NOT LISTED FOR SALE

Estimated Value: $454,000 - $470,000

4 Beds
2.5 Baths
2,118 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $330,500 $156 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,960/month

15 Days on Market

Highlights

  • Private Pool
  • High Ceiling
  • Patio
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of October 2019

Multiple Offer situation. Please submit best offer by Saturday 9/21/2019. Perfect vacation home and/or investment home, fully updated and immaculate! Just minutes from Disney and all of Orlando's PREMIER entertainment!
This property is zoned for short term rental, ideal for use as a luxurious vacation villa, for rental income, a great investment! 2018 gross rentals were $62,194.53.
Fantastic pool area with serene and BEAUTIFUL Lake views!

Last Agent to Sell the Property

Michael Mello

PREFERRED REAL ESTATE BROKERS II License #3308770 Listed on: 09/10/2019

PREFERRED REAL ESTATE BROKERS II

Last Buyer's Agent

Erika Phelan

BUYERS BROKER OF FLORIDA License #3114380

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1994

Lot Details

  • 6,839 Sq Ft Lot
  • Southeast Facing Home
  • Irrigation
  • Property is zoned OPUD

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,118 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Ceramic Tile Flooring
  • Washer

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Private Pool
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Community Management Specialist Association, Phone Number (407) 359-7202
  • Oak Island Harbor Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,494

Year Built

Built in 1994

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2118
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1994
  • Lot Size Sq Ft: 6839
  • Directions to Property: From I4 travel west on 192 approx 5 miles. Turn Left onto Formosa Gdns Blvd. Travel 1 mile. Straight at the stop sign. Turn right on Formosa Blvd and into Oak Island Cove. Home will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5810710?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5810710?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01692
  • Price per Sq Ft: 156.04
  • Close to Original List Price Ratio: 1.01692
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Master Bedroom Main Floor
  • Appliances Included: Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Street Number Modifier: 2815
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Irrigation System, Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12097C0030G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 850
  • Association Fee Frequency: Annually
  • Association Name: Community Management Specialist
  • Phone: 407-359-7202
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 850
  • Monthly HOA Fee: 70.83
  • Total Monthly Fees: 70.83

Lot Info

  • Zoning: OPUD
  • Parcel Number: 09-25-27-4457-0001-0610
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2013-06-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Pet Restrictions: Contact HOA
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3494
  • Tax Block: 1
  • Tax Book Number: 7-72-75
  • Tax Lot: 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Oct 21, 2019
Sold by
Layer Jeffrey William
Bought by
Deng Quan and Pan Li
Seller's Agent
Michael Mello
PREFERRED REAL ESTATE BROKERS II
Buyer's Agent
Erika Phelan
BUYERS BROKER OF FLORIDA
List Price
$325,000
Sold Price
$330,500
Premium/Discount to List
$5,500
1.69%
Current Estimated Value
$462,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,677
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
Oct 16, 2014
Closed on
Jun 17, 2015
Sold by
Gethings Deirdre and Gethings Austin
Bought by
Loper Jeffrey William
Seller's Agent
Greg Owen
EASY REALTY
Buyer's Agent
Michael Mello
PREFERRED REAL ESTATE BROKERS II
List Price
$219,000
Sold Price
$205,000
Premium/Discount to List
-$14,000
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$143,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2009
Sold by
Sobolewski Terry L and Mclaughlin Terry L
Bought by
Gethings Austin and Gethings Deirde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Turner David and Turner Robin
Bought by
Mclaughlin Edward W and Mclaughlin Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 12, 1999
Sold by
Robins S P and Robins P
Bought by
Turner David and Turner Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Interest Rate
6.74%
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
Deng Quan $330,500 None Available
Loper Jeffrey William $205,000 Stewart Title Company
Gethings Austin $225,000 A-Z Team Title Llc
Mclaughlin Edward W $392,000 Equitable Title Agency Inc
Turner David $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loper Jeffrey William $143,500
Previous Owner Gethings Austin $157,500
Previous Owner Mclaughlin Edward W $313,600
Previous Owner Turner David $165,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2019 10/21/19 Sold $330,500 +1.7% $156 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $325,000 +58.5% $153 / Sq Ft
08/17/2018 08/17/18 Off Market $205,000 -- --
06/18/2015 06/18/15 Sold $205,000 -6.4% $97 / Sq Ft View Prior Sale
04/10/2015 04/10/15 Pending -- -- --
04/09/2015 04/09/15 Price Changed $219,000 0.0% $103 / Sq Ft
04/09/2015 04/09/15 For Sale $219,000 -6.8% $103 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
02/01/2015 02/01/15 Price Changed $234,950 -1.1% $111 / Sq Ft
01/27/2015 01/27/15 Price Changed $237,450 -1.0% $112 / Sq Ft
01/14/2015 01/14/15 Price Changed $239,950 -1.6% $113 / Sq Ft
12/29/2014 12/29/14 Price Changed $243,950 -0.8% $115 / Sq Ft
12/22/2014 12/22/14 Price Changed $245,950 -0.8% $116 / Sq Ft
12/15/2014 12/15/14 Price Changed $247,950 -0.8% $117 / Sq Ft
10/24/2014 10/24/14 For Sale $249,950 +21.9% $118 / Sq Ft
10/16/2014 10/16/14 Off Market $205,000 -- --
10/16/2014 10/16/14 For Sale $249,950 -- $118 / 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
2024 $5,347 $406,700 $89,200 $317,500
2023 $5,347 $282,172 $0 $0
2022 $4,482 $305,200 $49,500 $255,700
2021 $3,962 $233,200 $38,500 $194,700
2020 $3,793 $221,700 $38,500 $183,200
2019 $3,578 $207,700 $35,200 $172,500
2018 $3,494 $200,600 $33,000 $167,600
2017 $3,394 $189,400 $28,600 $160,800
2016 $3,340 $185,100 $26,400 $158,700
2015 $3,095 $175,100 $26,400 $148,700
2014 $2,687 $143,700 $26,400 $117,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5810710

Stellar MLS

APN: 09-25-27-4457-0001-0610