NOT LISTED FOR SALE

345 Ponce de Leon Place Orlando, FL 32801

Lake Cherokee Neighborhood
8 Beds
8 Baths
5,040 Sq Ft
0.33 Acres

Last Sold August 24, 2018

Last sale price $1,380,000 $274 Per Sq Ft

10 Days on Market

Highlights

  • Lake View
  • End Unit
  • No HOA
  • Blankner School Rated A-
  • Corner Lot
  • 1-minute walk to Lake Cherokee Park

About This Home

As of August 2018

Here it is-8 Unit block building on Lake Cherokee in the highly sought after 32801 zip code. All units leased, and all with Lake views from their living rooms. $114,000 in annual rents, coin laundry room for extra income. This is a turn key opportunity!

Last Agent to Sell the Property

Erik Larsen

THE REAL ESTATE PRINCIPLE, INC License #3347753 Listed on: 06/21/2018

Last Buyer's Agent

Dean Asher

DON ASHER & ASSOCIATES, INC. License #592748

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,798

Year Built

  • Built in 1964

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 126x114
  • End Unit
  • Corner Lot
  • Metered Sprinkler System
  • Street paved with bricks

Parking

  • Assigned Parking

Property Views

  • Lake
  • Woods
  • Park or Greenbelt

Home Design

  • Bi-Level Home
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 5,040 Sq Ft Home
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Story & Williams Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $114,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,798

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 5040
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1964
  • Lot Size Sq Ft: 14414
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: South on Summerlin, Right on Palmer, Left on Lake Ave
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5715312&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5715312&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.92
  • Price per Sq Ft: 273.81
  • Close to Original List Price Ratio: 0.92
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range
  • Levels: Two
  • Street Number Modifier: 345
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s), Storage
  • Exterior Features: Balcony, Irrigation System, Rain Gutters, Sidewalk, Sprinkler Metered, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Park, Trees/Woods, Water
  • Water Body Name: Lake Cherokee
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Street Brick
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0265F
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: Laundry Room
  • 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: Yes
  • Association Fee Requirement: None

Lot Info

  • Zoning: R-2A/T/HP/
  • Parcel Number: 36-22-29-8328-00-022
  • Additional Parcels: No
  • Lot Features: Corner Lot, Sidewalk
  • Lot Dimensions: 126x114
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Gross Income: 114080
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 16798
  • Tax Block: 00
  • Tax Book Number: B-47
  • Tax Lot: A

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $1,380,000 -8.0% $274 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $1,500,000 -- $298 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Erik Larsen

    THE REAL ESTATE PRINCIPLE, INC

  • Dean Asher

    Buyer's Agent in 2018

    Dean Asher

    DON ASHER & ASSOCIATES, INC.

    (407) 496-0373

    6 Total Sales

    Dean Asher
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Map

Source: Stellar MLS

MLS Number: O5715312

Stellar MLS

APN: 36-22-29-8328-00-022

Florida Orange County Orlando 32801 Lake Cherokee

345 Ponce de Leon Place, Orlando, FL

This home is located at 345 Ponce de Leon Place, Orlando, FL 32801 since 21 June 2018. This property was built in 1964. 345 Ponce de Leon Place is a home located in Orange County with nearby schools including Blankner School, Boone High School, and Lake Eola Charter School.

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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