NOT LISTED FOR SALE

2638 Lemon Tree Ln Unit G Orlando, FL 32839

Park Central Neighborhood

Estimated Value: $83,936 - $94,000

1 Bed
1 Bath
642 Sq Ft
$230/mo HOA Fee

Last Sold October 18, 2018

Last sale price $43,000 $67 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $771/month

24 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Central Heating and Cooling System
  • Tennis Courts
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of October 2018

EXCELLENT ROI POTENTIAL!! THIS CONDO CAN ACHIEVE 13% R.O.I. ON FULL ASK AFTER ESTIMATED HOA, TAXES, AND INSURANCE - CAN'T BEAT THAT RETURN!! Currently owner occupied - 1 bedroom units in Lemon Tree can rent for $850-$900. At $850 per month, your return can be 13% clean! This particular building will be getting a NEW ROOF in 1-2 months (already approved by HOA.) Lemon Tree is an excellent community, as EACH resident MUST go through the criminal background check process/credit check process through the management company (Premier Management, Lake Mary,) as well as an interview prior to moving in. Buyers must do the same (if overseas, a phone interview may work.) CASH only.

Last Agent to Sell the Property

Husain Jaffer

CHARLES RUTENBERG REALTY ORLANDO License #3293364 Listed on: 09/04/2018

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

Deb Fischbach

KELLER WILLIAMS REALTY AT THE PARKS License #3382634

KELLER WILLIAMS REALTY AT THE PARKS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $400

Year Built

  • Built in 1976

Lot Details

  • 871

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 642 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include trash, water
  • Lemon Tree Condo Sec 01 Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$400

Year Built

Built in 1976

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • HOA Fee Includes: Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 642
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1976
  • Lot Size Sq Ft: 678
  • Directions to Property: I4 TO OBT, RIGHT ONTO HOLDEN, RIGHT ONTO TEXAS, LEFT INTO LEMONTREE
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5731682&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5731682&cview=true&show_results=true&customer_portal=true
  • FCHR URL: No
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.8977
  • Price per Sq Ft: 66.98
  • Close to Original List Price Ratio: 0.86172
  • View: No
  • Ownership: Condominium
  • Tax Year: 2017
  • Special Features: None
  • Stories: 0

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Street Number Modifier: 2638
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0410F

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Tennis Courts
  • Association Amenities: Pool, Tennis Court(s)
  • Association Fee: 230
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2760
  • Monthly HOA Fee: 230
  • Total Monthly Fees: 230

Lot Info

  • Zoning: R-3
  • Parcel Number: 09-23-29-5050-06-070
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 7 Months
  • Approval Process: PLEASE CONFIRM WITH CHUCK AT LEMONTREE OFFICE 407.650.3865 AVAILABLE M/W/F 10-3 OR CALL PREMIER MGMT M-F 407.333.7787
  • Pet Restrictions: PLEASE CONFIRM WITH CHUCK AT LEMONTREE OFFICE 407.650.3865 AVAILABLE M/W/F 10-3 OR CALL PREMIER MGMT M-F 407.333.7787
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: PLEASE CONFIRM WITH CHUCK AT LEMONTREE OFFICE 407.650.3865 AVAILABLE M/W/F 10-3 OR CALL PREMIER MGMT M-F 407.333.7787

Tax Info

  • Tax Annual Amount: 400
  • Tax Block: 6
  • Tax Book Number: 3-141
  • Tax Lot: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 11, 2018
Sold by
Myers George E
Bought by
L & M Property Rentals Llc
Seller's Agent
Husain Jaffer
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Deb Fischbach
KELLER WILLIAMS REALTY AT THE PARKS
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%
Current Estimated Value
$87,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,312
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Jan 8, 1996
Sold by
Gertrude M Schmidt Tr
Bought by
Myers George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.29%
Source: Public Records

Range of Values:

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Average Value
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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
L & M Property Rentals Llc $43,000 Celebration Title Group
Myers George E $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers George E $61,335
Previous Owner Myers George E $44,000
Previous Owner Myers George E $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $43,000 -10.2% $67 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/12/2018 09/12/18 Price Changed $47,900 -4.0% $75 / Sq Ft
09/04/2018 09/04/18 For Sale $49,900 -- $78 / 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 $953 $61,039 -- --
2024 $809 $61,039 -- --
2023 $809 $54,600 $10,920 $43,680
2022 $728 $48,200 $9,640 $38,560
2021 $705 $48,200 $9,640 $38,560
2020 $581 $37,900 $7,580 $30,320
2019 $573 $35,300 $7,060 $28,240
2018 $0 $10,848 $0 $0
2017 $0 $25,000 $5,000 $20,000
2016 $0 $16,900 $3,380 $13,520
2015 -- $13,100 $2,620 $10,480
2014 -- $16,700 $3,340 $13,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5731682

Stellar MLS

APN: 09-2329-5050-06-070