$57,500
SOLD OCT 2, 2017

2755 L B McLeod Rd Unit B Orlando, FL 32805

Clear Lake Neighborhood
3 Beds
2 Baths
1,338 Sq Ft
$325/mo HOA Fee

Recently Sold

$43 Per Sq Ft

7% Below List Price

32 Days on Market

Highlights

  • Deck
  • Community Pool
  • Ceramic Tile Flooring
  • Property is near public transit
  • Covered patio or porch
  • Central Heating and Cooling System

About This Home

As of August 2019

Attention investors: This 3/2 condo is been completely renovated, has established tenant, and professional management company in place. The renovation included new tile flooring throughout, new all wood cabinets/ vanities, new faux granite laminate counter-tops, brand new 410a A/C system, new sliding glass door, new shower surround, 5-1/4” wood baseboards, new black appliances, and more. Some call it an over improvement, but the rent rate speaks to the quality of renovation. The new management company is working hard to improve the community with many exterior renovations completed and ongoing. Some exterior improvements are: new roofs, new blacktop parking lot, and painting will be next. This investment property is a no brainier with a net 20% ROI and gross in the teens. Turn key, care free, with nothing but upside as the community continues to improve.

Last Agent to Sell the Property

Kenneth Little

BATEMAN MANAGEMENT GROUP LLC License #3326657 Listed on: 08/18/2017

Last Buyer's Agent

Jorge Ruiz

AGENT TRUST REALTY CORPORATION License #3355876

AGENT TRUST REALTY CORPORATION

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $460

Year Built

  • Built in 1973

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,338 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, sewer, water
  • Catalina Isles Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$460

Year Built

Built in 1973

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1338
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1338
  • Lot Size Sq Ft: 7086
  • Directions to Property: John Young parkway to L B Mcloed Rd. TR, Catalina Isle TL, unit is across from main office.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Floor Number: 1
  • List Office Head Office Key Nume: 1042067
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 42.97
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Microwave Hood, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 2755
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 5

Exterior Features

  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2009-09-25T00:00:00.000
  • Flood Zone Panel: 12095C0245F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 325
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Pet Restrictions: Approval needed with community management company.
  • Association Fee Requirement: Required
  • Building Name Number: 2755
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Monthly HOA Amount: 325.00

Lot Info

  • Zoning: R-3B
  • Parcel Number: 04-23-29-1227-27-552
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Flood Zone Code: X
  • Homestead YN: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 460
  • Tax Block: 27
  • Tax Book Number: 9137-983
  • Tax Lot: 552

Multi Family

  • Currency Monthly Rent Amt: 1000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Aug 23, 2019
Sold by
Castaneda German Arango and Palencia Marlene Dejesus Florez
Bought by
Chacon Mora Edwin Alejandro and Chacon Diana Tovar De
Seller's Agent
Jorge Ruiz
AGENT TRUST REALTY CORPORATION
Buyer's Agent
Jorge Ruiz
AGENT TRUST REALTY CORPORATION
List Price
$75,000
Sold Price
$69,000
Premium/Discount to List
-$6,000
-8%
Total Days on Market
32
Current Estimated Value
$103,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,940
Avg. Annual Appreciation
8.56%

Purchase Details

Listed on
Aug 18, 2017
Closed on
Oct 2, 2017
Sold by
Kdl Real Estate Investments Llc
Bought by
Florez Castaneda German Arango and Florez Palencia Dejesus
Seller's Agent
Kenneth Little
BATEMAN MANAGEMENT GROUP LLC
Buyer's Agent
Jorge Ruiz
AGENT TRUST REALTY CORPORATION
List Price
$61,500
Sold Price
$57,500
Premium/Discount to List
-$4,000
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%

Purchase Details

Closed on
Jul 1, 2016
Bought by
Kdl Real Estate Investments Ll

Purchase Details

Closed on
Sep 17, 2015
Sold by
Garcia Real Estate Investments Inc
Bought by
Trust #9057

Purchase Details

Listed on
Aug 20, 2012
Closed on
Sep 28, 2012
Sold by
2755-B Lb Mcleod Rd Land Trust
Bought by
Garcia Real Estate Investments Inc
Seller's Agent
Jennifer Geiger
PRESTIGE LIFESTYLES REALTY
Buyer's Agent
Arturo ALDEA
EXIT REALTY CENTRAL
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%

Purchase Details

Closed on
Jun 10, 2008
Sold by
Greene Shirley
Bought by
Lage Angel and Lage Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.97%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 29, 2008
Sold by
Catalina Isles Condominium Llc
Bought by
Lage Angel and Lage Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.97%
Mortgage Type
Balloon
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $69,000 Attorney
Special Warranty Deed $57,500 Southeast Professional Title
Deed $100 --
Warranty Deed $8,500 Title Solutions South Fl Inc
Warranty Deed $25,000 Title Solutions Of South
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $69,000 -4.0% $52 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
07/10/2019 07/10/19 Price Changed $71,900 -4.1% $54 / Sq Ft
05/29/2019 05/29/19 For Sale $75,000 0.0% $56 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $75,000 +30.4% $56 / Sq Ft
12/31/2017 12/31/17 Off Market $57,500 -- --
10/02/2017 10/02/17 Sold $57,500 -6.5% $43 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $61,500 0.0% $46 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $61,500 +146.0% $46 / Sq Ft
06/16/2014 06/16/14 Off Market $25,000 -- --
09/28/2012 09/28/12 Sold $25,000 0.0% $19 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $25,000 -- $19 / 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 $1,530 $78,330 -- --
2024 $1,340 $78,330 -- --
2023 $1,340 $80,300 $16,060 $64,240
2022 $1,145 $60,200 $12,040 $48,160
2021 $1,055 $53,500 $10,700 $42,800
2020 $1,020 $53,500 $10,700 $42,800
2019 $966 $53,500 $10,700 $42,800
2018 $832 $40,100 $8,020 $32,080
2017 $453 $20,000 $4,000 $16,000
2016 $460 $20,000 $4,000 $16,000
2015 $509 $22,000 $4,400 $17,600
2014 $515 $22,000 $4,400 $17,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5531330

Stellar MLS

APN: 04-2329-1227-27-552