NOT LISTED FOR SALE

400 E Colonial Dr Unit 308 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $235,000 - $324,000

2 Beds
2 Baths
1,109 Sq Ft
$590/mo HOA Fee

Last Sold August 24, 2021

Last sale price $178,853 $161 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,422/month

87 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Elevator
  • Gated Community
  • Community Pool
  • Balcony

About This Home

As of August 2021

Beautiful, move in ready 2BR 2BA Convertible unit in a downtown Orlando high-rise. 2nd bedroom is perfect for office or den. Plenty of closet space and Convertible units are only units that have storage room. New carpet just installed in LR and Bedrooms. Tile all other areas. This is a great unit with affordable price in a well maintained building. The HOA includes water, sewer, trash removal, pest control, cable, internet, 24 hr security, building and pool maintenance. Parking space is included. All sq ft and measurements are approximate.

Last Agent to Sell the Property

Anne Roche

OWENS REALTY NETWORK LLC License #3080047 Listed on: 05/14/2021

Last Buyer's Agent

Adam Wilhelm

KELLER WILLIAMS REALTY AT THE PARKS License #3422956

KELLER WILLIAMS REALTY AT THE PARKS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,145

Year Built

  • Built in 1975

Lot Details

  • 0.28

HOA Fees

  • $590 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,109 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Basement

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • 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, common area taxes, community pool, escrow reserves fund, insurance, internet, maintenance structure
  • Park Lake Towers / Chris Bertoch Association, Phone Number (407) 425-4277
  • Park Lake Towers Subdivision
  • 17-Story Property

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,145

Year Built

Built in 1975

Lot Details

0

HOA Fees

$590 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1109
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1109
  • Lot Size Sq Ft: 12028
  • Directions to Property: From I4, Go East on E. Colonial approx 1 mile. White high rise on right. Park Lake Towers. Turn right onto Broadway just before building. Go first left onto Hillcrest then into parking lot on left. Please park in Visitor space only. Go to door across from pool for entrance. Manager or security will give you access.
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5944284?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5944284?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89876
  • Price per Sq Ft: 161.27
  • Close to Original List Price Ratio: 0.78102
  • Ratio: Current Price\Building Area Total: 161.27
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Electric Water Heater
  • Foundation Details: Basement
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 17
  • Window Features: Blinds
  • Street Number Modifier: 400
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Available, Fire Hydrant, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • 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
  • Association Fee Frequency: Monthly
  • Association Name: PARK LAKE TOWERS / CHRIS BERTOCH
  • Phone: 407-425-4277
  • Association: Yes
  • Security: Key Card Entry
  • Senior Community: No
  • Condo Fees: 590
  • Condo Fees Term: Monthly
  • 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: 25-22-29-6677-03-080
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: xxx
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 8-12 Months
  • Approval Process: Must complete application - $40pp. Background is checked and must not have criminal history. Credit score must be 625 or above.
  • Num Timesper Year: 1
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3145.26
  • Tax Block: 3
  • Tax Book Number: 3-92
  • Tax Lot: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Aug 24, 2021
Sold by
Breines Paul S and Paul S Breines Revocable Trust
Bought by
Gavilan Francisco and Balbo Gisele
Seller's Agent
Anne Roche
OWENS REALTY NETWORK LLC
Buyer's Agent
Adam Wilhelm
KELLER WILLIAMS REALTY AT THE PARKS
List Price
$229,000
Sold Price
$178,853
Premium/Discount to List
-$50,147
-21.9%
Current Estimated Value
$280,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,062
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
Mar 28, 2017
Sold by
Breines Paul
Bought by
Breines Paul S

Purchase Details

Closed on
Mar 6, 2017
Sold by
Breines Jonathan
Bought by
Breines Paul

Purchase Details

Closed on
Mar 1, 2017
Bought by
Paul S Breines Revocable Trust

Purchase Details

Closed on
Sep 11, 2009
Sold by
Flagstar Bank Fsb
Bought by
Breines Jonathan

Purchase Details

Closed on
Apr 1, 2008
Sold by
Mylonakis Joy T
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Sep 15, 2006
Sold by
Crager Robert J
Bought by
Mylonakis Joy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2005
Sold by
Aurora Loan Services Inc
Bought by
Crager Ii Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Aurora Loan Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2003
Sold by
Carrol Lori A
Bought by
Leger Lien Hoa

Purchase Details

Closed on
May 23, 2003
Sold by
Leger Lien Hoa and Sims Theodore
Bought by
Carroll Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1998
Sold by
Hoevenaar Neil
Bought by
Leger Lien H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.07%
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
Gavilan Francisco $178,900 Attorney
Breines Paul S -- Attorney
Breines Paul $123,800 None Available
Paul S Breines Revocable Trust $100 --
Breines Jonathan $104,000 None Available
Flagstar Bank Fsb -- None Available
Mylonakis Joy T $365,000 Choice Title Inc
Crager Ii Robert J $215,000 --
Aurora Loan Services Inc -- --
Leger Lien Hoa $195,000 --
Carroll Lori A $215,000 Cosmopolitan Title Agency In
Leger Lien H $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mylonakis Joy T $292,000
Previous Owner Crager Ii Robert J $215,000
Previous Owner Carroll Lori A $193,500
Previous Owner Leger Lien H $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $178,853 -10.1% $161 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $199,000 -9.1% $179 / Sq Ft
07/06/2021 07/06/21 Price Changed $219,000 -4.4% $197 / Sq Ft
05/14/2021 05/14/21 For Sale $229,000 -- $206 / 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 $4,028 $242,660 -- $242,660
2024 $3,702 $220,630 -- $220,630
2023 $3,702 $203,592 $40,718 $162,874
2022 $3,408 $186,660 $37,332 $149,328
2021 $3,463 $186,660 $37,332 $149,328
2020 $3,145 $175,338 $35,068 $140,270
2019 $3,056 $164,016 $32,803 $131,213
2018 $2,780 $144,840 $28,968 $115,872
2017 $2,518 $132,396 $26,479 $105,917
2016 $2,304 $116,484 $23,297 $93,187
2015 $2,353 $116,484 $23,297 $93,187
2014 $2,296 $118,932 $23,786 $95,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5944284

Stellar MLS

APN: 25-2229-6677-03-080