NOT LISTED FOR SALE

2550 N Econlockhatchee Trail Orlando, FL 32817

Estimated Value: $383,000 - $457,000

4 Beds
2 Baths
1,498 Sq Ft
$285/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $340,000 $227 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,620/month

54 Days on Market

Highlights

  • Barn
  • Oak Trees
  • View of Trees or Woods
  • Winter Park High Rated A+
  • Paddocks: 1
  • 2.61 Acre Lot

About This Home

As of May 2020

HUGE PRICE REDUCTION!! This 2.6-acre home site takes you back in time to what CENTRAL FLORIDA USED TO BE! The home sits on a gorgeous parcel of land with majestic live oaks. It's located just miles from downtown Orlando as well as UCF and our local colleges!! Current A2 zoning allows for a 1500 sq. ft. DETACHED IN-LAW SUITE to be built on this property. You've got the freedom to breathe and relax in the absolute beauty of this property. Bring your horse, cattle, or other livestock and let them roam in the back pasture! This 4/2 darling home, with TERRAZO FLOORS THROUGHOUT, has been well-cared for by the ORIGINAL OWNERS since 1968. Enjoy the gorgeous view of the property under air from the enclosed Florida room. HUGE LIVE OAKS, AZALEAS AND CAMELIA BUSHES ABOUND!! Other uses are permitted under Orange County zoning rules for A2 zoning. Wholesale plant nursery, community home and school are a few of the permitted uses. Special exceptions can be sought for other uses. This property is the place for DREAMING!!! It can be yours. Call for an appointment today!

Last Agent to Sell the Property

Jeanne McKnight

LPT REALTY, LLC License #3399460 Listed on: 03/05/2020

LPT REALTY, LLC

Last Buyer's Agent

Patrick Cournoyer

License #3446594

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,489

Year Built

  • Built in 1968

Lot Details

  • 2.61 Acre Lot
  • East Facing Home
  • Barbed Wire
  • Board Fence
  • Mature Landscaping
  • Well Sprinkler System
  • Oak Trees
  • Wooded Lot
  • Property is zoned A-2

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,498 Sq Ft Home
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Bonus Room
  • Sun or Florida Room
  • Views of Woods
  • Laundry in Garage

Kitchen

  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Freezer
  • Solid Surface Countertops

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Home Security

  • Security System Owned
  • Security Lights
  • Medical Alarm
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters

Schools

  • Cheney Elementary School
  • Union Park Middle School
  • University High School

Farming

  • Barn
  • Barn Office
  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses
  • Paddocks: 1

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Arbor Ridge West Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,489

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1498
  • Lot Size Acres: 2.61
  • New Construction: No
  • Year Built: 1968
  • Lot Size Sq Ft: 104980
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5848912?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5848912?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97143
  • Price per Sq Ft: 226.97
  • Close to Original List Price Ratio: 0.75556
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Thermostat, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Electric Water Heater, Exhaust Fan, Freezer, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds, Shades
  • Room Count: 10
  • Additional Rooms: Bonus Room, Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Barn Office, Barn(s), Other, Shed(s), Workshop
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors, Storage
  • Roof: Membrane, Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0260F
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sprinkler Well, Street Lights
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Medical Alarm, Secured Garage/Parking, Security Lights, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Cheney Elem
  • High School: University High
  • Middle Or Junior School: Union Park Middle

Lot Info

  • Zoning: A-2
  • Parcel Number: 18-22-31-0000-00-011
  • Additional Parcels: No
  • Current Use: Cattle, Poultry, Citrus, Crops, Hogs, Horses, Livestock, Nursery
  • Fencing: Barbed Wire, Board
  • Lot Features: Pasture, Zoned for Horses
  • Property Attached Yn: No
  • Horse Amenities: None
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Zoning Compatible Y N: Yes
  • Number Of Paddocks Pastures: 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1489.24
  • Tax Block: 1013
  • Tax Book Number: 000
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 29, 2020
Sold by
Reynolds Michael and Estate Of Lucille M Reynolds
Bought by
Morris Michael
Seller's Agent
Jeanne McKnight
LPT REALTY, LLC
Buyer's Agent
Patrick Cournoyer
List Price
$450,000
Sold Price
$340,000
Premium/Discount to List
-$110,000
-24.44%
Current Estimated Value
$427,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,564
Avg. Annual Appreciation
4.32%
Original Mortgage
$264,000
Outstanding Balance
$234,452
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$193,112
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morris Michael $340,000 Innovative Title Svcs I Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Michael $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $340,000 -2.9% $227 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/23/2020 04/23/20 Price Changed $350,000 -22.2% $234 / Sq Ft
03/05/2020 03/05/20 For Sale $450,000 -- $300 / 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 $4,578 $299,200 $150,000 $149,200
2024 $4,151 $272,421 -- --
2023 $4,151 $284,484 $150,000 $134,484
2022 $3,436 $204,674 $86,760 $117,914
2021 $3,322 $194,261 $86,760 $107,501
2020 $3,268 $198,147 $86,760 $111,387
2019 $1,489 $130,908 $0 $0
2018 $1,470 $128,467 $0 $0
2017 $1,435 $175,714 $86,760 $88,954
2016 $1,407 $147,602 $60,250 $87,352
2015 $1,433 $143,018 $60,250 $82,768
2014 $1,477 $122,371 $60,250 $62,121
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5848912

Stellar MLS

APN: 18-2231-0000-00-011