NOT LISTED FOR SALE

400 E Colonial Dr Unit 304 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $284,308 - $341,000

2 Beds
2 Baths
1,189 Sq Ft
$721/mo HOA Fee

Last Sold March 18, 2024

Last sale price $300,000 $252 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,710/month

151 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Community Pool
  • Lake View
  • Stone Countertops
  • Elevator

About This Home

As of March 2024

Don't miss out on this beautiful, completely renovated 2 bedroom, 2 bath condo at Park Lake Towers. This units boats granite countertops throughout, brand new carpet, tile, stainless steel appliances, and an open floor plan. Enjoy your morning tea or coffee on your covered wrap around balcony while overlooking the beautiful Park Lake. Walking distance to downtown Thornton Park and close to Downtown Orlando, major highways, restaurants, shops, entertainment, and more! Condo facilities include a sparkling pool, clubhouse room, fitness center, laundry on each floor, and 24 hour security. One reserved covered parking spot included. You won't want to miss out on this amazing condo. Schedule your showing today!

Last Agent to Sell the Property

Hillary Watson

WATSON REAL ESTATE Brokerage Phone: 407-236-7550 License #3352958 Listed on: 09/07/2023

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

  • $3,652

Year Built

  • Built in 1975

Lot Details

  • 0.28

HOA Fees

  • $721 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 3rd floor
  • Block Foundation
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,189 Sq Ft Home
  • Open Floorplan
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

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, security, sewer, trash, water
  • Chris Bertoch Association, Phone Number (407) 425-4277
  • Park Lake Towers Subdivision
  • 17-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,652

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, Security, 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: NE Ivanhoe Blvd.
  • Floor Number: 3
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 252.31
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 1
  • Attribution Contact: 407-236-7550
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Block, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 17
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 110.46

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Disclosures: Lead Paint
  • 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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center
  • Association Amenities: Elevator(s), Fitness Center, Pool, Security
  • Association Fee: 721
  • Association Fee Frequency: Monthly
  • Association Name: Chris Bertoch
  • 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

Fee Information

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

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-6677-03-040
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Verify any lease restrictions with condo association.

Tax Info

  • Tax Annual Amount: 3652
  • Tax Block: 3
  • Tax Book Number: 3-92
  • Tax Lot: 40

Multi Family

  • Approval Process: Verify approval process with condo association.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Mar 15, 2024
Sold by
Watson Real Estate & Management Inc
Bought by
Pillai Govindan V and Pillai Madeline M
Seller's Agent
Hillary Watson
WATSON REAL ESTATE
Buyer's Agent
Herman Tomlin
PREMIUM PROPERTIES R.E SERVICE
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%
Views
371
Current Estimated Value
$310,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,827
Avg. Annual Appreciation
2.07%
Original Mortgage
$225,000
Outstanding Balance
$221,025
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$89,802

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 4, 2014
Sold by
Brown Gerald J and Brown Gaynelle B
Bought by
Watson Real Estate & Management Inc
Buyer's Agent
Barry Watson
WATSON REAL ESTATE
List Price
$139,900
Sold Price
$118,800
Premium/Discount to List
-$21,100
-15.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$104,300
Interest Rate
12.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pillai Govindan V $300,000 None Listed On Document
Watson Real Estate & Management Inc $180,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pillai Govindan V $225,000
Previous Owner Watson Real Estate & Management Inc $104,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 Sold $300,000 -3.2% $252 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $309,900 0.0% $261 / Sq Ft
01/26/2024 01/26/24 For Sale $309,900 -3.1% $261 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
11/08/2023 11/08/23 Price Changed $319,900 -3.0% $269 / Sq Ft
10/10/2023 10/10/23 Price Changed $329,900 -5.7% $277 / Sq Ft
09/07/2023 09/07/23 For Sale $349,900 0.0% $294 / Sq Ft
03/03/2018 03/03/18 Rented $1,600 +0.3% --
02/23/2018 02/23/18 For Rent $1,595 0.0% --
05/26/2015 05/26/15 Off Market $118,800 -- --
04/04/2014 04/04/14 Sold $118,800 -15.1% $95 / Sq Ft View Prior Sale
03/04/2014 03/04/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $139,900 -- $112 / 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 $4,317 $255,100 -- $255,100
2024 $3,968 $236,540 -- $236,540
2023 $3,968 $218,280 $43,656 $174,624
2022 $3,652 $200,124 $40,025 $160,099
2021 $3,711 $200,124 $40,025 $160,099
2020 $3,315 $187,986 $37,597 $150,389
2019 $3,222 $175,848 $35,170 $140,678
2018 $2,930 $155,244 $31,049 $124,195
2017 $2,698 $141,882 $28,376 $113,506
2016 $2,470 $124,950 $24,990 $99,960
2015 $2,522 $124,950 $24,990 $99,960
2014 $1,038 $139,842 $27,968 $111,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6139682

Stellar MLS

APN: 25-2229-6677-03-040