NOT LISTED FOR SALE

3000 Maingate Ln Unit 403 Kissimmee, FL 34747

Magic Village Neighborhood

Estimated Value: $94,791

1 Bed
1 Bath
304 Sq Ft
$330/mo HOA Fee

Last Sold January 04, 2019

Last sale price $57,000 $188 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $920/month

4 Days on Market

Highlights

  • In Ground Pool
  • Pool View
  • Stone Countertops
  • 0.25 Acre Lot
  • Furnished
  • Elevator

About This Home

As of January 2019

Fully Furnished Condo ~ 2 miles from Disney's Maingate! Situated in The Galleria Palms Hotel in Kissimmee, which recently had a $1,000,000+ renovation! Fantastic location just 5 min from Disney, and within 30 min of Universal Orlando, SeaWorld, Downtown Orlando, and more! This condo-hotel provides guests with complimentary shuttle service to all your favorite Orlando theme parks, hot breakfast served daily in the onsite cafe, and free wifi. When you are not at the parks, take a dip in the sparkling swimming pool or relax and bake on the sun deck. Reserve the room anytime for family and friends, and reap the rewards of rental income in the meantime. This sizable suite features tasteful modern decor, crown molding, and granite counters. Double queen beds, 49" flatscreen TV, kitchenette with mini-fridge and microwave. Galleria Palms offers owners the perfect combination of hassle-free investment and a vacation rental you can enjoy for years to come. With full on-site management, you will have peace of mind knowing your investment is being cared for 24/7! Stop wasting money on pricey hotels, and start earning, today!

Last Agent to Sell the Property

Tamara Martin

INFINITY REAL ESTATE GROUP License #3187831 Listed on: 11/30/2018

Last Buyer's Agent

Janine Venturella

NABE REALTY License #3301586

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $686

Year Built

  • Built in 1998

Lot Details

  • 0.25

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Condo Hotel
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 304 Sq Ft Home
  • Wet Bar
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Pool Views

Kitchen

  • Microwave
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, electricity, gas, insurance, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, security, sewer, trash, water
  • Meridian Palms Comm Condo Subdivision
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$686

Year Built

Built in 1998

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Electricity, Gas, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 304
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 304
  • Lot Size Sq Ft: 131
  • Directions to Property: I-4 west to exit 64, and turn right onto US-192 towards Magic Kingdom. Follow approx. 3 miles and turn right onto Maingate Lane.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5748927&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5748927&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.95159
  • Price per Sq Ft: 187.5
  • Close to Original List Price Ratio: 0.95159
  • Ratio: Current Price\Building Area Total: 187.5
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Stone Counters, Wet Bar, Window Treatments
  • Appliances Included: Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 5
  • Window Features: Window Treatments
  • Street Number Modifier: 3000
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, In Ground
  • Exterior Features: Lighting, Sidewalk
  • Roof: Tile
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity 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: Pool
  • Association Amenities: Cable TV, Elevator(s), Laundry, Pool
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3960
  • Monthly HOA Fee: 330
  • Total Monthly Fees: 330

Lot Info

  • Zoning: OTSC
  • Parcel Number: 02-25-27-4123-0001-4030
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Owners must use onsite management company. Owners cannot occupy property longer than 14 days during any one stay.

Tax Info

  • Tax Annual Amount: 686
  • Tax Block: 1
  • Tax Book Number: 3356-1665
  • Tax Lot: 403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jan 4, 2019
Sold by
Green Julie and Green Kimball
Bought by
Bonka Robert
Seller's Agent
Tamara Martin
INFINITY REAL ESTATE GROUP
Buyer's Agent
Janine Venturella
NABE REALTY
List Price
$59,900
Sold Price
$57,000
Premium/Discount to List
-$2,900
-4.84%
Current Estimated Value
$94,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,791
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Apr 9, 2013
Sold by
Db Land Investments Inc
Bought by
Green Julie and Green Kimball

Purchase Details

Closed on
Mar 1, 2013
Sold by
Claiborne Toure S and Claiborne Saundra
Bought by
Db Land Investments Inc

Purchase Details

Closed on
Dec 8, 2006
Sold by
Sf Development Llc
Bought by
Claiborne Toure S and Claiborne Saundra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
7.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Bonka Robert $57,000 Security Natl Title & Escro
Green Julie $29,900 Bay Breeze Title Services Ll
Db Land Investments Inc $22,000 Bay Breeze Title Svcs Llc
Claiborne Toure S $149,900 Sonoma Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Claiborne Toure S $134,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2019 01/04/19 Sold $57,000 -4.8% $188 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/30/2018 11/30/18 For Sale $59,900 -- $197 / 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 $1,018 $64,400 -- $64,400
2023 $1,018 $37,994 $0 $0
2022 $846 $44,900 $0 $44,900
2021 $758 $31,400 $0 $31,400
2020 $1,034 $48,800 $0 $48,800
2019 $711 $41,100 $0 $41,100
2018 $686 $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: O5748927

Stellar MLS

APN: 02-25-27-4123-0001-4030