NOT LISTED FOR SALE

400 E Colonial Dr Unit 507 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $309,454 - $376,000

2 Beds
2 Baths
1,189 Sq Ft
12,197 Sq Ft Lot

Sale Details

Date Sold: July 31, 2020

Last sale price $270,000 $227 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,647 / mo

102 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • End Unit
  • Lake View
  • Sauna
  • Community Pool

About This Home

As of July 2020

Make your appointment today to view this completely remodeled MOVE IN READY 2 bedroom/2 bathroom condominium in Park Lake Towers. ONLY a HALF A MILE to Lake Highland Preparatory School. This 5th floor corner unit features WRAP AROUND BALCONY with LAKE VIEWS! You will enjoy a spectacular kitchen with new cabinets, quartz countertops and stainless steel refrigerator, range, microwave and dishwasher. New flooring, bathroom cabinets and fixtures, ceiling fans, doors, closet organizers, washer/dryer combination in the 2nd bedroom are among some of the many updates. AC has a UV Light and ozone circulation system. Unit includes 1 assigned parking space in a covered and secured parking garage. As an owner at Park Lake Towers you will enjoy 24 hour security, fitness center, Olympic sized community pool, sauna, and steam room. Monthly condo fee covers cable, high speed internet, water, sewer and trash removal. Recent building improvements include full building exterior paint & caulking, along with the main lobby being renovated. Conveniently located a short distance to Downtown Orlando where you will find ample restaurants, shopping, Orlando City Soccer Stadium, Amway Center, Dr. Phillips Center for the Performing Arts, access to I-4 and much more.

Last Agent to Sell the Property

Vanessa Franz Barnes

KELLER WILLIAMS REALTY AT THE LAKES License #3034057 Listed on: 03/12/2020

KELLER WILLIAMS REALTY AT THE LAKES

Last Buyer's Agent

Manuel Pages

License #3321917

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,165

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • North Facing Home
  • Condo Land Included

HOA Fees

  • $565 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,189 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Tile Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Secured Garage or Parking
  • Guest Parking

Outdoor Features

  • Balcony
  • Wrap Around Porch

Schools

  • Hillcrest Elementary School
  • Howard Middle School
  • Edgewater High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, internet, maintenance structure, sewer, trash, water
  • Chris Bertoch Association, Phone Number (407) 425-4277
  • High-Rise Community
  • Park Lake Towers Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 17-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,165

Year Built

Built in 1975

Lot Details

0.28 Acres

HOA Fees

$565 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Internet, Maintenance Structure, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • 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
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5031609?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5031609?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Property Description: Corner Unit, High Rise
  • Ratio: Close Price\List Price: 0.93103
  • Price per Sq Ft: 227.08
  • Close to Original List Price Ratio: 0.93103
  • Ratio: Current Price\Building Area Total: 227.08
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 17
  • Room Count: 4
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Porch, Wrap Around
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0265F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, Underground
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Pool
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Pool, Sauna
  • Association Fee: 565
  • Association Fee Frequency: Monthly
  • Association Name: Chris Bertoch
  • Phone: 407-425-4277
  • Association: Yes
  • Security: Fire Sprinkler System, Key Card Entry, Secured Garage/Parking
  • Senior Community: No
  • Association Email: parklaketowers@gmail.com
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6780
  • Monthly HOA Fee: 565
  • Total Monthly Fees: 565

Schools

  • Elementary School: Hillcrest Elem
  • High School: Edgewater High
  • Middle Or Junior School: Howard Middle

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-6677-05-070
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 1-2 Years
  • Approval Process: Please verify with association
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please verify with association

Tax Info

  • Tax Annual Amount: 4165.08
  • Tax Block: 5
  • Tax Book Number: 3-92
  • Tax Lot: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jul 30, 2020
Sold by
Trecenti Wiverson C and Trecenti Clarissa Castiglione
Bought by
Pages Mario A and Pages Maria E
Seller's Agent
Vanessa Franz Barnes
KELLER WILLIAMS REALTY AT THE LAKES
Buyer's Agent
Manuel Pages
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%
Current Estimated Value
$330,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,447
Avg. Annual Appreciation
4.17%
Original Mortgage
$90,000
Outstanding Balance
$79,836
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$261,028

Purchase Details

Listed on
Aug 13, 2018
Closed on
Oct 1, 2018
Sold by
Ferris Mark A and Ferris Mindy S
Bought by
Trecenti Wiverson C and Trecenti Clarissa Castiglione
Seller's Agent
Richard Palmano
PALMANO GROUP RE BROKERAGE LLC
Buyer's Agent
Pablo Farias
WRA BUSINESS & REAL ESTATE
List Price
$450,000
Sold Price
$395,000
Premium/Discount to List
-$55,000
-12.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.77%

Purchase Details

Closed on
Aug 10, 2007
Sold by
Francis Ellie Virginia
Bought by
Francis Ellie Virginia
Source: Public Records
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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
Pages Mario A $270,000 Celebration Title Group
Trecenti Wiverson C $395,000 Fidelity National Title Of F
Francis Ellie Virginia -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pages Mario A $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $270,000 -6.9% $227 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $290,000 -26.6% $244 / Sq Ft
10/01/2018 10/01/18 Sold $395,000 -1.0% $332 / Sq Ft View Prior Sale
09/22/2018 09/22/18 Pending -- -- --
09/12/2018 09/12/18 Price Changed $399,000 -6.1% $336 / Sq Ft
08/28/2018 08/28/18 Price Changed $425,000 -5.6% $357 / Sq Ft
08/13/2018 08/13/18 For Sale $450,000 -- $378 / 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 $3,961 $265,134 -- --
2024 $3,682 $258,164 -- --
2023 $3,682 $243,581 $0 $0
2022 $3,566 $236,486 $0 $0
2021 $3,501 $229,598 $0 $0
2020 $4,327 $241,672 $48,334 $193,338
2019 $4,339 $229,296 $45,859 $183,437
2018 $3,035 $158,288 $31,658 $126,630
2017 $2,750 $144,664 $28,933 $115,731
2016 $2,517 $127,400 $25,480 $101,920
2015 $2,457 $127,400 $25,480 $101,920
2014 $2,494 $142,584 $28,517 $114,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5031609

Stellar MLS

APN: 25-2229-6677-05-070

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