NOT LISTED FOR SALE

400 E Colonial Dr Unit 1609 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $306,000 - $405,000

2 Beds
2 Baths
1,250 Sq Ft
$590/ mo HOA Fee

Last Sold December 14, 2021

Last sale price $295,000 $236 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,856/month

52 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Elevator
  • Gated Community
  • Community Pool
  • Balcony

About This Home

As of December 2021

Stunning. That is the one word description of this 2BR 2BA condo on 16th floor in a downtown luxury high-rise. It has it all. Gorgeous views of downtown and surrounding areas. Floors are wood look tile, kitchen is a dream with granite counters and lighted cabinets. Plenty of storage with large cabinets, pantry and built in hutch. MBR has two built in Murphy beds for guests with storage behind each. Owner used this as guest room and office while utilizing guest room as their MBR. You can leave beds installed or can be easily removed. Guest room has a spectacular view of the city and with Ensuite bath. MBR also has Ensuite bathroom with jacuzzi tub with shower. When owners purchased and renovated this unit a few years ago, they did a beautiful job and in a well maintained, beautiful building. Park Lake Towers is a very warm and friendly building. This unit has garage parking space which is gated. Manager on duty Mon thru Fri and security officers on duty at all other times. Security is 24 hrs a day, seven days a week. Building is professionally managed and maintained. Included in the HOA are Water, Sewer, Trash removal, Pest Control, Cable, Internet, 24 hr security, oversized salt water pool, rec room, Fitness Center. Call for appointment and you will fall in love with the building and especially this unit. All SF sizes are approx.

Last Agent to Sell the Property

Anne Roche

OWENS REALTY NETWORK LLC License #3080047 Listed on: 08/08/2021

Last Buyer's Agent

ELIZABETH MOSQUERA GARCIA

G FIRST REALTY LLC License #3452680

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,734

Year Built

  • Built in 1975

Lot Details

  • 0.28

HOA Fees

  • $590 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Bathroom In Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Parking Garage Space
  • Open Parking

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,250 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Tile Flooring
  • Closed Circuit Camera
  • Laundry in Hall
  • Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • South Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, security, sewer, trash, water
  • Chris Bertoch Park Lake Towers Association, Phone Number (407) 425-4299
  • Park Lake Towers Subdivision
  • Rental Restrictions
  • 17-Story Property

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,734

Year Built

Built in 1975

Lot Details

0.28 Acres

HOA Fees

$590 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1250
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1975
  • Lot Size Sq Ft: 12028
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5964457?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5964457?w=Customer
  • Floor Number: 15+
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 236
  • Close to Original List Price Ratio: 0.96721
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Basement
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 17
  • Window Features: Drapes
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Sidewalk, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Bath In Garage, Garage Door Opener, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Available, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness, Pool, Sidewalk
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Laundry, Lobby Key Required, Pool, Sauna, Security
  • Association Fee Frequency: Monthly
  • Association Name: Chris Bertoch - Park Lake Towers
  • Phone: 407-425-4299
  • Association: Yes
  • Security: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated Community, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 590
  • Condo Fees Term: Monthly
  • Association Email: parklaketowers@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 590
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7080
  • Total Monthly Fees: 590

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-6677-16-090
  • Additional Parcels: No
  • Flood Zone Code: xxx
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 8-12 Months
  • Approval Process: Application fee is $40pp and tenant must pass background check / criminal and credit score must be 625 or above.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: APPROVAL REQUIRED

Tax Info

  • Tax Annual Amount: 3734.06
  • Tax Block: 16
  • Tax Book Number: 3-92
  • Tax Lot: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2021
Closed on
Dec 14, 2021
Sold by
Lee Ronald
Bought by
Zhang Ning and Zhang Jessica
Seller's Agent
Anne Roche
OWENS REALTY NETWORK LLC
Buyer's Agent
ELIZABETH MOSQUERA GARCIA
G FIRST REALTY LLC
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Current Estimated Value
$349,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,832
Avg. Annual Appreciation
4.08%
Original Mortgage
$280,250
Outstanding Balance
$257,687
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$92,145

Purchase Details

Closed on
Apr 12, 2018
Sold by
Lee Ronald and Fittro Ronald G
Bought by
Lee Ronald and Lee Gene

Purchase Details

Listed on
Jun 13, 2011
Closed on
Apr 30, 2012
Sold by
Kleier Donald J and Patituccio Jane A
Bought by
Lee Gene and Fittro Ronald G
Seller's Agent
Phil Beach
Buyer's Agent
Paul Sadusky
PREMIUM PROPERTIES R.E. SERVICE
List Price
$138,000
Sold Price
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Jun 10, 1999
Sold by
Virginia F Hoffman Tr
Bought by
Kleier Elmer J and Kleier Helen C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Ning $295,000 Attorney
Lee Ronald -- Attorney
Lee Gene $138,000 Sunbelt Title Agency
Kleier Elmer J $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Ning $280,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2021 12/14/21 Sold $295,000 0.0% $236 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/26/2021 09/26/21 Price Changed $295,000 -3.3% $236 / Sq Ft
08/08/2021 08/08/21 For Sale $305,000 +121.0% $244 / Sq Ft
05/26/2015 05/26/15 Off Market $138,000 -- --
04/30/2012 04/30/12 Sold $138,000 0.0% $110 / Sq Ft View Prior Sale
04/14/2012 04/14/12 Pending -- -- --
06/13/2011 06/13/11 For Sale $138,000 -- $110 / Sq Ft
Source: Stellar MLS

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 $5,349 $293,370 -- $293,370
2024 $4,470 $266,690 -- $266,690
2023 $4,470 $246,100 $49,220 $196,880
2022 $4,114 $225,630 $45,126 $180,504
2021 $4,181 $225,630 $45,126 $180,504
2020 $3,734 $211,945 $42,389 $169,556
2019 $3,629 $198,260 $39,652 $158,608
2018 $3,300 $175,030 $35,006 $140,024
2017 $3,039 $159,965 $31,993 $127,972
2016 $2,781 $140,875 $28,175 $112,700
2015 $2,840 $140,875 $28,175 $112,700
2014 $1,882 $157,665 $31,533 $126,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5964457

Stellar MLS

APN: 25-2229-6677-16-090

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