NOT LISTED FOR SALE

400 E Colonial Dr Unit 210 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $185,885 - $205,000

1 Bed
1.5 Baths
799 Sq Ft
$830/mo HOA Fee

Last Sold April 26, 2024

Last sale price $185,000 $232 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,009/month

182 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Family Room Off Kitchen
  • Clubhouse
  • Balcony
  • 1 Car Attached Garage

About This Home

As of April 2024

Welcome to 400 E Colonial Dr. APT 210, Orlando FL 32803, an apartment in Park Lake Towers Condominium that promises a unique lifestyle experience. The owner is reluctantly parting ways with this cherished abode due to work relocation, but the next fortunate owner will undoubtedly relish the delights of this well-established community.
As you step into this charming one-bedroom, one-and-a-half-bathroom residence, you'll be captivated by its inherent charm and functionality. Positioned on the second floor, it offers a picturesque view overlooking the inviting swimming pool. Access is made effortless with either the conveniently located stairs or the elevator, ensuring your comfort and ease of living.
This residence is a testament to modern living, with a kitchen featuring a suite of appliances, including a refrigerator, range, and microwave, all tied together with updated wiring and a fuse box. The bathroom received tasteful attention in 2020. In 2021, the popcorn ceiling was meticulously addressed, and replaced with sleek vinyl flooring, embodying contemporary elegance.
For those seeking an investment opportunity, rest assured that this unit is ready to generate income through renting, making it a savvy choice for investors. Whether you're planning to reside here or capitalize on the robust rental market, this property is primed for both. This apartment also includes the added convenience of a parking gated garage. The assigned parking for this property is parking #15.
Additionally, Park Lake Towers Condominium goes above and beyond to make your life easier. They offer a secure package delivery service, ensuring that your Amazon packages and other deliveries are received and safely held in custody for your later pickup. No more worrying about missed deliveries!
As a resident, you'll also have access to Notary Public services right within the condominium. And for your convenience, there's a computer and printer available in the lobby area that you can use at any time. Whether you need to notarize important documents or print that last-minute report.
Convenience is a hallmark of this address, with major hospitals and universities nearby, making it an ideal location for healthcare professionals and academics alike. Dining enthusiasts will relish the tantalizing array of restaurants in downtown Orlando, while travelers will appreciate the proximity to Orlando MCO Airport.
Moreover, Park Lake Towers provides a host of amenities for its residents. Your HOA fees cover water, sewer, trash removal, pest control, and even 24-hour security, ensuring peace of mind and a carefree lifestyle. You'll have access to cable and internet services, an oversized saltwater pool, a state-of-the-art fitness center, and a recreational room for leisure and social gatherings.
Please note that Park Lake Towers Condominium is a no-pet building, with exceptions made for emotional support animals (ESA). The square footage provided is approximate, ensuring that you have an accurate understanding of the space you'll call home.
In conclusion, 400 E Colonial Dr. APT 210 offers more than just an address; it presents a lifestyle. Don't miss the opportunity to make this remarkable residence your own. Contact us today to schedule a viewing and experience luxury living in Orlando at its finest! This apartment's location, price, and the included assigned parking space in the gated garage make it a must-see, and it won't stay on the market for long.

Last Agent to Sell the Property

David Martinez

ELITE REALTY AGENCY LLC Brokerage Phone: 407-574-3962 License #677127 Listed on: 09/24/2023

Last Buyer's Agent

David Martinez

ELITE REALTY AGENCY LLC Brokerage Phone: 407-574-3962 License #677127 Listed on: 09/24/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,291

Year Built

  • Built in 1975

Lot Details

  • 0.28

HOA Fees

  • $830 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 799 Sq Ft Home
  • Family Room Off Kitchen
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

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, management, pest control, sewer
  • Zarixsa Cruz Association, Phone Number (407) 425-4277
  • Visit Association Website
  • 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

  • Pets Allowed
  • Pets up to 30 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,291

Year Built

Built in 1975

Lot Details

0

HOA Fees

$830 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Internet, Management, Pest Control, Sewer
  • 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: Orlando
  • Escrow State: FL
  • Escrow Street Name: N Magnolia Ave
  • Floor Number: 2
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 231.54
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • MFR_NumAssignedParkingSpaces: 1
  • Attribution Contact: 407-574-3962
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Kitchen/Family Room Combo
  • Appliances Included: Dishwasher, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 17
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 74.23

Exterior Features

  • Direction Faces: North
  • Pool Features: Other
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0265F

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, 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 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: 830
  • Condo Land Included YN: 1
  • Max Pet Weight: 30
  • Association Email: parklaketowers@gmail.com
  • Monthly Condo Fee Amount: 830
  • Association URL: pltowers.com/parklake

Fee Information

  • Total Annual Fees: 9960.00
  • Total Monthly Fees: 830.00

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-6677-02-100
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • 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: 2291
  • Tax Block: 2
  • Tax Book Number: 3-92
  • Tax Lot: 100

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
Sep 24, 2023
Closed on
Apr 26, 2024
Sold by
Baez-Garcia Julio Enrique and Torres Luis R
Bought by
Martinez Linnette
Seller's Agent
David Martinez
ELITE REALTY AGENCY LLC
Buyer's Agent
David Martinez
ELITE REALTY AGENCY LLC
List Price
$205,900
Sold Price
$185,000
Premium/Discount to List
-$20,900
-10.15%
Views
514
Current Estimated Value
$193,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,721
Avg. Annual Appreciation
2.76%
Original Mortgage
$175,750
Outstanding Balance
$173,219
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$20,502

Purchase Details

Listed on
Aug 1, 2022
Closed on
Oct 7, 2022
Sold by
Maldonado Melba G
Bought by
Baez Julio E and Torres Luis Ruben
Seller's Agent
Nick Mandiola
EXP REALTY LLC
Buyer's Agent
Luis Mercado
VENTURE HOME REALTY
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Aug 20, 2013
Sold by
Maldonado Melba G
Bought by
Maldonado Melba G and Maldonado William

Purchase Details

Closed on
Sep 23, 2009
Sold by
Santiago Ponton Humberto
Bought by
Maldonado Melba

Purchase Details

Closed on
Jul 10, 1998
Sold by
Paul Crouch Tr and Paul Crouch Tr
Bought by
Santiago-Ponton Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.04%
Mortgage Type
New Conventional
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
Martinez Linnette $185,000 First American Title Insurance
Baez Julio E $185,000 Quality Title & Escrow
Maldonado Melba G -- Attorney
Maldonado Melba -- Attorney
Santiago-Ponton Humberto $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Linnette $175,750
Previous Owner Santiago-Ponton Humberto $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $185,000 -7.3% $232 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
11/03/2023 11/03/23 Price Changed $199,500 -3.1% $250 / Sq Ft
09/24/2023 09/24/23 For Sale $205,900 +11.3% $258 / Sq Ft
10/19/2022 10/19/22 Sold $185,000 -2.6% $232 / Sq Ft View Prior Sale
09/27/2022 09/27/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $190,000 0.0% $238 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $190,000 -2.6% $238 / Sq Ft
08/01/2022 08/01/22 For Sale $195,000 -- $244 / 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 $1,999 $171,400 -- $171,400
2024 $1,906 $157,360 -- $157,360
2023 $1,906 $145,238 $29,048 $116,190
2022 $2,291 $125,038 $25,008 $100,030
2021 $2,328 $125,038 $25,008 $100,030
2020 $2,213 $125,038 $25,008 $100,030
2019 $2,152 $117,059 $23,412 $93,647
2018 $1,940 $100,899 $20,180 $80,719
2017 $1,852 $100,899 $20,180 $80,719
2016 $1,651 $83,123 $16,625 $66,498
2015 $1,627 $83,123 $16,625 $66,498
2014 $1,530 $78,881 $15,776 $63,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6144361

Stellar MLS

APN: 25-2229-6677-02-100