2515 Formosa Ave Orlando, FL 32804
College Park Neighborhood
4
Beds
3
Baths
1,756
Sq Ft
7,266
Sq Ft Lot
Highlights
- No HOA
- Laundry closet
- Ceiling Fan
- Princeton Elementary School Rated A-
- Central Heating and Cooling System
About This Home
As of July 2025In the heart of College Park. This unique full duplex features 2 units that are made up of 2 bedrooms and I full bath and as an additional bonus there is an attached efficiency unit as well. That is correct there are 3 income producing units with this property. This building boasts a recent roof replacement, hard service flooring in all units either ceramic tile or terrazzo. This Corner lot is located minutes from shopping, Restaurants, Advent Health on Rollins, Downtown College Park and Downtown Orlando. With all of the new Construction going on around this property nothing but great things are in the future for this property.
Last Agent to Sell the Property
BHHS FLORIDA REALTY Brokerage Phone: 407-406-5300 License #687169 Listed on: 04/28/2025
Last Buyer's Agent
BHHS FLORIDA REALTY Brokerage Phone: 407-406-5300 License #687169 Listed on: 04/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,780
Year Built
- Built in 1958
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,756 Sq Ft Home
- Ceiling Fan
- Blinds
Kitchen
- Cooktop
- Recirculated Exhaust Fan
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 2 Carport Spaces
- 3 Parking Garage Spaces
Schools
- Princeton Elementary School
- College Park Middle School
- Edgewater High School
Utilities
- Central Heating and Cooling System
- Cooling System Mounted To A Wall/Window
- Electric Water Heater
- Cable TV Available
Additional Features
- Exterior Lighting
- 7,266 Sq Ft Lot
Community Details
- No Home Owners Association
- 2,305 Sq Ft Building
- Ivanhoe Terrace Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for electricity, sewer, trash collection, water
- No Minimum Lease Term
- Legal Lot and Block 1 / E
- Assessor Parcel Number 13-22-29-3928-05-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 28, 2006
Sold by
Catangay Eber S and Catangay Maria Fe
Bought by
Fulghum Robert L and Fulghum Mae E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Outstanding Balance
$161,989
Interest Rate
8.1%
Mortgage Type
Stand Alone First
Estimated Equity
$356,703
Purchase Details
Closed on
May 2, 2005
Sold by
Creech David A
Bought by
Catangay Eber S and Catangay Maria Fe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | Aloma Title Company | |
| Warranty Deed | $260,000 | Brokers Title Of Orlando Ltd |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $243,000 | Stand Alone First | |
| Previous Owner | $208,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $512,000 | -11.0% | $292 / Sq Ft |
| 07/07/2025 07/07/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | Price Changed | $575,000 | 0.0% | $327 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $1,500 | -6.3% | $2 / Sq Ft |
| 06/09/2025 06/09/25 | Price Changed | $1,600 | -5.9% | $2 / Sq Ft |
| 05/19/2025 05/19/25 | For Rent | $1,700 | 0.0% | -- |
| 04/28/2025 04/28/25 | For Sale | $600,000 | -- | $342 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $9,934 | $331,828 | -- | -- |
| 2024 | $5,333 | $331,828 | -- | -- |
| 2023 | $5,333 | $311,747 | $205,000 | $106,747 |
| 2022 | $4,833 | $276,585 | $200,000 | $76,585 |
| 2021 | $4,391 | $238,172 | $170,000 | $68,172 |
| 2020 | $4,022 | $239,552 | $170,000 | $69,552 |
| 2019 | $4,263 | $271,866 | $189,900 | $81,966 |
| 2018 | $3,702 | $214,791 | $115,000 | $99,791 |
| 2017 | $3,305 | $180,649 | $100,000 | $80,649 |
| 2016 | $3,059 | $162,143 | $91,000 | $71,143 |
| 2015 | $2,838 | $145,289 | $80,000 | $65,289 |
| 2014 | $2,713 | $142,172 | $90,000 | $52,172 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Hensley
Seller's Agent in 2025
Troy Hensley
BHHS FLORIDA REALTY
(407) 810-5348
3 in this area
140 Total Sales
Map
Source: Stellar MLS
MLS Number: O6302844
APN: 13-2229-3928-05-010
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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