$45,000
SOLD MAY 12, 2017

3000 Maingate Ln Unit 211 Kissimmee, FL 34747

Magic Village Neighborhood
1 Bed
1 Bath
304 Sq Ft
$300/mo HOA Fee

Recently Sold

$148 Per Sq Ft

2% Below List Price

Highlights

  • In Ground Pool
  • Property is near public transit
  • Wine Refrigerator
  • 10 Acre Lot
  • Furnished
  • Bar Fridge

About This Home

As of December 2020

INVESTOR ALERT - This condo-hotel room in the Galleria Palms located close to parks, dining and entertainment. The Resort has recently completed a $1,000,0000 plus renovation. This 2nd floor suite has 2 queen beds, recently painted, upgraded with crown molding, tile flooring in bath and foyer, wall-mounted flat screen TV, granite vanity with microwave, mini-fridge, coffee maker, wet bar, upgraded wi-fi, iron/ironing board and USB ports in the lighting fixtures all for your convinience. Bathroom offers dual sinks with granite. Complimentary shuttle service to parks, conceiers service to assist with plans during stay and a hot breakfast served daily in lobby. Take a swim in the pool and relax on sun deck! This condo-hotel offers investors the perfect combination of hassle free investment and a wonderful place to stay while in the Orlando area. There is a full-time property management company. *Owners cannot occupy longer than 14 days at any one stay. The unit cannot be removed from the onsite rental program.

Last Agent to Sell the Property

Janine Venturella

NABE REALTY License #3301586 Listed on: 04/26/2017

Last Buyer's Agent

Janine Venturella

NABE REALTY License #3301586 Listed on: 04/26/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $465

Year Built

  • Built in 1998

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 304 Sq Ft Home
  • Furnished
  • Bar Fridge
  • Dry Bar
  • Ceiling Fan
  • Blinds
  • Carpet
  • Laundry in Hall

Kitchen

  • Microwave
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Zero Lot Line
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Meridian Palms Comm Condo Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$465

Year Built

Built in 1998

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 304
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 304
  • Lot Size Sq Ft: 131
  • Directions to Property: Take I-4 towards 192 East, turn left onto Maingate Lane
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Floor Number: 3
  • List Office Head Office Key Nume: 1042400
  • RATIO Current Price By Calculate: 148.03
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Elevator, Window Treatments
  • Appliances Included: Bar Fridge, Microwave, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 3000
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 3

Exterior Features

  • Pool Features: Gunite, In Ground
  • Exterior Features: Lighting
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2013-06-18T00:00:00.000
  • Flood Zone Panel: 12097C0030G

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Elevator(s), Laundry, Security
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 300.00

Lot Info

  • Zoning: OTSC
  • Parcel Number: 02-25-27-4123-0001-2110
  • Additional Parcels: No
  • Lot Features: Near Public Transit, Sidewalk, Paved, Zero Lot Line
  • Flood Zone Code: X
  • Homestead YN: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 465
  • Tax Block: 1
  • Tax Book Number: 3356-1665
  • Tax Lot: 211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Dec 8, 2020
Sold by
Cheag Zhang
Bought by
Yi Tomsik Eliza
Seller's Agent
Janine Venturella
NABE REALTY
Buyer's Agent
Lisa Wu
HOME REALTY & MANAGEMENT LLC
List Price
$47,000
Sold Price
$38,000
Premium/Discount to List
-$9,000
-19.15%
Current Estimated Value
$54,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,560
Avg. Annual Appreciation
8.01%

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 12, 2017
Sold by
Rudd Del
Bought by
Zhang Cheng
Seller's Agent
Janine Venturella
NABE REALTY
Buyer's Agent
Janine Venturella
NABE REALTY
List Price
$46,000
Sold Price
$45,000
Premium/Discount to List
-$1,000
-2.17%

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%

Purchase Details

Closed on
Jul 8, 2009
Sold by
Homesales Inc
Bought by
Rudd Del

Purchase Details

Closed on
Apr 27, 2009
Sold by
Asselin Clint J and Asselin Lori D
Bought by
Homesales Inc

Purchase Details

Closed on
Dec 11, 2006
Sold by
Sf Development Llc
Bought by
Asselin Clint J and Asselin Lori D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
7.87%
Mortgage Type
Commercial
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 $38,000 Traditions T&E Llc
Warranty Deed $45,000 Traditions Title & Escrow Ll
Special Warranty Deed $16,200 Attorney
Trustee Deed -- None Available
Warranty Deed $149,500 Sonoma Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $119,600 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $38,000 -15.6% $125 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
09/09/2020 09/09/20 Price Changed $45,000 -4.3% $148 / Sq Ft
07/17/2020 07/17/20 For Sale $47,000 +4.4% $155 / Sq Ft
08/17/2018 08/17/18 Off Market $45,000 -- --
05/12/2017 05/12/17 Sold $45,000 -2.2% $148 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $46,000 -- $151 / 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 $1,065 $64,400 -- $64,400
2023 $1,065 $43,076 $0 $0
2022 $861 $39,900 $0 $39,900
2021 $822 $35,600 $0 $35,600
2020 $969 $44,600 $0 $44,600
2019 $954 $41,100 $0 $41,100
2018 $948 $41,500 $0 $41,500
2017 $518 $16,400 $0 $16,400
2016 $465 $12,200 $0 $12,200
2015 $458 $12,200 $0 $12,200
2014 $389 $12,200 $0 $12,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S4845483

Stellar MLS

APN: 02-25-27-4123-0001-2110