NOT LISTED FOR SALE

225 E 5th St Apopka, FL 32703

Estimated Value: $319,000 - $417,000

8 Beds
4 Baths
2,726 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $315,000 $116 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,347/month

2 Days on Market

Highlights

  • Additional Residence on Property
  • Wood Flooring
  • Mature Landscaping
  • Traditional Architecture
  • No HOA
  • Covered Patio or Porch

About This Home

As of January 2023

Profitable Investment Opportunity - #1 - NO HOA with 3 units on over a 1/4 of an acre. Drive up on the old Florida brick paver road
to this 4 bedroom/2 bathroom single family house that has had the roof replaced 1 year ago and new soffits installed this year.
Bathrooms renovated 2 years ago and the outside AC unit is only 5 years old. This is a traditional style house with a covered porch
and inside wood floors. In the back there are parking spaces for up to 5 cars. Behind the house is your 2 story duplex. Duplex A -
the bottom residence delights in a well manicured garden and has 2 bedrooms and 1 bathroom and flooring that is all title. Duplex B
- the top residence is presently vacant has 2 bedrooms and 1 bathroom and all tile flooring. On this duplex a new roof was put in 3
years ago and the soffits 7 years ago. It has easy access to shopping, restaurants, and major highways. Call now, set up an
appointment , show and hurry write an offer! Get your money working for you.

Last Agent to Sell the Property

Colleen Donlevy-Burns

ENGEL & VOLKERS CLERMONT License #656002 Listed on: 10/18/2022

ENGEL & VOLKERS CLERMONT

Last Buyer's Agent

Colleen Donlevy-Burns

ENGEL & VOLKERS CLERMONT License #656002 Listed on: 10/18/2022

ENGEL & VOLKERS CLERMONT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,439

Year Built

  • Built in 1946

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Fenced
  • Mature Landscaping
  • Street paved with bricks
  • Land Lease expires 10/31/22
  • Property is zoned MU-D

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,726 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry in unit

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Additional Features

  • Additional Residence on Property
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Apopka Town Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,439

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2726
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1946
  • Lot Size Sq Ft: 12193
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5061699?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5061699?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96923
  • Price per Sq Ft: 115.55
  • Close to Original List Price Ratio: 0.96923
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Split Bedroom
  • Appliances Included: None
  • Foundation Details: Crawlspace
  • Total Bedrooms: 8
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Additional Single Family Home
  • Exterior Features: Fenced, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Street Brick
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: MU-D
  • Parcel Number: 09-21-28-0196-60-170
  • Additional Parcels: No
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes
  • Land Lease Expiration Date: 2022-10-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Pet Restrictions: Refer to County/City for restriticions
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 750
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Refer to County/City for restriticions

Tax Info

  • Tax Annual Amount: 2438.68
  • Tax Block: F
  • Tax Book Number: A-87
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Faulk Jonathan
Bought by
Octet Ventures Llc
Current Estimated Value
$372,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Outstanding Balance
$445,101
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$72,493

Purchase Details

Listed on
Oct 18, 2022
Closed on
Dec 29, 2022
Sold by
Ray Candace R and Robertson Blythe J
Bought by
Faulk Jonathan
Seller's Agent
Colleen Donlevy-Burns
ENGEL & VOLKERS CLERMONT
Buyer's Agent
Colleen Donlevy-Burns
ENGEL & VOLKERS CLERMONT
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$370,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 18, 2022
Closed on
Dec 16, 2022
Sold by
Ray Candace R
Bought by
Ray Candace R and Robertson Blythe
Seller's Agent
Colleen Donlevy-Burns
ENGEL & VOLKERS CLERMONT
Buyer's Agent
Colleen Donlevy-Burns
ENGEL & VOLKERS CLERMONT
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 13, 2022
Sold by
Ray Candace R and Robertson Blythe J
Bought by
B Jean Peterson Trust

Purchase Details

Closed on
Feb 19, 2016
Sold by
Ray Candace R and Estate Of B Jean P Peterson
Bought by
Ray Candace R and Robertson Blythe J

Purchase Details

Closed on
Aug 31, 2005
Sold by
Berman Harvey
Bought by
Peterson Betty Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,800
Interest Rate
5.77%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Octet Ventures Llc -- Cottrell Title Llc
Faulk Jonathan $315,000 Cottrell Title & Escrow
Ray Candace R $100 Cottrell Title & Escrow
Ray Candace R $100 --
B Jean Peterson Trust $100 Metes & Bounds Title
Ray Candace R $2,642 Attorney
Peterson Betty Jean $229,800 Benchmark Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Octet Ventures Llc $451,250
Previous Owner Faulk Jonathan $370,000
Previous Owner Peterson Betty Jean $77,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2023 01/04/23 Sold $315,000 -3.1% $116 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $325,000 -- $119 / 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 $4,745 $335,070 $35,000 $300,070
2024 $4,088 $300,250 $35,000 $265,250
2023 $4,088 $257,461 $35,000 $222,461
2022 $2,477 $156,635 $35,000 $121,635
2021 $2,439 $151,299 $55,235 $96,064
2020 $2,369 $150,915 $55,235 $95,680
2019 $2,507 $153,232 $55,235 $97,997
2018 $2,576 $155,548 $55,235 $100,313
2017 $2,485 $150,565 $30,483 $120,082
2016 $2,557 $151,629 $30,483 $121,146
2015 $2,482 $154,143 $30,483 $123,660
2014 $2,200 $128,776 $30,483 $98,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5061699

Stellar MLS

APN: 09-2128-0196-60-170