 300
  • Floor Number: 6
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 291.18
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Planned Unit Development Yn: 0
  • Property Description: Mid Rise
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 6
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 90.58

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Balcony
  • Roof: Built-Up, Concrete
  • Home Warranty: No
  • Pool Private: No
  • View: Park/Greenbelt, Pool, Water
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Lake Eola

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Guest, On Street

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Other, Zoned
  • Heating: Electric
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Pool, Wheelchair Access
  • Association Amenities: Elevator(s), Fitness Center, Pool, Security
  • Association Fee Frequency: Monthly
  • Association Name: Cheryl Bond
  • Phone: 407-849-0246
  • Association: Yes
  • Security: Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
  • 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: 566
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Association Email: manager@metropolitanlakeeola.com
  • Monthly Condo Fee Amount: 566
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: metro-condo.com

Fee Information

  • Total Annual Fees: 6792.00
  • Total Monthly Fees: 566.00

Schools

  • Elementary School: Lake Como Elem
  • High School: Edgewater High

Lot Info

  • Zoning: AC-3A/T
  • Parcel Number: 25-22-29-5626-06-080
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • 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. Confirm with COA.

Tax Info

  • Tax Annual Amount: 2997.64
  • Tax Block: 6
  • Tax Book Number: 7630-3798
  • Tax Lot: 80

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. Owners must use Association Management to lease units. Airbnb/short-term rentals are strictly prohibited

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Dec 30, 2022
Sold by
Fong Gary
Bought by
Bond Michael S and Bond Cheryl
Seller's Agent
Bryan Fangman
PRECISION APPROACH REALTY LLC
Buyer's Agent
Bryan Fangman
PRECISION APPROACH REALTY LLC
List Price
$289,900
Sold Price
$283,900
Premium/Discount to List
-$6,000
-2.07%
Views
12
Current Estimated Value
$247,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,509
Avg. Annual Appreciation
-4.47%
Original Mortgage
$188,435
Outstanding Balance
$182,586
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$64,805

Purchase Details

Listed on
Aug 10, 2021
Closed on
Nov 15, 2021
Sold by
Sorrentino Vincent
Bought by
Fong Gary
Seller's Agent
Andrew Jordan
KELLER WILLIAMS WINTER PARK
Buyer's Agent
Andrew Jordan
KELLER WILLIAMS WINTER PARK
List Price
$199,000
Sold Price
$192,500
Premium/Discount to List
-$6,500
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.03%

Purchase Details

Closed on
Jun 8, 2010
Sold by
Metropolitan Of Lake Eola H O A
Bought by
Surrentino Vincent

Purchase Details

Closed on
Aug 28, 2009
Sold by
Gja Properties Llc
Bought by
Sorrentino Vincent

Purchase Details

Closed on
Jun 1, 2005
Sold by
The Metropolitan At Lake Eola Llc
Bought by
Gja Properties Llc
Source: Public Records
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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
Bond Michael S $283,900 Vision Title
Fong Gary $192,500 Innovative Title Svcs Llc
Surrentino Vincent $6,000 None Available
Sorrentino Vincent $95,000 Sunbelt Title Agency
Gja Properties Llc $174,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bond Michael S $188,435
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2023 01/03/23 Sold $283,900 -2.1% $291 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $289,900 +50.6% $297 / Sq Ft
11/15/2021 11/15/21 Sold $192,500 -3.3% $197 / Sq Ft View Prior Sale
10/15/2021 10/15/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $199,000 0.0% $204 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $199,000 -- $204 / 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 $2,932 $212,423 -- --
2024 $3,630 $200,620 -- $200,620
2023 $3,630 $188,760 $37,752 $151,008
2022 $2,998 $155,078 $31,016 $124,062
2021 $2,674 $149,884 $29,977 $119,907
2020 $2,342 $134,408 $26,882 $107,526
2019 $2,339 $134,408 $26,882 $107,526
2018 $2,244 $134,408 $26,882 $107,526
2017 $2,194 $139,496 $27,899 $111,597
2016 $1,956 $115,752 $23,150 $92,602
2015 $1,809 $103,350 $20,670 $82,680
2014 $1,675 $94,200 $18,840 $75,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6075006

Stellar MLS

APN: 25-2229-5626-06-080