NOT LISTED FOR SALE

400 E Colonial Dr Unit 604 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $291,159 - $342,000

2 Beds
2 Baths
1,189 Sq Ft
$635/mo HOA Fee

Last Sold January 13, 2023

Last sale price $315,000 $265 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,666/month

15 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Property is near public transit
  • Gunite Pool
  • Open Floorplan
  • Corner Lot

About This Home

As of January 2023

Price improvement! This desirable open floor plan provides a beautifully maintained living space that is flooded with light and exceeds expectations with a good-sized living room, flow-through living/dining area, and dual-pane windows. This cozy, beautifully maintained kitchen includes upgraded appliances, upgraded countertops, a large island, recessed lighting, and an over-the-range microwave. Natural lighting creates the perfect ambiance in the well-proportioned main bedroom that benefits from an ensuite bathroom, walk-in closet, and city views. Imagine yourself washing away the day in the totally renovated main bathroom. It features a shower-tub combo and tiled flooring. An assigned parking space is available. Included in monthly maintenance: water, sewer, trash removal, CABLE, high-speed internet, 24 hr security, pest control, Fitness Center, Rec Room, and oversized pool with salt water. Plenty of pool chairs and tables for your enjoyment. Leave your car keys at home and easily walk to Downtown, Lake Eola, or Thornton Park, walking and biking trails, restaurants, cafes, bars, a farmers market, and grocery stores. Easy travel throughout the city thanks to I-4, and 408. Bus stop right in front. A rare opportunity. Want to know more? Call today.

Last Agent to Sell the Property

Angel Castro-Torres

LPT REALTY, LLC License #3302568 Listed on: 11/29/2022

LPT REALTY, LLC

Last Buyer's Agent

Joe Asaad

RADIUS REALTY GROUP LLC License #3229683

RADIUS REALTY GROUP LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1975

Lot Details

  • North Facing Home
  • Street paved with bricks

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

  • Lake
  • City
  • Woods

Home Design

  • Entry on the 6th floor
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 1,189 Sq Ft Home
  • Open Floorplan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Sliding Doors
  • Combination Dining and Living Room
  • Basement
  • Exterior Basement Entry

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Home Security

Outdoor Features

  • Gunite Pool
  • Balcony

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, internet, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Susan Association, Phone Number (407) 425-4277
  • Visit Association Website
  • Park Lake Towers Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 17-Story Property

Amenities

  • Elevator
  • Community Mailbox

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,040

Year Built

Built in 1975

Lot Details

0

HOA Fees

$635 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • 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
  • Directions to Property: Driving Eastbound on Colonial Dr, the building is on the corner of Colonial Av and Broadway Ave. Visitors' parking is on Hillcrest St.
  • Status: Sold
  • Street Direction: E
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow Postal Code: 32803
  • Escrow State: FL
  • Escrow Street Name: Pasadena Place
  • Escrow Street Number: 212
  • Floor Number: 6
  • List Office Head Office Key Nume: 524162049
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 264.93
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Corner Unit,High Rise
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Basement
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 17
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Impact Glass/Storm Windows, Insulated Windows
  • Street Number Modifier: 400
  • Has Basement: Exterior Entry
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 110.46
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Concrete
  • Home Warranty: No
  • Pool Private: No
  • View: City, Trees/Woods, Water
  • Waterfront: No
  • Road Surface Type: Asphalt, Brick
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Under Building

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Pool
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool
  • Association Fee: 635
  • Association Fee Frequency: Monthly
  • Association Name: Susan
  • Phone: 407-425-4277
  • Association: Yes
  • Security: Key Card Entry, Secured Garage / Parking
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: PARK LAKE TOWERS
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: parklaketowers@gmail.com
  • Association URL: http://pltowers.com/parklake/outside_home.asp

Fee Information

  • Total Annual Fees: 7620.00
  • Total Monthly Fees: 635.00
  • Monthly HOA Amount: 635.00

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-6677-06-040
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Limits, Near Public Transit, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1117

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please, contact the manager for more info on lease restrictions.

Tax Info

  • Tax Annual Amount: 2039.58
  • Tax Block: 6
  • Tax Book Number: 3-92
  • Tax Lot: 40

Multi Family

  • Approval Process: Please, contact the manager for more info on the buyer's approval process.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Asaad Faried Joe
Bought by
Chiarelli Andre and Fernandes Bruno
Current Estimated Value
$311,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Outstanding Balance
$220,264
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$81,482

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jan 13, 2023
Sold by
Sanchez Francisco Jose Valls and Angel Alf
Bought by
Asaad Faried Joe
Seller's Agent
Angel Castro-Torres
LPT REALTY, LLC
Buyer's Agent
Joe Asaad
RADIUS REALTY GROUP LLC
List Price
$340,000
Sold Price
$315,000
Premium/Discount to List
-$25,000
-7.35%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.59%
Original Mortgage
$236,250
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2017
Sold by
Imbesi Denise
Bought by
Sanchez Francisco Jose Vallas and Torres Angel Alfonso Castro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 1998
Sold by
Healey Douglas R and Healey Linda P
Bought by
Imbesi Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.07%
Mortgage Type
New Conventional
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
Chiarelli Andre $295,000 None Listed On Document
Asaad Faried Joe $315,000 Saint Lawrence Title
Sanchez Francisco Jose Vallas $215,000 Saint Lawrence Title Inc
Imbesi Denise $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiarelli Andre $221,250
Previous Owner Asaad Faried Joe $236,250
Previous Owner Sanchez Francisco Jose Valls $30,000
Previous Owner Sanchez Francisco Jose Valls $189,000
Previous Owner Sanchez Francisco Jose Vallas $204,250
Previous Owner Imbesi Denise $146,200
Previous Owner Imbesi Denise $50,000
Previous Owner Imbesi Denise $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $315,000 -4.5% $265 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/09/2022 12/09/22 Price Changed $330,000 -1.5% $278 / Sq Ft
12/08/2022 12/08/22 Price Changed $335,000 -1.5% $282 / Sq Ft
11/29/2022 11/29/22 For Sale $340,000 -- $286 / 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 $4,442 $267,845 -- --
2024 $2,161 $243,500 -- $243,500
2023 $2,161 $159,367 $0 $0
2022 $2,085 $154,725 $0 $0
2021 $2,040 $150,218 $0 $0
2020 $1,936 $148,144 $0 $0
2019 $1,987 $144,813 $0 $0
2018 $1,960 $142,113 $0 $0
2017 $2,325 $146,055 $29,211 $116,844
2016 $2,541 $128,625 $25,725 $102,900
2015 $1,088 $128,625 $25,725 $102,900
2014 $1,091 $143,955 $28,791 $115,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6075114

Stellar MLS

APN: 25-2229-6677-06-040