NOT LISTED FOR SALE

Estimated Value: $304,000 - $466,192

4 Beds
4 Baths
2,848 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $260,000 $91 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,163/month

9 Days on Market

Highlights

  • Parking available for a boat
  • Guest House
  • View of Trees or Woods
  • Columbia Elementary School Rated A-
  • Oak Trees
  • 0.85 Acre Lot

About This Home

As of March 2024

Nestled in the heart of Orlando, this 1971 Florida-style bungalow presents a unique opportunity for those looking for a renovation project, priced $150,000 below market value as a distressed property sale. The main house, constructed with original 1971 concrete blocks, spans 3 bedrooms and 3 baths with potential to convert into a 4 or 5 bedroom layout, and is in need of significant repairs and updates. The property sits on a generous 0.86-acre corner lot, fully enclosed with chain-link fencing and offering dual access from both intersecting roads, providing ample space for landscaping, gardening, citrus trees, or additional structures.

Additionally, there is a 550 sq ft mother-in-law unit featuring 1 bedroom and 1 bathroom, connected to the main house by a patio-style awning, ideal for an outdoor relaxation area or hot tub, but like the main house, it requires remodeling. A detached 2-car garage and workshop, spanning 1000 sq ft (20x50), offers ample space for vehicles, storage, and a dedicated workshop area. This property is perfect for parking boats, RVs, and work vehicles without the hassles of HOAs.

This property is an ideal investment for seasoned renovators or those seeking a project to tailor a home to their tastes. Situated in a desirable East Orlando location 100 yards from Hwy 50, the property offers a chance to capitalize on its potential post-renovation. Whether looking to create a dream home, invest in a profitable flip, or develop a rental income property, this bungalow and its accompanying structures offer a canvas for imagination and hard work. This is a unique investment opportunity in one of Florida's most vibrant cities. Cash buyers only.

Last Agent to Sell the Property

Barbara Zapotocky

RE/MAX AEROSPACE REALTY Brokerage Phone: 321-631-5511 License #3039478 Listed on: 01/25/2024

RE/MAX AEROSPACE REALTY

Last Buyer's Agent

Edwin Ayala, Jr

EXP REALTY LLC License #3434640

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 1971

Lot Details

  • 0.85 Acre Lot
  • South Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Corner Lot
  • Oak Trees
  • Property is zoned R-T-2

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Workshop in Garage
  • Parking available for a boat
  • RV or Boat Parking
  • Golf Cart Garage

Home Design

  • Bungalow
  • Fixer Upper
  • Shingle Roof
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,848 Sq Ft Home
  • Ceiling Fan
  • Carpet
  • Views of Woods
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Guest House
  • 550 SF Accessory Dwelling Unit

Schools

  • Columbia Elementary School
  • Corner Lake Middle School
  • East River High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • 2 Water Wells
  • 2 Septic Tanks

Community Details

  • No Home Owners Association
  • Bithlo Ranches Unrec Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,297

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2848
  • Lot Size Acres: 0.85
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 2848
  • Lot Size Sq Ft: 36896
  • Directions to Property: While heading East on Highway 50, turn right onto N 3rd Street in Bithlo. Then turn right onto Caudel Road. Home is on the corner of 3rd and Caudel.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047923
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 91.29
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom,Detached (ADU)
  • MFR_InLawSuiteUnderAirSqFt: 550.00
  • Attribution Contact: 321-631-5511
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Refrigerator
  • Foundation Details: Concrete Perimeter, Crawlspace
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 17979
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 264.59
  • Room Count: 11

Exterior Features

  • Direction Faces: South
  • Other Structures: Guest House, Shed(s), Workshop
  • Exterior Features: Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2009-09-25
  • Flood Zone Panel: 12095C0315F

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Golf Cart Garage, Golf Cart Parking, RV Parking, Workshop in Garage

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 2
  • Number of Wells: 2

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Not Assigned

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Columbia Elem
  • High School: East River High
  • Middle Or Junior School: Corner Lake Middle

Lot Info

  • Zoning: R-T-2
  • Parcel Number: 21-22-32-0734-00-110
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Corner Lot
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 3428

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1297
  • Tax Block: 00
  • Tax Book Number: 1-4
  • Tax Lot: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Speedy Capital Partners Llc
Bought by
Bithlo Ranch Llc
Current Estimated Value
$377,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Outstanding Balance
$347,825
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$10,999

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 11, 2024
Sold by
Heath Sterling
Bought by
Speedy Capital Partners Llc
Seller's Agent
Barbara Zapotocky
RE/MAX AEROSPACE REALTY
Buyer's Agent
Edwin Ayala, Jr
EXP REALTY LLC
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%
Views
124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.12%
Original Mortgage
$301,000
Interest Rate
6.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 14, 2003
Sold by
Webb Roger L and Webb Arnette
Bought by
Blais Paula and Sterling Heath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
5.82%

Purchase Details

Closed on
Jan 2, 1997
Sold by
Martin Wilson and Martin Vergie A
Bought by
Webb Roger L and Webb Arnette
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
Bithlo Ranch Llc $305,000 None Listed On Document
Speedy Capital Partners Llc $260,000 Unik Title
Blais Paula $144,200 Premier Title & Abstract Inc
Webb Roger L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bithlo Ranch Llc $348,750
Previous Owner Speedy Capital Partners Llc $301,000
Previous Owner Blais Paula $144,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $260,000 -13.0% $91 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $299,000 -- $105 / 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 $1,474 $286,530 $60,000 $226,530
2024 $1,372 $276,110 $60,000 $216,110
2023 $1,372 $109,605 $0 $0
2022 $1,297 $106,413 $0 $0
2021 $1,261 $103,314 $0 $0
2020 $1,194 $101,888 $0 $0
2019 $1,212 $99,597 $0 $0
2018 $1,196 $97,740 $0 $0
2017 $1,166 $139,310 $30,500 $108,810
2016 $1,137 $127,592 $30,000 $97,592
2015 $1,155 $122,010 $30,000 $92,010
2014 $1,195 $92,370 $24,000 $68,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: V4934281

Stellar MLS

APN: 21-2232-0734-00-110