NOT LISTED FOR SALE

344 Cervantes Dr Kissimmee, FL 34743

Estimated Value: $227,310 - $237,000

2 Beds
2 Baths
960 Sq Ft
$240/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $224,500 $234 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,605/month

5 Days on Market

About This Home

As of February 2022

A fabulous home in a fabulous community at a bargain price. Rio Hills is a gated community of 50 town homes with a community pool and clubhouse. This community is professionally managed and maintained to very high standards. 344 Cervantes Drive is an immaculate home with lots of upgrades completed by current owner. As you enter this home you enter the welcoming living room. Beyond that is the spacious eat-in kitchen with an abundance of storage and counter top space. The kitchen dining area overlooks through sliding glass doors the sunny outside patio.There is a 1/2 bath/powder room on this level. Upstairs are the bedrooms and full bathroom. The proud owners of this home have completed tasteful upgrades including new laminate flooring installed 2020, upgraded plumbing faucets in bathrooms and kitchen. A new roof was installed in 2019 and some new appliances were installed in 2018. This home is presented for sale in pristine condition and is move-in ready and must be seen to be appreciated.

Last Agent to Sell the Property

Eugene Bellew

BELLEW REAL ESTATE License #3215445 Listed on: 12/17/2021

Last Buyer's Agent

Eugene Bellew

BELLEW REAL ESTATE License #3215445 Listed on: 12/17/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,615

Year Built

  • 2003

Lot Details

  • 0.25

HOA Fees

  • $168 Monthly HOA Fees

Home Design

  • Planned Development

Interior Spaces

  • Family Room
  • Attic

Listing and Financial Details

Community Details

Overview

Pet Policy

  • Pets up to 20 lbs
  • 3 Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,615

Year Built

2003

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Carport Y N: No
  • Directions: From Osceola Pkwy go south on Buenaventura Blvd for 1.84 miles. Turn right onto Oakwood Dr. Take the 1st right onto Cervantes Dr (Gate access required). 344 Cervantes Dr straight aheadis on the left
  • Garage Yn: No
  • New Construction: No
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • Subdivision Name: RIO HILLS
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5060379?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5060379?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.97609
  • Price per Sq Ft: 233.85
  • Close to Original List Price Ratio: 0.97609
  • Ratio: Current Price\Building Area Total: 233.85
  • Special Features: None
  • Year Built: 2003

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Dormitorio Principal Arriba, Solid Wood Cabinets
  • Window Features: Blinds, Window Treatments
  • Room Count: 5
  • Additional Rooms: Attic, Family Room

Exterior Features

  • Roof: Shingle
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Foundation Details: Slab
  • Construction Type: Block, Stucco, Wood Frame
  • Direction Faces: Northeast
  • Disclosures: HOA/PUD/Condo Disclosure
  • Lot Features: In County
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12097C0080G

Garage/Parking

  • Parking Features: Assigned, Reserved
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Inside
  • Security: Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Street Lights, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated, Recreation Facilities
  • Association Fee: 168
  • Association Fee Frequency: Monthly
  • Association Name: Alina Coello, Empire Management Group
  • Phone: 407-770-1748
  • Association: Yes
  • Community Features: Deed Restrictions, Gated Community, Pool
  • Pets Allowed: Yes
  • Senior Community: No
  • Association Website: www.empirehoa.com
  • Association Email: acoello@empirehoa.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Association Fee Includes: Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Pest Control
  • Total Annual Fees: 2016
  • Monthly HOA Fee: 168
  • Total Monthly Fees: 168

Schools

  • Elementary School: Cypress Elem (K 6)
  • High School: Gateway High School (9 12)
  • Middle Or Junior School: Parkway Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 592
  • Zoning: OPUD/PLANU
  • Flood Zone Code: X
  • Flood Zone Date: 2013-06-18
  • Zoning Compatible Y N: Yes

Rental Info

  • Max Pet Weight: 20
  • Minimum Lease: 1-2 Years
  • Approval Process: HOA requires its own application process for tenant applications
  • Pet Restrictions: Max. weight 30 lbs. Pets must be properly leashed. The following dogs are not allowed: Pitt Bulls, St Bernard, Mastiffs, Rottweilers, German Sheppard, Boxers, Great Danes, Chow Chows, Collies, Retrievers, Gray Hounds, Sheep Dogs, Shar-Pei and Bloodhounds
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify lease restrictions with HOA

Tax Info

  • Tax Annual Amount: 612.21
  • Tax Block: 1
  • Tax Book Number: 15-186
  • Tax Lot: C090
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Feb 21, 2022
Sold by
Dimas Rodriguez
Bought by
Donna L Abelli Living Trust
Seller's Agent
Eugene Bellew
BELLEW REAL ESTATE
Buyer's Agent
Eugene Bellew
BELLEW REAL ESTATE
List Price
$230,000
Sold Price
$224,500
Premium/Discount to List
-$5,500
-2.39%
Current Estimated Value
$230,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,328
Avg. Annual Appreciation
1.79%
Original Mortgage
$160,000
Outstanding Balance
$150,255
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$88,906

Purchase Details

Closed on
Sep 23, 2016
Sold by
Jc Gemini Iii Llc
Bought by
Rodriguez Dimas and Blanco Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,170
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2016
Sold by
Rodriguez Hernan A
Bought by
Jc Gemini Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,170
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2014
Sold by
Rodriguez Hernan A
Bought by
Jc Gemini Ii Llc

Purchase Details

Closed on
Apr 19, 2006
Sold by
Torres Juan and Torres Miriam
Bought by
Rodriguez Hernan A and Rodriguez Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Diaz Canuelas Fernando and Torres Giselle
Bought by
Torres Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2004
Sold by
Rio Hills Properties Ltd
Bought by
Diaz Canuelas Fernando and Torres Giselle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,187
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Donna L Abelli Living Trust $224,500 Prominence Title & Escrow
Rodriguez Dimas $101,000 Stewart Title Company
Jc Gemini Iii Llc -- None Available
Jc Gemini Ii Llc -- Attorney
Rodriguez Hernan A $160,000 Landamerica Gulfatlantic Tit
Torres Juan $130,000 Landamerica Gulfatlantic Tit
Diaz Canuelas Fernando $70,800 Gulfatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donna L Abelli Living Trust $160,000
Previous Owner Rodriguez Dimas $99,170
Previous Owner Rodriguez Hernan A $39,600
Previous Owner Rodriguez Hernan A $128,000
Previous Owner Rodriguez Hernan A $32,000
Previous Owner Torres Juan $104,000
Previous Owner Torres Juan $26,000
Previous Owner Diaz Canuelas Fernando $67,187
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $224,500 -2.4% $234 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $230,000 -- $240 / 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 $2,615 $187,700 $30,000 $157,700
2023 $2,615 $165,500 $20,000 $145,500
2022 $601 $61,913 $0 $0
2021 $612 $60,110 $0 $0
2020 $612 $59,281 $0 $0
2019 $596 $57,949 $0 $0
2018 $579 $56,869 $0 $0
2017 $605 $55,700 $0 $0
2016 $1,033 $51,000 $13,500 $37,500
2015 $965 $46,800 $13,500 $33,300
2014 $380 $37,318 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5060379

Stellar MLS

APN: 07-25-30-4877-0001-C090