NOT LISTED FOR SALE

400 E Colonial Dr Unit 1610 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $211,000 - $239,000

1 Bed
1 Bath
799 Sq Ft
$720/mo HOA Fee

Last Sold May 25, 2023

Last sale price $213,995 $268 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,028/month

65 Days on Market

Highlights

  • Fitness Center
  • Stone Countertops
  • 1 Car Attached Garage
  • Open Floorplan
  • Balcony
  • Living Room

About This Home

As of May 2023

Here is a newly updated 1bed/1 bath condo on the 16th floor in Park Lake Towers with amazing views of downtown Orlando and Lake Eola. 24 hour security on site with reserved parking. Tons of natural light and views of the city from each room. Everything in this unit has been updated. The bedroom has a custom walk in closet and a large bathroom with new tile, Moen fixtures and marble vanity tops. Brand new kitchen with Quartz countertops and new cabinetry.. Sliding glass doors in the kitchen, closet and bathroom. Luxury vinyl floors throughout. Gym on site and laundry on each floor. Murphy bed included for guests. Enjoy 4th of July fireworks from the comfort of your living room or balcony. You simply cannot beat the location, views and downtown lifestyle at this price. This unit is move in ready. Park Lake Towers has recently renovated the pool area. This condo is move in ready!

Last Agent to Sell the Property

Joe Asaad

RADIUS REALTY GROUP LLC License #3229683 Listed on: 01/25/2023

RADIUS REALTY GROUP LLC

Last Buyer's Agent

Max Donzi

IRM INVEST., REAL EST.& MGMT. License #3159546

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 1975

Lot Details

  • 0.28

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 15th floor
  • Block Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 799 Sq Ft Home
  • Open Floorplan
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, internet, maintenance structure, ground maintenance, maintenance, pest control, recreational facilities, security, water
  • Zarixsa Cruz Association, Phone Number (407) 425-4277
  • Park Lake Towers Subdivision
  • The community has rules related to deed restrictions
  • 17-Story Property

Amenities

  • Community Mailbox

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,605

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, Pest Control, Pool, Recreational Facilities, Security, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • 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
  • Directions to Property: Exit I4 onto Colonial dr. Head East then building will be on the right in half mile.
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 15+
  • List Office Head Office Key Nume: 200787247
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 267.83
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Elevator, Open Floorplan, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 17
  • Street Number Modifier: 400
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 74.23
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center
  • 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
  • Building Name Number: PARK LAKE TOWERS
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Parklaketowers@gmail.com

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: 25-22-29-6677-16-100
  • Additional Parcels: No
  • Flood Zone Code: XX
  • Homestead YN: 0
  • Lot Size Square Meters: 1117

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: HOA Approval required for all sales and leases.

Tax Info

  • Tax Annual Amount: 2605.18
  • Tax Block: 16
  • Tax Book Number: 3-92
  • Tax Lot: 100

Multi Family

  • Approval Process: HOA requires approval for lease or purchase

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Sep 2, 2021
Sold by
Hoshyar Khoshesperam
Bought by
S & J Homes Llc
Seller's Agent
Hoshyar Khoshesperam
WEICHERT REALTORS HALLMARK PRO
Buyer's Agent
Joe Asaad
RADIUS REALTY GROUP LLC
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$222,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,482
Avg. Annual Appreciation
10.71%

Purchase Details

Listed on
Dec 23, 2020
Closed on
Sep 1, 2021
Sold by
Khoshesperam Hoshyar
Bought by
S & J Homes Llc
Seller's Agent
Hoshyar Khoshesperam
WEICHERT REALTORS HALLMARK PRO
Buyer's Agent
Joe Asaad
RADIUS REALTY GROUP LLC
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Purchase Details

Closed on
Jul 28, 2006
Sold by
Perry Dean O
Bought by
Khoshesperam Hoshyar and Khoshesperam Javad

Purchase Details

Closed on
May 23, 2002
Sold by
Jeffrey A Bonygne I
Bought by
Perry Dean O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1998
Sold by
Safon Maria M
Bought by
Bricker Teresa M and Bonygne Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1996
Sold by
Duren Richard D Van and Warburton Robert J
Bought by
Safon Maria M
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
S & J Homes Llc $155,000 Public Title Services
S & J Homes Llc $155,000 Public Title Services Llc
Khoshesperam Hoshyar $205,000 Attorney
Perry Dean O $123,000 --
Bonygne Jeffrey A -- --
Bricker Teresa M $88,900 --
Safon Maria M $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donzi Max Leo $31,000
Previous Owner Safon Maria M $45,000
Previous Owner Safon Maria M $92,250
Previous Owner Safon Maria M $84,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $213,995 0.0% $268 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/27/2023 03/27/23 Price Changed $213,995 -0.5% $268 / Sq Ft
03/27/2023 03/27/23 For Sale $215,000 0.0% $269 / Sq Ft
03/12/2023 03/12/23 Off Market $215,000 -- --
01/25/2023 01/25/23 For Sale $215,000 +38.7% $269 / Sq Ft
09/17/2021 09/17/21 Sold $155,000 -3.1% $194 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $159,900 0.0% $200 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
06/18/2021 06/18/21 Price Changed $159,900 +3.2% $200 / Sq Ft
06/18/2021 06/18/21 For Sale $154,900 -0.1% $194 / Sq Ft
06/02/2021 06/02/21 Off Market $155,000 -- --
03/23/2021 03/23/21 Price Changed $154,900 -3.1% $194 / Sq Ft
02/16/2021 02/16/21 Price Changed $159,900 -5.9% $200 / Sq Ft
12/23/2020 12/23/20 For Sale $169,900 -- $213 / 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 $1,480 $124,446 -- --
2024 $2,910 $124,446 -- --
2023 $2,910 $165,370 $33,074 $132,296
2022 $2,605 $142,370 $28,474 $113,896
2021 $2,647 $142,370 $28,474 $113,896
2020 $2,517 $142,370 $28,474 $113,896
2019 $2,447 $133,285 $26,657 $106,628
2018 $2,206 $114,885 $22,977 $91,908
2017 $2,105 $114,885 $22,977 $91,908
2016 $1,877 $94,645 $18,929 $75,716
2015 $1,823 $94,645 $18,929 $75,716
2014 $1,715 $89,815 $17,963 $71,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6085253

Stellar MLS

APN: 25-2229-6677-16-100