NOT LISTED FOR SALE

307 W Lancaster Rd Orlando, FL 32809

Estimated Value: $285,000

8 Beds
4 Baths
7,088 Sq Ft
$40/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $575,000 $81 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,885/month

6 Days on Market

Highlights

  • 0.43 Acre Lot
  • Cooling Available
  • Heating Available
  • No HOA

About This Home

As of September 2019

This property consists of 2 quadruplexes for a total of 8 units. Parcel #'s 23-23-29-0000-00-014, 307 W. Lancaster Road and 23-23-29-0000-00-140, 6350 Sheryl Ann Drive. Located on the Northwest corner of Lancaster Road and Sheryl Ann Drive, in Pine Castle. Property is currently managed by the owners. A new roof was installed on both buildings in 2018.
DO NOT DISTURB TENANTS!!! Showing can be arranged for serious qualified prospects. Inspection with accepted contract or LOI.

Last Agent to Sell the Property

Pete Vogt, Jr

License #91816 Listed on: 07/24/2019

Last Buyer's Agent

Richard G

PLATINUM PROPERTY REALTY LLC License #3208549

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,438

Year Built

  • Built in 1962

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 54x130x140x54x200x185
  • Additional Parcels

Home Design

  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 7,088 Sq Ft Home
  • Decorative Fireplace

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units
  • Pine Castle Subdivision

Building Details

  • Gross Income $79,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,438

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 7088
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 1962
  • Lot Size Sq Ft: 18642
  • Number Of Lots: 2
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5800983?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5800983?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95833
  • Price per Sq Ft: 81.12
  • Close to Original List Price Ratio: 0.95833
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Fireplace Features: Decorative
  • Living Area Units: Square Feet
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0410F

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-3
  • Parcel Number: 23-23-29-0000-00-014
  • Additional Parcels: Yes
  • Lot Dimensions: 54x130x140x54x200x185
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 6600

Multi Family

  • Gross Income: 79200
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 3438
  • Tax Block: 00
  • Tax Book Number: 0000
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Sep 25, 2019
Sold by
Elferdink William A and Elferdink Paul F
Bought by
Gutierrez Richard and Gutierrez Vanessa Sophie
Seller's Agent
Pete Vogt, Jr
Buyer's Agent
Richard G
PLATINUM PROPERTY REALTY LLC
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Current Estimated Value
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$290,000
Avg. Annual Appreciation
-14.24%
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
Gutierrez Richard $575,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Sold $575,000 -4.2% $81 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $600,000 -- $85 / 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 $4,717 $242,290 $80,000 $162,290
2024 $4,219 $228,130 $80,000 $148,130
2023 $4,219 $205,150 $80,000 $125,150
2022 $3,912 $198,923 $72,000 $126,923
2021 $3,645 $178,067 $56,000 $122,067
2020 $3,443 $188,335 $56,000 $132,335
2019 $3,498 $194,242 $56,000 $138,242
2018 $3,438 $195,641 $56,000 $139,641
2017 $3,283 $188,805 $48,000 $140,805
2016 $2,477 $98,883 $20,000 $78,883
2015 $2,429 $97,647 $20,000 $77,647
2014 $2,529 $98,782 $21,135 $77,647
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Pete Vogt, Jr

    Section Image

  • R

    Buyer's Agent in 2019

    Richard G

    PLATINUM PROPERTY REALTY LLC

    (407) 484-0604

    5 Total Sales

    Richard G
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5800983

Stellar MLS

APN: 23-2329-0000-00-014

Florida Orange County Orlando 32809

307 W Lancaster Rd, Orlando, 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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