NOT LISTED FOR SALE

Estimated Value: $484,000 - $680,000

5 Beds
3 Baths
2,222 Sq Ft
$258/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $390,000 $176 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,686/month

45 Days on Market

Highlights

  • Guest House
  • Property is near public transit
  • Attic
  • Deck
  • Wood Flooring
  • 4-minute walk to Festival Park

About This Home

As of April 2019

Excellent investment opportunity in Downtown Orlando’s desirable Milk District. The property features two separate buildings. The front building includes 2 units: 1bed/1bath unit and a 2bed/1bath. The rear building includes (1) 2bed/1bath unit. All units have their own washer and dryer, Full kitchen's and Living Rooms. All 3 units have tile/hardwood/luxury wood plank vinyl. 2 of the units have a private fully fenced yard. All units are currently rented with a total monthly income of $3625. (Copy of Leases available) With the Milk District only growing in popularity this is a wonderful opportunity to invest in one of Orlando’s hottest areas. Call today to schedule a private showing. Serious Inquiries only; must show POF or Pre-approval to schedule showings.

Last Agent to Sell the Property

Veronica Figueroa

EXP REALTY LLC License #3012144 Listed on: 02/08/2019

EXP REALTY LLC

Last Buyer's Agent

Michael Shulman

LPT REALTY, LLC License #3085025

LPT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,570

Year Built

  • Built in 1950

Lot Details

  • 8,174 Sq Ft Lot
  • Lot Dimensions are 60x135
  • Fenced
  • Level Lot

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • In-Law or Guest Suite
  • 2,222 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Family Room
  • Bonus Room
  • Laundry in unit
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Additional Homes

  • Guest House

Location

  • Property is near public transit
  • City Lot

Schools

  • Lake Como Elementary School
  • Edgewater High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,278 Sq Ft Building
  • Oak Lane Sub Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $43,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,570

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2222
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 2278
  • Lot Size Sq Ft: 8174
  • Tenant Pays: Electricity, Water
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5761851&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5761851&cview=true&show_results=true&customer_portal=true
  • Unit Count: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.86686
  • Price per Sq Ft: 175.52
  • Close to Original List Price Ratio: 0.78016
  • Ratio: Current Price\Building Area Total: 171.2
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Additional Rooms: Attic, Bonus Room, Family Room, Interior In-Law Suite
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Guest House
  • Exterior Features: Fenced, French Doors, Lighting, Sidewalk
  • Roof: Other, Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0265F
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No
  • Amenities Additional Fees: Buyer's responsibility to confirm all information is accurate with the City of Orlando.
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Lake Como Elem
  • High School: Edgewater High

Lot Info

  • Zoning: R-2A/T/AN
  • Parcel Number: 30-22-30-6036-00-080
  • Additional Parcels: No
  • Lot Features: City Lot, Level, Near Public Transit, Sidewalk
  • Lot Dimensions: 60x135
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 3735
  • Minimum Lease: No Minimum
  • Approval Process: Buyer's responsibility to confirm all information is accurate with the City of Orlando.
  • Pet Restrictions: Buyer's responsibility to confirm all information is accurate with the City of Orlando.
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 43500
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4570
  • Tax Block: 0
  • Tax Book Number: R-63
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Shulman Michael
Bought by
Shulman Michael
Current Estimated Value
$573,223

Purchase Details

Listed on
Feb 8, 2019
Closed on
Apr 5, 2019
Sold by
Muchow Suzanne and Muchow William Joseph
Bought by
Shulman Michael
Seller's Agent
Veronica Figueroa
EXP REALTY LLC
Buyer's Agent
Michael Shulman
LPT REALTY, LLC
List Price
$449,900
Sold Price
$390,000
Premium/Discount to List
-$59,900
-13.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Jul 31, 2017
Sold by
Taylor Angel
Bought by
Muchow William Joseph and Muchow Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,125
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2006
Sold by
Cunin C Dennis and Cunin Deborah K
Bought by
Taylor Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 8, 1994
Sold by
Guinta Dominick T and Guinta Rose A
Bought by
Cunin C Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
9.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shulman Michael $100 None Listed On Document
Shulman Michael $390,000 Fidelity Natl Ttl Of Fl Inc
Muchow William Joseph $281,500 Fidelity National Title Of F
Taylor Angel $249,900 None Available
Cunin C Dennis $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muchow William Joseph $211,125
Previous Owner Taylor Angel $149,900
Previous Owner Cunin C Dennis $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $390,000 -13.3% $176 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $449,900 0.0% $202 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
03/04/2019 03/04/19 Price Changed $449,900 -10.0% $202 / Sq Ft
02/08/2019 02/08/19 For Sale $499,900 -- $225 / 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
2025 $8,618 $525,905 -- --
2024 $8,078 $478,095 -- --
2023 $8,078 $522,623 $185,000 $337,623
2022 $7,024 $419,868 $135,000 $284,868
2021 $6,137 $326,545 $120,000 $206,545
2020 $5,695 $313,231 $120,000 $193,231
2019 $4,981 $259,883 $100,000 $159,883
2018 $4,570 $233,857 $78,000 $155,857
2017 $3,154 $163,740 $78,000 $85,740
2016 $2,988 $156,164 $71,000 $85,164
2015 $2,855 $150,226 $68,000 $82,226
2014 $2,516 $121,549 $62,000 $59,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5761851

Stellar MLS

APN: 30-2230-6036-00-080