NOT LISTED FOR SALE

2318 Flamingo Lakes Dr Kissimmee, FL 34743

Estimated Value: $327,000 - $342,000

3 Beds
2 Baths
1,453 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $270,000 $186 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,177/month

13 Days on Market

Highlights

  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Recreation Facilities
  • Ceramic Tile Flooring
  • 2-minute walk to Mark Durbin Community Park at Lakeside

About This Home

As of October 2021

INVESTORS DREAM! Welcome to this 3 bed, 2 bath, perfect for an Investor looking for solid cashflow from day 1! Currently rented for $1,500/month with a good paying tenant. Great size living room with ceramic floors that flow throughout most of the home.
NEW roof (2019) Awesome location to neighborhood parks, and conveniently located close to bars, restaurants, Turnpike, and just a short drive to Melbourne beaches, Disney Parks, and just 20 min to the airport. Inquire today and start cash-flowing tomorrow! Don't miss out on this deal! Buyer must honor the existing contract which expires on April 30th. 2022, this property generate $1,400 monthly. PLEASE , Do not disturb the Tenant.

Last Agent to Sell the Property

Maria Baez

EMPIRE NETWORK REALTY License #3175612 Listed on: 08/20/2021

EMPIRE NETWORK REALTY

Last Buyer's Agent

Yimelda Goshea

AGENT TRUST REALTY CORPORATION License #3166901

AGENT TRUST REALTY CORPORATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,145

Year Built

  • Built in 1996

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 50x110
  • East Facing Home
  • Land Lease expires 4/30/22
  • Property is zoned KMPU

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,453 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Washer

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Leland Management Association
  • Flamingo Lakes Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,145

Year Built

Built in 1996

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1453
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1996
  • Lot Size Sq Ft: 5489
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5055257?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5055257?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 185.82
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Private Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Recreation Facilities
  • Association Fee: 218
  • Association Fee Frequency: Annually
  • Association Name: Leland Management
  • Phone: Leslie Caban
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 218
  • Monthly HOA Fee: 18.17
  • Total Monthly Fees: 18.17

Lot Info

  • Zoning: KMPU
  • Parcel Number: 18-25-30-1421-0001-0160
  • Additional Parcels: No
  • Lot Dimensions: 50x110
  • Flood Zone Code: x
  • Land Lease Expiration Date: 2022-04-30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 1500
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Buyer or agent to verify if any restrictions with the HOA.

Tax Info

  • Tax Annual Amount: 3144.9
  • Tax Block: 1
  • Tax Book Number: 7-5-6
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 15, 2021
Sold by
Mercado Edgar and Mercado Candida
Bought by
Munoz Carlos Jose Cahuenas
Seller's Agent
Maria Baez
EMPIRE NETWORK REALTY
Buyer's Agent
Yimelda Goshea
AGENT TRUST REALTY CORPORATION
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$335,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,178
Avg. Annual Appreciation
5.38%
Original Mortgage
$216,000
Outstanding Balance
$196,115
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$139,063

Purchase Details

Closed on
Jul 22, 2005
Sold by
Figueroa Lourdes
Bought by
Mercado Edgar and Mercado Candida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 4, 2000
Sold by
Figueroa Gregory and Figueroa Lourdes
Bought by
Figueroa Lourdes

Purchase Details

Closed on
Apr 30, 1996
Sold by
Cambridge Homes Ltd
Bought by
Figueroa Gregory and Figueroa Lourdes Lucero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,615
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 1995
Sold by
Lakeside Dev Orlando Inc
Bought by
Cambridge Homes Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Munoz Carlos Jose Cahuenas $270,000 Premier Title Of Ctrl Fl Llc
Mercado Edgar $215,000 Equitable Title Agency Inc
Figueroa Lourdes -- --
Figueroa Gregory $90,000 --
Cambridge Homes Ltd $70,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Carlos Jose Cahuenas $216,000
Previous Owner Mercado Edgar $43,000
Previous Owner Figueroa Gregory $89,615
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $270,000 0.0% $186 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $270,000 -- $186 / 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 $4,806 $297,500 $58,000 $239,500
2024 $4,531 $294,200 $55,000 $239,200
2023 $4,531 $244,310 $0 $0
2022 $3,898 $222,100 $45,000 $177,100
2021 $3,302 $183,800 $32,000 $151,800
2020 $3,145 $173,700 $32,000 $141,700
2019 $2,971 $162,100 $29,000 $133,100
2018 $2,726 $147,000 $28,000 $119,000
2017 $2,578 $136,300 $26,000 $110,300
2016 $2,401 $125,800 $22,000 $103,800
2015 $855 $84,384 $0 $0
2014 $848 $83,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Baez

    Seller's Agent in 2021

    Maria Baez

    EMPIRE NETWORK REALTY

    (407) 288-5036

    1 in this area

    42 Total Sales

    Maria Baez
    Section Image
  • Yimelda Goshea

    Buyer's Agent in 2021

    Yimelda Goshea

    AGENT TRUST REALTY CORPORATION

    2 in this area

    6 Total Sales

    Yimelda Goshea
    Section Image
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Map

Source: Stellar MLS

MLS Number: S5055257

Stellar MLS

APN: 18-25-30-1421-0001-0160

Florida Osceola County Kissimmee 34743

2318 Flamingo Lakes Dr, Kissimmee, FL

Not Listed for Sale

Detached

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