NOT LISTED FOR SALE

16123 W Colonial Dr Oakland, FL 34787

Estimated Value: $3,705,585

-- Bed
-- Bath
8,092 Sq Ft
$458/Sq Ft Est. Value

About This Home

This home is located at 16123 W Colonial Dr, Oakland, FL 34787 and is currently estimated at $3,705,585, approximately $457 per square foot. 16123 W Colonial Dr is a home located in Orange County with nearby schools including Tildenville Elementary, Lakeview Middle, and West Orange High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Fields Motorcars Of Florida Inc
Bought by
Sri Nilaya Rentals Llc
Current Estimated Value
$3,705,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,975,000
Outstanding Balance
$2,856,771
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$737,649

Purchase Details

Closed on
Apr 15, 2020
Sold by
Aca Plus Inc
Bought by
Fields Motorcars Of Florida Inc

Purchase Details

Closed on
Feb 14, 2020
Sold by
Aca Plus Inc
Bought by
Fields Motorcars Of Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,870,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2015
Sold by
Performance Motorsports Inc
Bought by
Aca Plus Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.94%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Dec 29, 2003
Sold by
First Team Properties Llc
Bought by
Performance Motorsports Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,742,500
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2001
Sold by
Mealey-Orlando Llc C
Bought by
East Colonial Invtrs Llc

Purchase Details

Closed on
Nov 17, 2000
Sold by
Butts Charles S and Butts Bonnie B
Bought by
Mealey-Orlando
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Sri Nilaya Rentals Llc $3,500,000 --
Fields Motorcars Of Florida Inc -- Attorney
Fields Motorcars Of Florida Inc $2,200,000 Attorney
Aca Plus Inc $1,100,000 Attorney
Performance Motorsports Inc $2,231,800 --
East Colonial Invtrs Llc $839,500 --
Mealey-Orlando $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sri Nilaya Rentals Llc $2,975,000
Previous Owner Fields Motorcars Of Florida Inc $1,870,000
Previous Owner Aca Plus Inc $440,000
Previous Owner Aca Plus Inc $550,000
Previous Owner Performance Motorsports Inc $1,742,500
Source: Public Records

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 $48,477 $2,670,514 $1,701,216 $969,298
2024 $47,257 $2,670,514 $1,701,216 $969,298
2023 $47,257 $2,668,412 $1,612,617 $1,055,795
2022 $38,253 $2,170,674 $844,704 $1,325,970
2021 $35,382 $1,947,783 $767,913 $1,179,870
2020 $24,543 $1,672,954 $590,702 $1,082,252
2019 $20,721 $1,110,435 $562,348 $548,087
2018 $20,869 $1,097,494 $535,176 $562,318
2017 $19,653 $1,018,183 $486,739 $531,444
2016 $19,620 $998,027 $472,562 $525,465
2015 $20,063 $999,176 $472,562 $526,614
2014 $19,572 $961,787 $472,539 $489,248
Source: Public Records

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