NOT LISTED FOR SALE

1608 Gay Dr Orlando, FL 32803

Rowena Gardens Neighborhood

Estimated Value: $488,656 - $580,000

3 Beds
2 Baths
1,774 Sq Ft
$300/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $290,000 $163 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,385/month

132 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Ceiling Fan
  • Audubon Park School Rated A-
  • Central Air
  • High Speed Internet

About This Home

As of September 2019

Early mid-century modern in a splendid location - good street, excellent neighborhood and supreme proximal location in both trade area and greater Orlando market. Rangey house with good flow and it has not been monkeyed-up with someone else's lame renovation attempt. This home is livable as it sits, bathrooms and kitchen are clean. Walk to Mills Park and the Virginia/17/92 trade area with Fresh Market, retail, restaurants and Lake Ivanhoe. Zoned for Audubon Park School K-8.

Note: This is not a good short flip prospect nor is the seller distressed. This is a great home for the buyer that understands the time proven reality that making money in real estate is done by purchasing in the right location, holding a high investment value ceiling, and by making improvements over time as the natural equity appreciation curve works in the buyer's favor.

Last Agent to Sell the Property

David Fuller

RAINMAKER PROPERTIES LLC License #3091132 Listed on: 03/30/2019

Last Buyer's Agent

Jason Shore

JMO REAL ESTATE GROUP License #3018660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 1952

Lot Details

  • 9,900 Sq Ft Lot
  • East Facing Home
  • Property is zoned R-1A/T

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 1,774 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Baldwin Park Elementary School
  • Audubon Park K-8 Middle School
  • Edgewater High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rowena Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,822

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Wood Frame
  • Fireplace: Yes
  • Living Area: 1774
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1952
  • Lot Size Sq Ft: 9900
  • Directions to Property: From 17/92 head east on Nebraska and turn south on Gay Drive. Home on your left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4901629&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4901629&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.85546
  • Price per Sq Ft: 163.47
  • Close to Original List Price Ratio: 0.83095
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1608
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Roof: Membrane, Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0255F

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Electric
  • 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

Schools

  • Elementary School: Baldwin Park Elementary
  • High School: Edgewater High
  • Middle Or Junior School: Audubon Park K-8

Lot Info

  • Zoning: R-1A/T
  • Parcel Number: 13-22-29-7764-03-030
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1822
  • Tax Block: C
  • Tax Book Number: S-25
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Shulman Michael
Bought by
Land Trust
Total Days on Market
132
Current Estimated Value
$561,605

Purchase Details

Closed on
May 15, 2020
Sold by
Michael S Shulman Llc
Bought by
Shulman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2019
Closed on
Sep 16, 2019
Sold by
Borkoski Linda C
Bought by
Michael S Shulman Llc
Seller's Agent
David Fuller
RAINMAKER PROPERTIES LLC
Buyer's Agent
Jason Shore
JMO REAL ESTATE GROUP
List Price
$349,000
Sold Price
$290,000
Premium/Discount to List
-$59,000
-16.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
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
Land Trust $100 None Listed On Document
Shulman Michael -- Champion Title & Closing
Michael S Shulman Llc $292,000 Southeast Professional Ttl L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shulman Michael $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $290,000 -14.5% $163 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $339,000 -2.9% $191 / Sq Ft
03/29/2019 03/29/19 For Sale $349,000 -- $197 / 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 $3,722 $242,302 -- --
2024 $3,524 $242,302 -- --
2023 $3,524 $228,615 $0 $0
2022 $3,415 $221,956 $0 $0
2021 $3,354 $215,491 $0 $0
2020 $4,758 $259,842 $160,000 $99,842
2019 $1,847 $131,403 $0 $0
2018 $1,822 $128,953 $0 $0
2017 $1,790 $290,830 $139,050 $151,780
2016 $1,775 $282,469 $135,000 $147,469
2015 $1,799 $274,033 $135,000 $139,033
2014 $1,805 $234,379 $130,000 $104,379
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Fuller

    RAINMAKER PROPERTIES LLC

  • J

    Buyer's Agent in 2019

    Jason Shore

    JMO REAL ESTATE GROUP

    (407) 962-6150

    23 Total Sales

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Map

Source: Stellar MLS

MLS Number: R4901629

Stellar MLS

APN: 13-2229-7764-03-030

Florida Orange County Orlando 32803 Rowena Gardens

1608 Gay Dr, Orlando, FL

This home is located at 1608 Gay Dr, Orlando, FL 32803 since 30 March 2019 and is currently estimated at $532,664, approximately $300 per square foot. This property was built in 1952. 1608 Gay Dr is a home located in Orange County with nearby schools including Audubon Park School, Edgewater High School, and Lake Highland Preparatory 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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