NOT LISTED FOR SALE

400 E Colonial Dr Unit 105 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $192,599 - $218,000

1 Bed
1 Bath
799 Sq Ft
$721/mo HOA Fee

Last Sold September 21, 2023

Last sale price $209,900 $263 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,033/month

24 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Balcony
  • Lake View
  • Community Pool
  • Family Room Off Kitchen

About This Home

As of September 2023

The opportunity for downtown living has arrived! This nicely updated 1 bedroom, 1 bath condo is located in the high-rise building of Park Lake Towers located near the North Quarter and right around the corner from Ivanhoe Village. The unit is located on the north side of the building with direct views of Park Lake and a layout that offers efficiency with all while providing an open concept feel. This modern industrial style condo boasts a remodeled kitchen with newer cabinets, appliances and quartz countertops. Newer flooring, bathroom cabinets and fixtures, ceiling fans, doors, in unit combo washer/dryer are amongst some of the updates. Park Lake Towers amenities include an oversized recently renovated Olympic community pool, fitness center, sauna, steam room, daytime concierge services and 24 hr security. Cable, high speed internet, water, sewer and trash removal are included in monthly maintenance fees. Located within a short distance of downtown Orlando's finest restaurants, shopping, Amway Center, Orlando City Soccer stadium, Dr. Phillips Center for the Performing Arts and easy access to I-4. A must see resort style living at its best. Schedule your showing today!

Last Agent to Sell the Property

Amy Miller

ALL REAL ESTATE & INVESTMENTS Brokerage Phone: 407-917-8206 License #3201474 Listed on: 08/01/2023

Last Buyer's Agent

Herman Tomlin

PREMIUM PROPERTIES R.E SERVICE License #3315643

PREMIUM PROPERTIES R.E SERVICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,178

Year Built

  • Built in 1975

Lot Details

  • 0.28

HOA Fees

  • $721 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 799 Sq Ft Home
  • Ceiling Fan
  • Shades
  • Family Room Off Kitchen
  • Living Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Hillcrest Elementary School
  • Howard Middle School
  • Edgewater High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • North Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, internet, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Zarixsa Cruz Association, Phone Number (407) 425-4277
  • Visit Association Website
  • High-Rise Condominium
  • Park Lake Towers Subdivision
  • The community has rules related to deed restrictions
  • 17-Story Property

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,178

Year Built

Built in 1975

Lot Details

0

HOA Fees

$721 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 799
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 799
  • Lot Size Sq Ft: 12028
  • Status: Sold
  • Street Direction: E
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 74.23
  • Escrow City: Clermont
  • Escrow State: FL
  • Escrow Street Name: East Ave
  • Floor Number: 1
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 262.70
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 17
  • Window Features: Shades
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 74.23

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: PARK LAKE
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0265F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool
  • Association Amenities: Pool
  • Association Name: Zarixsa Cruz
  • Phone: 407-425-4277
  • Association: Yes
  • Security: Key Card Entry, Secured Garage / Parking
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 721
  • Condo Land Included YN: 1
  • Association Email: parklaketowers@gmail.com
  • Monthly Condo Fee Amount: 721
  • Association URL: pltowers.com/parklake

Fee Information

  • Total Annual Fees: 8652.00
  • Total Monthly Fees: 721.00

Schools

  • Elementary School: Hillcrest Elem
  • High School: Edgewater High
  • Middle Or Junior School: Howard Middle

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-6677-01-050
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Liability/Renters Insurance required for tenant. Application for residency (attached) and $75 Application Fee in the form of money order/check, we verify credit and criminal background.

Tax Info

  • Tax Annual Amount: 2177.96
  • Tax Block: 1
  • Tax Book Number: 3-92
  • Tax Lot: 50

Multi Family

  • Approval Process: Board of Directors approval. Minimum Credit Score is 625, credit and criminal background must be satisfactory. A $75 Application Fee in the form of money order/check due at the time of application is submitted.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 21, 2023
Sold by
Drewkam Holdings Llc
Bought by
Pillai
Seller's Agent
Amy Miller
ALL REAL ESTATE & INVESTMENTS
Buyer's Agent
Herman Tomlin
PREMIUM PROPERTIES R.E SERVICE
List Price
$219,900
Sold Price
$209,900
Premium/Discount to List
-$10,000
-4.55%
Views
257
Current Estimated Value
$204,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,000
Avg. Annual Appreciation
-1.06%

Purchase Details

Listed on
Jan 25, 2019
Closed on
Jun 3, 2019
Sold by
Ferris Mark A and Ferris Mindy S
Bought by
Drewkam Holdngs Llc
Seller's Agent
Richard Palmano
PALMANO GROUP RE BROKERAGE LLC
Buyer's Agent
Amy Miller
ALL REAL ESTATE & INVESTMENTS
List Price
$249,000
Sold Price
$181,000
Premium/Discount to List
-$68,000
-27.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Apr 18, 2017
Sold by
Basham Marylou
Bought by
Ferris Mark A and Ferris Mindy S

Purchase Details

Closed on
Apr 13, 2016
Sold by
Karnicnik Tina M
Bought by
Karnicnik Tina M and Basham Marylou

Purchase Details

Closed on
Apr 1, 2016
Bought by
Ferris Mark A

Purchase Details

Closed on
Sep 12, 2011
Sold by
Park Lake Towers Condominium Association
Bought by
Karnicnik Tina M
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
Pillai $209,900 None Listed On Document
Drewkam Holdngs Llc $181,000 Fidelity Natl Ttl Of Fl Inc
Ferris Mark A $115,000 Attorney
Karnicnik Tina M -- Attorney
Ferris Mark A $100 --
Karnicnik Tina M $65,000 Dba Pcs Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2023 09/21/23 Sold $209,900 -4.5% $263 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $219,900 0.0% $275 / Sq Ft
09/11/2021 09/11/21 Rented $1,395 0.0% --
08/06/2021 08/06/21 Under Contract -- -- --
08/03/2021 08/03/21 For Rent $1,395 +3.3% --
05/01/2021 05/01/21 Rented $1,350 0.0% --
04/13/2021 04/13/21 Under Contract -- -- --
04/06/2021 04/06/21 Price Changed $1,350 -3.2% $2 / Sq Ft
02/23/2021 02/23/21 For Rent $1,395 0.0% --
08/14/2019 08/14/19 Rented $1,395 0.0% --
08/12/2019 08/12/19 Under Contract -- -- --
08/01/2019 08/01/19 Price Changed $1,395 -6.1% $2 / Sq Ft
07/08/2019 07/08/19 Price Changed $1,485 -1.0% $2 / Sq Ft
06/17/2019 06/17/19 For Rent $1,500 0.0% --
06/14/2019 06/14/19 Sold $181,000 -9.5% $227 / Sq Ft View Prior Sale
05/03/2019 05/03/19 Pending -- -- --
04/24/2019 04/24/19 Price Changed $199,900 -7.0% $250 / Sq Ft
04/01/2019 04/01/19 Price Changed $215,000 -4.4% $269 / Sq Ft
02/12/2019 02/12/19 Price Changed $225,000 -9.6% $282 / Sq Ft
01/25/2019 01/25/19 For Sale $249,000 -- $312 / 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 $2,855 $171,400 -- $171,400
2024 $2,534 $155,800 -- $155,800
2023 $2,534 $143,800 $28,760 $115,040
2022 $2,269 $123,800 $24,760 $99,040
2021 $2,305 $123,800 $24,760 $99,040
2020 $2,229 $123,800 $24,760 $99,040
2019 $2,135 $115,900 $23,180 $92,720
2018 $1,925 $99,900 $19,980 $79,920
2017 $596 $99,900 $19,980 $79,920
2016 $599 $82,300 $16,460 $65,840
2015 $611 $82,300 $16,460 $65,840
2014 $616 $78,100 $15,620 $62,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6130726

Stellar MLS

APN: 25-2229-6677-01-050