NOT LISTED FOR SALE

2551 Formax Dr Orlando, FL 32828

Estimated Value: $388,397 - $421,000

2 Beds
2.5 Baths
1,837 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 26, 2012

Last sale price $105,000 $57 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $2,774/month

4 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Porch
  • Stone Lakes Elementary School Rated A
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of March 2012

Short Sale-This property is move in ready! Great for a small family or students. This property boasts wood laminate and tile flooring downstairs. Black appliances. Great light fixtures and ceiling fans. Spacious rooms and closets, washer andand dryer...a lot to mention! It is tucked away in a very quiet street in Avalon Park. This amaizing 2-2.5 townhouse will meet your needs, come see it today!

Last Agent to Sell the Property

Celeste Baez

FLORIDA REALTY INVESTMENTS License #3071013 Listed on: 08/24/2011

FLORIDA REALTY INVESTMENTS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 2008

Lot Details

  • 2,875 Sq Ft Lot
  • Zero Lot Line

HOA Fees

  • $178 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,837 Sq Ft Home
  • Ceiling Fan
  • Security System Owned
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure
  • Avalon Pk Northwest Vlg Ph 2, 3 And 4 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,988

Year Built

Built in 2008

Lot Details

0

HOA Fees

$178 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Structure
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1837
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 2330
  • Lot Size Sq Ft: 2875
  • Directions to Property: Avalon Park Blvd to right on Tea Rose Dr. to second left onto Formax Dr.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1052306
  • RATIO Current Price By Calculate: 57.16
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2010
  • Special Features: 12

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Trash Compactor
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Street Number Modifier: 2551
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 6

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: None, Public Sewer

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 533
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required
  • Building Name Number: 0

Fee Information

  • Total Annual Fees: 2132.00
  • Total Monthly Fees: 177.67

Lot Info

  • Zoning: P-D
  • Parcel Number: 06-23-32-1007-05-370
  • Additional Parcels: No
  • Lot Features: City Limits, Zero Lot Line
  • Homestead YN: 1
  • Future Land Use: 0150

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-03-26T00:00:00.000

Tax Info

  • Tax Annual Amount: 1988
  • Tax Block: 05
  • Tax Book Number: 0063/0094
  • Tax Lot: 370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2012
Sold by
Otero Maria and Pineiro Carlos
Bought by
Cordona Jose Eloy and Cardona Annetta Maria
Current Estimated Value
$399,289

Purchase Details

Closed on
Mar 25, 2008
Sold by
Kb Home Orlando Llc
Bought by
Vance Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,128
Interest Rate
5.68%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Cordona Jose Eloy $96,980 Attorney
Vance Derrick $188,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vance Derrick $186,128
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Off Market $105,000 -- --
03/26/2012 03/26/12 Sold $105,000 0.0% $57 / Sq Ft
08/28/2011 08/28/11 Pending -- -- --
08/23/2011 08/23/11 For Sale $105,000 -- $57 / 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 $5,718 $345,826 -- --
2024 $5,271 $345,826 -- --
2023 $5,271 $350,030 $55,000 $295,030
2022 $4,722 $303,095 $55,000 $248,095
2021 $4,150 $236,204 $40,000 $196,204
2020 $3,773 $220,835 $40,000 $180,835
2019 $3,779 $208,991 $40,000 $168,991
2018 $3,581 $194,521 $30,000 $164,521
2017 $3,431 $190,161 $30,000 $160,161
2016 $3,226 $176,834 $25,000 $151,834
2015 $2,949 $151,379 $25,000 $126,379
2014 $2,857 $146,406 $25,000 $121,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5060553

Stellar MLS

APN: 06-2332-1007-05-370