NOT LISTED FOR SALE

400 E Colonial Dr Unit 306 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $197,000 - $206,000

1 Bed
1.5 Baths
799 Sq Ft
$635/ mo HOA Fee

Last Sold February 01, 2023

Last sale price $192,000 $240 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,899/month

50 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Sauna
  • In Ground Pool
  • Marble Flooring
  • Stone Countertops

About This Home

As of February 2023

One of Orlando's Best Locations! Secure luxury condo living in the Park Lake / Eola Heights neighborhood area of downtown Orlando. Updated 1 bedroom, 1.5 bath condo with beautiful lake views. Only a few blocks from Lake Eola Park, great restaurants, and the Mills 50 and Ivanhoe districts. This condo has seen wonderful renovations including new ceilings, crown moldings, doors, trim and hardware, bathrooms completely redone, comfortable cork flooring, custom wood shutters throughout, new kitchen appliances, hot-water heater, Carrier A/C, paintable shaker cabinets, granite counters, designer custom closets and more! Condo association includes numerous amenities; huge pool perfect for lap swimming, gym with steam room and sauna, large lobby with plenty of areas to entertain, private party room with full kitchen, onsite manager, 24 hour security guard / door person plus a closed circuit security camera system viewable from your condo. Water, trash, sewer, pest control, cable tv and internet are also all included in monthly dues. Park Lake Towers has great residents and is a self-managed building known for being financially secure. Recently they completed reserve funded projects re-doing the floor lobbies, improvements to keep the building structurally sound, and updated the pool area. Building exterior is scheduled to be painted in 2023. Come find out how condo high rise living feels like you are at a resort!

Last Agent to Sell the Property

Daniel Rencher

RENCHER REALTY GROUP License #3225235 Listed on: 11/01/2022

Last Buyer's Agent

Emily Wilson

REAL BROKER, LLC License #3483393

REAL BROKER, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,351

Year Built

  • Built in 1975

Lot Details

  • North Facing Home
  • Street paved with bricks

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Lake
  • City
  • Woods

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 799 Sq Ft Home
  • Chair Railings
  • Crown Molding
  • Sliding Doors
  • Combination Dining and Living Room
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Cork
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, escrow reserves fund, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, security, sewer, trash, water
  • Chris Bertoch Association, Phone Number (407) 425-4277
  • High-Rise Condominium
  • Park Lake Towers Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 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
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,351

Year Built

Built in 1975

Lot Details

0.28 Acres

HOA Fees

$635 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Manager, Other, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 799
  • New Construction: No
  • Year Built: 1975
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6069540?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6069540?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 0.96
  • Price per Sq Ft: 240.3
  • Close to Original List Price Ratio: 0.96
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Cork, Marble
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Chair Rail, Crown Molding, Living Room/Dining Room Combo, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Basement
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 17
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground, Salt Water
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: City, Trees/Woods, Water
  • Water Body Name: Park Lake
  • Waterfront: No
  • Patio and Porch Features: Covered, Other
  • Road Surface Type: Street Brick, Paved, Concrete, Other
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Other, Pool, Sauna, Security
  • Association Fee: 635
  • Association Fee Frequency: Monthly
  • Association Name: Chris Bertoch
  • Phone: 407-425-4277
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association Email: parklaketowers@gmail.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7620
  • Monthly HOA Fee: 635
  • Total Monthly Fees: 635

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-6677-03-060
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 8-12 Months
  • Approval Process: Application submitted to manager, fees for background check
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Credit 625+ and pass criminal background check

Tax Info

  • Tax Annual Amount: 2351.02
  • Tax Block: 3
  • Tax Book Number: 3-92
  • Tax Lot: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Feb 1, 2023
Sold by
Hollmen Michael John
Bought by
Wilson Michael L
Seller's Agent
Daniel Rencher
RENCHER REALTY GROUP
Buyer's Agent
Emily Wilson
REAL BROKER, LLC
List Price
$200,000
Sold Price
$192,000
Premium/Discount to List
-$8,000
-4%
Views
135
Current Estimated Value
$193,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,601
Avg. Annual Appreciation
1.60%
Original Mortgage
$162,000
Outstanding Balance
$156,862
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$44,822

Purchase Details

Closed on
Dec 7, 2016
Sold by
Ortiz Nestor
Bought by
Hollmen Michael John

Purchase Details

Listed on
Jul 26, 2012
Closed on
Nov 28, 2012
Sold by
Us Bank National Association
Bought by
Ortiz Nestor
Seller's Agent
Edward Hru
ROO REALTY LLC
Buyer's Agent
Tim Van Dyke
CHARLES RUTENBERG REALTY ORLANDO
List Price
$74,900
Sold Price
$73,900
Premium/Discount to List
-$1,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$55,425
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2011
Sold by
Mills Michael
Bought by
Lasalle Bank Na and Washington Mutual Mortgage

Purchase Details

Closed on
Apr 11, 2005
Sold by
Shaw Judy M
Bought by
Mills Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
8.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 30, 2003
Sold by
Baggett Harold Joe
Bought by
Shaw Judy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2002
Sold by
Harold J Baggett Sr I
Bought by
Baggett Harold J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 1997
Sold by
Jensen Robert D and Jensen Ruth E
Bought by
Baggett Harold J and Baggett Frances L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1994
Sold by
Hickman Asbury M and Hickman Mack
Bought by
Jensen Robert D and Jensen Ruth E
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
Wilson Michael L $192,000 --
Hollmen Michael John $124,500 New Home Title Llc
Ortiz Nestor $73,900 Chelsea Title Co
Lasalle Bank Na $30,400 None Available
Mills Michael $179,000 --
Shaw Judy M $140,000 Orlando Title Group Inc
Baggett Harold J -- --
Baggett Harold J $64,000 --
Jensen Robert D $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Michael L $162,000
Previous Owner Ortiz Nestor $55,425
Previous Owner Mills Michael $143,920
Previous Owner Shaw Judy M $108,000
Previous Owner Baggett Harold J $116,000
Previous Owner Baggett Harold J $44,800
Closed Mills Michael $35,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2023 02/01/23 Sold $192,000 -4.0% $240 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $200,000 +170.6% $250 / Sq Ft
05/26/2015 05/26/15 Off Market $73,900 -- --
12/07/2012 12/07/12 Sold $73,900 -1.3% $92 / Sq Ft View Prior Sale
08/29/2012 08/29/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $74,900 -- $94 / 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 $3,205 $174,830 -- $174,830
2024 $2,584 $158,920 -- $158,920
2023 $2,584 $146,676 $29,335 $117,341
2022 $2,314 $126,276 $25,255 $101,021
2021 $2,351 $126,276 $25,255 $101,021
2020 $2,239 $126,276 $25,255 $101,021
2019 $2,178 $118,218 $23,644 $94,574
2018 $1,963 $101,898 $20,380 $81,518
2017 $1,982 $101,898 $20,380 $81,518
2016 $649 $83,946 $16,789 $67,157
2015 $663 $83,946 $16,789 $67,157
2014 $670 $79,662 $15,932 $63,730
Source: Public Records

Agents Affiliated with this Home

  • Daniel Rencher

    Seller's Agent in 2023

    Daniel Rencher

    RENCHER REALTY GROUP

    (321) 325-2040

    1 in this area

    11 Total Sales

    Daniel Rencher
    Section Image
  • Emily Wilson

    Buyer's Agent in 2023

    Emily Wilson

    REAL BROKER, LLC

    (402) 440-7616

    1 in this area

    37 Total Sales

    Emily Wilson
    Section Image
  • Edward Hru

    Seller's Agent in 2012

    Edward Hru

    ROO REALTY LLC

    (407) 721-2124

    37 Total Sales

    Edward Hru
    Section Image
  • Tim Van Dyke

    Buyer's Agent in 2012

    Tim Van Dyke

    CHARLES RUTENBERG REALTY ORLANDO

    (407) 256-9389

    13 Total Sales

    Tim Van Dyke
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6069540

Stellar MLS

APN: 25-2229-6677-03-060

Florida Orange County Orlando 32803 Lake Eola Heights

400 E Colonial Dr Unit 306, Orlando, FL

Not Listed for Sale

Condos

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Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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