NOT LISTED FOR SALE

3962 Versailles Dr Unit 3962 Orlando, FL 32808

Rosemont Neighborhood

Estimated Value: $137,000 - $155,000

19 Beds
18 Baths
1,348 Sq Ft
$110/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $1,210,007 $898 Per Sq Ft

Current estimated payment $1,279/month

27 Days on Market

Highlights

  • 500 Feet of Lake Waterfront
  • Tennis Courts
  • Gated Community
  • Fitness Center
  • Gunite Pool
  • Clubhouse

About This Home

As of April 2023

This is a great investment opportunity to own 9 rental units at Cypress Pointe at Lake Orlando. This 24hr gated development is a short drive to 438, I-4, West Colonial, Winter Park, College Park, Maitland, Downtown Orlando, Orlando International Airport, shopping and restaurants. The many amenities in the community include a wonderful community pool, tennis courts, fitness center and playground, perfect for entertaining friends and family. Hurry and schedule your showing.

Last Agent to Sell the Property

Mike Danganan

RE/MAX PRIME PROPERTIES License #3299499 Listed on: 01/09/2023

RE/MAX PRIME PROPERTIES

Last Buyer's Agent

Brooke Cangro

RE/MAX 200 REALTY License #690000

RE/MAX 200 REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1982

Lot Details

  • 6,868 Sq Ft Lot
  • 500 Feet of Lake Waterfront
  • Lake Front

HOA Fees

  • $287 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,348 Sq Ft Home
  • Lake Views
  • Security Gate
  • Laundry closet

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 19 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 18 Bathrooms

Outdoor Features

  • Gunite Pool
  • Access To Lake
  • Tennis Courts
  • Balcony
  • Screened Patio
  • Rear Porch

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, water
  • Legal Lot and Block 962 / 3
  • Assessor Parcel Number 05-22-29-1876-03-962

Community Details

Overview

  • 9 Buildings
  • 10 Units
  • Jennifer Persaud Association, Phone Number (407) 293-3327
  • Cypress Pointe/Lk Orlando Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,518

Year Built

Built in 1982

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1348
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1982
  • Lot Size Sq Ft: 6868
  • Tenant Pays: Electricity, Water
  • Directions to Property: Heading North on OBT turn left onto Rosemond Dr., then right onto N. Lake Orlando Pkwy., then left onto Versailles Dr
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Winter Garden
  • Escrow Postal Code: 34787
  • Escrow State: FL
  • Escrow Street Name: Tilden Road
  • Escrow Street Number: 13848
  • List Office Head Office Key Nume: 32453613
  • RATIO Current Price By Calculate: 897.63
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 19
  • Levels: One
  • Street Number Modifier: 3962
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 125.23

Exterior Features

  • Pool Features: Gunite
  • Exterior Features: Balcony, Sidewalk, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: LAKE ORLANDO
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Lake
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 500
  • Flood Zone Date: 2009-09-25
  • Flood Zone Panel: 12095C0235F
  • Water Frontage Feet Lake: 500

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated
  • Association Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool, Tennis Court(s)
  • Association Fee: 287
  • Association Fee Frequency: Monthly
  • Association Name: Jennifer Persaud
  • Phone: 407-293-3327
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Security Gate
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: see hoa
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3444.00
  • Total Monthly Fees: 287.00
  • Monthly HOA Amount: 287.00

Lot Info

  • Zoning: R-3B/W
  • Parcel Number: 05-22-29-1876-03-962
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Lot Size Square Meters: 638

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 10
  • Waterfront Features: Lake
  • Total Num Buildings: 9
  • Unit Count: 9
  • Est Annual Market Income: 156600.00

Tax Info

  • Tax Annual Amount: 1518
  • Tax Block: 3
  • Tax Book Number: 8825-505
  • Tax Lot: 962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Property Business Group Llc
Bought by
Dijon Drive Propco Llc
Current Estimated Value
$148,158

Purchase Details

Listed on
Jan 9, 2023
Closed on
Mar 31, 2023
Sold by
Dnc2 Llc
Bought by
Property Business Group Llc
Seller's Agent
Mike Danganan
RE/MAX PRIME PROPERTIES
Buyer's Agent
Brooke Cangro
RE/MAX 200 REALTY
List Price
$1,490,000
Sold Price
$1,210,007
Premium/Discount to List
-$279,993
-18.79%
Views
874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-57.71%

Purchase Details

Closed on
Nov 13, 2020
Sold by
Krom Properties Llc
Bought by
Dnc2 Llc

Purchase Details

Closed on
Jun 1, 2010
Sold by
Tribute Residential Llc
Bought by
Krom Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,090,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2008
Sold by
Birkat Harav Cypress Llc
Bought by
Tribute Residential Llc
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
Dijon Drive Propco Llc $129,800 Rte Title
Property Business Group Llc $677,600 Apex Title
Dnc2 Llc $635,000 None Listed On Document
Krom Properties Llc $2,090,000 Attorney
Tribute Residential Llc $5,390,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dnc2 Llc $360,000
Previous Owner Krom Properties Llc $2,090,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $1,210,007 -18.8% $898 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $1,490,000 -- $1,105 / 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 $2,511 $138,100 -- $138,100
2024 $1,824 $138,100 -- $138,100
2023 $1,824 $114,600 $22,920 $91,680
2022 $1,518 $80,900 $16,180 $64,720
2021 $1,542 $80,900 $16,180 $64,720
2020 $1,261 $77,100 $15,420 $61,680
2019 $1,169 $63,400 $12,680 $50,720
2018 $1,082 $58,000 $11,600 $46,400
2017 $997 $52,600 $10,520 $42,080
2016 $889 $42,800 $8,560 $34,240
2015 $907 $47,200 $9,440 $37,760
2014 $877 $47,200 $9,440 $37,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5079094

Stellar MLS

APN: 05-2229-1876-03-962