NOT LISTED FOR SALE

3000 Maingate Ln Unit 511 Kissimmee, FL 34747

Magic Village Neighborhood

Estimated Value: $75,607

1 Bed
1 Bath
300 Sq Ft
$375/mo HOA Fee

Last Sold November 27, 2023

Last sale price $80,000 $267 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $858/month

18 Days on Market

Highlights

  • Community Pool
  • Wet Bar
  • Card or Code Access
  • Bar Fridge
  • Crown Molding
  • Accessible Approach with Ramp

About This Home

As of November 2023

Investor Alert! Fully furnished 5th floor unit where you can enjoy the sights of fireworks nightly located in The Galleria Palms Resort. Located just 5 min from Disney, and within 30 min. of Universal Orlando, SeaWorld, Downtown Orlando, and more! This condo-hotel provides guests with a concierge desk to assist with dining and entertainment reservations, 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 on the sun deck. Reserve the room anytime for family and friends (14 day stay at any one period of time, some holiday restrictions apply) and reap the rewards of rental income. This sizable suite features tasteful modern decor, crown molding, and granite counters. King size bed, 49" flatscreen TV, kitchenette with mini-fridge and microwave. Newer roof, windows and A/C units all add to the value of this property. The Galleria Palms offers owners the perfect combination of hassle-free investment and a place to vacation and enjoy for years to come. Full time on-site property management to take care of everything! All units must remain in the on-site rental program.

Last Agent to Sell the Property

Janine Venturella

NABE REALTY Brokerage Phone: 800-808-4870 License #3301586 Listed on: 10/09/2023

Last Buyer's Agent

Sara Maizie

CHARLES RUTENBERG REALTY ORLANDO License #3255004

CHARLES RUTENBERG REALTY ORLANDO

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $708

Year Built

  • Built in 1998

Lot Details

  • Northeast Facing Home
  • Landscaped

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Condo Hotel
  • Entry on the 5th floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 300 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • Window Treatments
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Grip-Accessible Features
  • Accessible Bedroom
  • Accessible Closets
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1511 / 1
  • Assessor Parcel Number 02-25-27-4123-0001-5110

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, electricity, internet, maintenance structure, ground maintenance, management
  • Chuck Warczak Association, Phone Number (775) 980-7777
  • Meridian Palms Comm Condo Subdivision
  • The community has rules related to deed restrictions
  • 5-Story Property

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$708

Year Built

Built in 1998

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Electricity, Internet, Maintenance Structure, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 300
  • New Construction: No
  • Year Built: 1998
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Closets, Accessible Elevator Installed, Accessible Entrance, Accessible Full Bath, Grip-Accessible Features
  • Building Area Total: 300
  • Lot Size Sq Ft: 131
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 5
  • RATIO Current Price By Calculate: 266.67
  • Total Acreage: Non-Applicable
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Thermostat, Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Stories: 5
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 27.87

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Sidewalks
  • Association Amenities: Cable TV, Elevator(s), Laundry, Lobby Key Required, Pool
  • Association Fee: 375
  • Association Fee Frequency: Monthly
  • Association Name: Chuck Warczak
  • Phone: 775-980-7777
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 4500.00
  • Total Monthly Fees: 375.00
  • Monthly HOA Amount: 375.00

Lot Info

  • Zoning: OTSC
  • Parcel Number: 02-25-27-4123-0001-5110
  • Additional Parcels: No
  • Lot Features: Landscaped, Sidewalk
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 708.29
  • Tax Block: 1
  • Tax Book Number: 3356-1665
  • Tax Lot: 1511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Nov 24, 2023
Sold by
Norstrem Edward J and Norstrem Valerie J
Bought by
Link Casa Llc
Seller's Agent
Janine Venturella
NABE REALTY
Buyer's Agent
Sara Maizie
CHARLES RUTENBERG REALTY ORLANDO
List Price
$81,500
Sold Price
$80,000
Premium/Discount to List
-$1,500
-1.84%
Views
59
Current Estimated Value
$75,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,393
Avg. Annual Appreciation
-2.90%

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 31, 2020
Sold by
Self Donnie and Self Joyce
Bought by
Norstrem Edward J and Norstrem Valerie J
Seller's Agent
Janine Venturella
NABE REALTY
Buyer's Agent
Janine Venturella
NABE REALTY
List Price
$47,000
Sold Price
$40,000
Premium/Discount to List
-$7,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.14%

Purchase Details

Closed on
Jan 5, 2007
Sold by
Sf Development Llc
Bought by
Self Donnie and Self Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
6.05%
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
Link Casa Llc $80,000 Traditions Title & Escrow
Norstrem Edward J $40,000 Traditions T&E Llc
Norstrem Edward J $40,000 Magwood Megan
Self Donnie $154,900 Sonoma Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Self Donnie $123,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2023 11/27/23 Sold $80,000 -1.8% $267 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $81,500 +103.8% $272 / Sq Ft
07/31/2020 07/31/20 Sold $40,000 -14.9% $133 / Sq Ft View Prior Sale
07/05/2020 07/05/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $47,000 -- $157 / 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 $1,056 $63,500 -- $63,500
2023 $1,056 $42,592 $0 $0
2022 $855 $39,400 $0 $39,400
2021 $816 $35,200 $0 $35,200
2020 $711 $44,000 $0 $44,000
2019 $708 $40,600 $0 $40,600
2018 $683 $41,000 $0 $41,000
2017 $517 $16,200 $0 $16,200
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

  • Janine Venturella

    Seller's Agent in 2023

    Janine Venturella

    NABE REALTY

    (724) 252-5561

    27 in this area

    68 Total Sales

    Janine Venturella
    Section Image
  • Sara Maizie

    Buyer's Agent in 2023

    Sara Maizie

    CHARLES RUTENBERG REALTY ORLANDO

    (407) 885-6092

    1 in this area

    36 Total Sales

    Sara Maizie
    Section Image
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Map

Source: Stellar MLS

MLS Number: S5092559

Stellar MLS

APN: 02-25-27-4123-0001-5110

Florida Osceola County Kissimmee 34747 Magic Village

3000 Maingate Ln Unit 511, Kissimmee, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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