$350,000
SOLD JAN 25, 2023

2955 Banana Palm Dr Kissimmee, FL 34747

4 Beds
3 Baths
1,902 Sq Ft
$565/mo HOA Fee

Recently Sold

$184 Per Sq Ft

11% Below List Price

110 Days on Market

About This Home

As of January 2023

Own a piece of Paradise! This townhome includes four bedrooms, three bathrooms, and a combination living and dining room perfect for entertaining. Additional space includes a large covered patio and a spacious master suite. Paradise Palms features elegant resort vacation townhomes and villas, the perfect place to call home. Families can enjoy some of the very best entertainment in a full-service vacation resort environment, including concierge service, 24-hour manned security gate, 24-hour digital video surveillance security, high-speed internet with wireless Clubhouse and pool coverage, and so much more. The community location offers easy access to Orlando's US 192, I-4, SR 417 and Route 27, and is minutes away from the Walt Disney World Resort, Universal Orlando Resort and SeaWorld Orlando.
The good news for the investor, the house is already 100% leased until February 2023.

Last Agent to Sell the Property

Tiago Begliomini

FLORIDA 360 REALTY LLC License #3498795 Listed on: 08/11/2022

Last Buyer's Agent

Tiago Begliomini

FLORIDA 360 REALTY LLC License #3498795 Listed on: 08/11/2022

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,804

Year Built

2015

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1902
  • Lot Size Acres: 0.05
  • New Construction: No
  • Year Built: 2015
  • Lot Size Sq Ft: 2178
  • Directions to Property: Hwy 192 west to Westside Blvd, turn left, 0.8 miles to Paradise Palms on left side. Guard at gate will give directions to property.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6051343?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6051343?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 4075766727
  • Ratio: Close Price\List Price: 0.88608
  • Price per Sq Ft: 184.02
  • Close to Original List Price Ratio: 0.76923
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Attic Fan
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 2955
  • Room Count: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: North
  • Pool Features: Tile
  • Exterior Features: Outdoor Grill, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Playground, Pool, Sidewalk
  • Association Fee: 565
  • Association Fee Frequency: Monthly
  • Association Name: Timothy Detwiler
  • Association: Yes
  • Senior Community: No
  • Condo Fees Term: Monthly
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6780
  • Monthly HOA Fee: 565
  • Total Monthly Fees: 565

Lot Info

  • Zoning: 300
  • Parcel Number: 06-25-27-4698-0001-0440
  • Additional Parcels: No
  • Flood Zone Code: A
  • Land Lease Expiration Date: 2023-02-01
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 3712.12
  • Tax Block: 1
  • Tax Book Number: 23-41
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Jan 25, 2023
Sold by
Brites Leandro Rodrigues Lamac
Bought by
Baracoa Llc
Seller's Agent
Tiago Begliomini
FLORIDA 360 REALTY LLC
Buyer's Agent
Tiago Begliomini
FLORIDA 360 REALTY LLC
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$245,000
Outstanding Balance
$238,556
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$152,525

Purchase Details

Closed on
Aug 7, 2015
Sold by
Lennar Homes Llc
Bought by
Brites Leandro Rodrigues Lamac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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 $350,000 --
Special Warranty Deed $269,000 North American Title Company
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 New Conventional
Previous Owner $174,800 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Price Changed $410,000 -4.7% $216 / Sq Ft
10/30/2024 10/30/24 For Sale $430,000 0.0% $226 / Sq Ft
10/30/2024 10/30/24 Off Market $430,000 -- --
01/25/2023 01/25/23 Sold $350,000 -11.4% $184 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $395,000 0.0% $208 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/08/2022 11/08/22 Price Changed $395,000 -3.7% $208 / Sq Ft
11/08/2022 11/08/22 Price Changed $410,000 -2.4% $216 / Sq Ft
11/02/2022 11/02/22 Price Changed $420,000 -2.1% $221 / Sq Ft
09/29/2022 09/29/22 Price Changed $429,000 -1.4% $226 / Sq Ft
09/19/2022 09/19/22 Price Changed $435,000 -4.4% $229 / Sq Ft
08/11/2022 08/11/22 For Sale $455,000 -- $239 / 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 $4,804 $346,000 $52,000 $294,000
2023 $4,804 $243,573 $0 $0
2022 $4,235 $279,800 $23,600 $256,200
2021 $3,712 $201,300 $23,600 $177,700
2020 $3,687 $197,600 $23,600 $174,000
2019 $3,647 $182,000 $23,600 $158,400
2018 $4,192 $217,600 $23,600 $194,000
2017 $4,426 $227,600 $23,600 $204,000
2016 $4,708 $244,200 $23,600 $220,600
2015 $1,079 $19,500 $19,500 $0
2014 $120 $7,500 $7,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6051343

Stellar MLS

APN: 06-25-27-4698-0001-0440