NOT LISTED FOR SALE

400 E Colonial Dr Unit 1504 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $313,000 - $341,000

2 Beds
2 Baths
1,189 Sq Ft
$720/mo HOA Fee

Last Sold June 15, 2023

Last sale price $345,000 $290 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,845/month

10 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Lake View
  • Clubhouse
  • Solid Surface Countertops

About This Home

As of June 2023

No expense was spared in this condo with an exceptional open floor plan with a beautifully maintained interior space, a good-sized living room, and a flow-through living/dining area. Sure to wow any dinner guest, this beautifully maintained kitchen is equipped with new appliances, upgraded countertops, recessed lighting, and an over-the-range microwave. Retreat to the well-proportioned main bedroom that boasts an ensuite bathroom, and a generous walk-in closet. At the end of a long day, retreat to your re-designed main bathroom that has been widened for a spa-like feel. Bedroom 2 features a Murphy bed, which enhances its versatility. You'll be amazed at the beautiful view of Park Lake from here. Walk out to the L-shaped balcony, and you'll enjoy views of Park Lake across the street, the skyline of Downtown Orlando, as well as the fireworks in Lake Eola, surrounding municipalities, AND even Disney! This unit boasts a NEW dishwasher, NEW Refrigerator, NEW microwave, NEW stove/oven, NEW water heater, and NEW AC (2022). Packed with amenities, the resort-style building comes with a gym and 24-hour doorman. An assigned parking space is available. With an exceptional location in a sought-after Lake Eola Heights neighborhood. Easy access to biking trails, Lake Eola, restaurants, cafes, bars, the farmer's market, wineries, and grocery stores. No more traffic headaches, thanks to easy access to I-4, 408, and a bus stop in front of the building. Be prepared for 'love at first sight'. Call us today to arrange a showing.

Last Agent to Sell the Property

Angel Castro-Torres

LPT REALTY, LLC License #3302568 Listed on: 04/09/2023

LPT REALTY, LLC

Last Buyer's Agent

Jose Arroyo Diaz

EXP REALTY LLC License #3470505

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,205

Year Built

  • Built in 1975

Lot Details

  • 0.28

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Lake
  • City

Home Design

  • Entry on the 15th floor
  • Concrete Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,189 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Combination Dining and Living Room
  • Basement
  • Exterior Basement Entry
  • Laundry in Hall

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Balcony
  • Northwest Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, internet, maintenance structure, ground maintenance, 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,205

Year Built

Built in 1975

Lot Details

0

HOA Fees

$720 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1189
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1189
  • Lot Size Sq Ft: 12028
  • Status: Sold
  • Street Direction: E
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 110.46
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: Pasadena Place
  • Floor Number: 15+
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 290.16
  • Water Access YN: 0
  • Property Description: High Rise
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Basement
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 17
  • Has Basement: Exterior Entry
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 110.46

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Concrete
  • Home Warranty: No
  • Pool Private: No
  • View: City, Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Irrigation-Reclaimed Water, Pool
  • Association Fee: 720
  • Association Fee Frequency: Monthly
  • Association Name: Zarixsa Cruz
  • Phone: 407-425-4277
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Association Email: parklaketowers@gmail.com
  • Association URL: pltowers.com/parklake

Fee Information

  • Total Annual Fees: 8640.00
  • Total Monthly Fees: 720.00
  • Monthly HOA Amount: 720.00

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-6677-15-040
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please, contact Zarixsa Cruz at 407-425-4277/parklaketowers@gmail.com for more info on lease restrictions.

Tax Info

  • Tax Annual Amount: 1205.19
  • Tax Block: 15
  • Tax Book Number: 3-92
  • Tax Lot: 40

Multi Family

  • Approval Process: Please, contact Zarixsa Cruz at 407-425-4277/parklaketowers@gmail.com for more info on the approval process.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2023
Closed on
Jun 15, 2023
Sold by
Mctiernan David T and Mctiernan Julio Esteban
Bought by
Rivera Edwin Alexander
Seller's Agent
Angel Castro-Torres
LPT REALTY, LLC
Buyer's Agent
Jose Arroyo Diaz
EXP REALTY LLC
List Price
$330,000
Sold Price
$345,000
Premium/Discount to List
$15,000
4.55%
Views
246
Current Estimated Value
$328,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,124
Avg. Annual Appreciation
-1.86%
Original Mortgage
$327,750
Outstanding Balance
$318,986
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$9,890

Purchase Details

Closed on
Nov 8, 2006
Sold by
Prudential Relocation Inc
Bought by
Mctiernan David T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,375
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 7, 2006
Sold by
Delbrueck Andrew C and Delbrueck Judith A
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2005
Sold by
Wagner Tracy A
Bought by
Delbrueck Andrew C and Delbrueck Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
3.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 8, 2001
Sold by
Willis G Tetrick Iv I
Bought by
Wagner Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2001
Sold by
Helen V Tetrick I
Bought by
Tetrick Willis Iv G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1996
Sold by
Pr Robbye H Johnson
Bought by
Tetrick Helen and Tetrick Willis G
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
Rivera Edwin Alexander $345,000 Saint Lawrence Title
Mctiernan David T $402,500 Fidelity National Title
Prudential Relocation Inc $402,500 Fidelity National Title
Delbrueck Andrew C $339,000 Service First Title Agency I
Wagner Tracy A $180,000 --
Tetrick Willis Iv G -- --
Tetrick Helen $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Edwin Alexander $327,750
Previous Owner Mctiernan David T $60,375
Previous Owner Mctiernan David T $322,000
Previous Owner Delbrueck Andrew C $271,200
Previous Owner Tetrick Helen $162,000
Previous Owner Tetrick Helen $156,000
Closed Delbrueck Andrew C $50,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $345,000 +4.5% $290 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/09/2023 04/09/23 For Sale $330,000 -- $278 / 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 $4,820 $255,100 -- $255,100
2024 $1,258 $264,370 -- $264,370
2023 $1,258 $109,373 $0 $0
2022 $1,205 $106,187 $0 $0
2021 $1,172 $103,094 $0 $0
2020 $1,109 $101,671 $0 $0
2019 $1,132 $99,385 $0 $0
2018 $1,112 $97,532 $0 $0
2017 $1,087 $158,574 $31,715 $126,859
2016 $1,073 $139,650 $27,930 $111,720
2015 $1,088 $139,650 $27,930 $111,720
2014 $1,091 $156,294 $31,259 $125,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6101526

Stellar MLS

APN: 25-2229-6677-15-040