NOT LISTED FOR SALE

3000 Maingate Ln Unit 304 Kissimmee, FL 34747

Magic Village Neighborhood

Estimated Value: $88,917

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

Last Sold December 11, 2017

Last sale price $50,000 $164 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $863/month

72 Days on Market

Highlights

  • Heated In Ground Pool
  • Pool View
  • Wine Refrigerator
  • 10 Acre Lot
  • Furnished
  • Mature Landscaping

About This Home

As of December 2017

INVESTOR ALERT - This pool view condo-hotel room in the Galleria Palms is located close to parks, dining and entertainment. The Resort has recently completed a $1,000,0000 plus renovation. This 3rd floor suite has 2 new 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, concierge 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 onsite.*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: 09/22/2017

Last Buyer's Agent

Rebecca Larson

ENGEL & VOLKERS ST. PETE License #3034475

ENGEL & VOLKERS ST. PETE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $465

Year Built

  • Built in 1998

Lot Details

  • Mature Landscaping
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Condo Hotel
  • Entry on the 3rd floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 304 Sq Ft Home
  • Wet Bar
  • Furnished
  • Bar Fridge
  • Ceiling Fan
  • Blinds
  • Pool Views

Kitchen

  • Microwave
  • Wine Refrigerator

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Exterior Lighting

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, electricity, internet, maintenance structure, ground maintenance, pest control, sewer, trash, water
  • 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

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$465

Year Built

Built in 1998

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Electricity, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block, 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: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Floor Number: 3
  • List Office Head Office Key Nume: 1042400
  • RATIO Current Price By Calculate: 164.47
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, Wet Bar, 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: Heated, In Ground
  • Exterior Features: Lighting
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Pool
  • 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, Open

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Elevator(s), Laundry
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Fire Sprinkler System, 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: 02-25-27-4123-0001-3040
  • Additional Parcels: No
  • Lot Features: 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: 3040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Dec 11, 2017
Sold by
Ly Ha
Bought by
Dwyer James A
Seller's Agent
Janine Venturella
NABE REALTY
Buyer's Agent
Rebecca Larson
ENGEL & VOLKERS ST. PETE
List Price
$54,000
Sold Price
$50,000
Premium/Discount to List
-$4,000
-7.41%
Current Estimated Value
$88,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,917
Avg. Annual Appreciation
7.72%

Purchase Details

Listed on
Mar 31, 2012
Closed on
May 31, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Ly Ha
Seller's Agent
Pamela Coskey
RE/MAX PREMIER REALTY LADY LK
Buyer's Agent
Andy Katzman
ORLANDO REALTY PROFESSIONALS
List Price
$26,000
Sold Price
$26,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%

Purchase Details

Closed on
Jan 11, 2012
Sold by
Heggans Timothy Derrick and Heggans Tanya
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 11, 2006
Sold by
Sf Development Llc
Bought by
Heggans Timothy Derrick

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
7.62%
Mortgage Type
Commercial
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
Dwyer James A $50,000 Traditions Title & Escrow Ll
Ly Ha $26,000 Fidelity Natl Title Fl Inc
Hsbc Bank Usa National Association -- None Available
Heggans Timothy Derrick $149,500 Sonoma Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heggans Timothy Derrick $119,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $50,000 -- --
12/11/2017 12/11/17 Sold $50,000 -7.4% $164 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $54,000 +107.7% $178 / Sq Ft
06/16/2014 06/16/14 Off Market $26,000 -- --
05/31/2012 05/31/12 Sold $26,000 0.0% $86 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $26,000 -- $86 / 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: S4851632

Stellar MLS

APN: 02-25-27-4123-0001-3040