NOT LISTED FOR SALE

400 E Colonial Dr Unit 704 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated Value: $284,507 - $399,000

2 Beds
2 Baths
1,250 Sq Ft
12,197 Sq Ft Lot

Sale Details

Date Sold: March 5, 2020

Last sale price $290,000 $232 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,461 / mo

162 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Contemporary Architecture
  • Gated Community
  • Open Floorplan
  • Sauna

About This Home

As of March 2020

Very special unit on the 7th floor that has been renovated and is beautiful! Great view from the unit and from the wrap around balcony. You can sit on your balcony facing North and have a beautiful view of the lake or move around to the west side and have a magnificent view of the city. Gorgeous kitchen with stone floors, granite counter-tops and very modern cabinets. Washer/dryer in the unit. Garage parking space in gated, secure garage. Park Lake Towers is a beautiful, well maintained building only a few blocks from Lake Eola and Thornton Park. Manager on duty Mon through Fri and security officers on duty 24/7. Very secure building with one of the best security systems/cameras in downtown Orlando. Fantastic salt water pool with plenty of chairs for enjoying the sun. Sauna and steam shower in the Fitness Room on garage level.
Included in the HOA: water, sewer, trash, 24 hr security, Cable, and high speed internet. You only have to pay for electricity.
No Pets. Sq Ft approx.

Last Agent to Sell the Property

Anne Roche

OWENS REALTY NETWORK LLC License #3080047 Listed on: 08/09/2019

Last Buyer's Agent

Becky Osleger

COLDWELL BANKER REALTY License #513619

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,044

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • North Facing Home
  • Mature Landscaping
  • Land Lease expires 7/31/20

HOA Fees

  • $565 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Combination Dining and Living Room
  • Brick Flooring
  • Lake Views
  • Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Wrap Around Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, electricity, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, security, sewer, trash, water
  • Chris Burtoch/Manager Association, Phone Number (407) 425-4277
  • High-Rise Community
  • Park Lake Towers Subdivision
  • 17-Story Property

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,044

Year Built

Built in 1975

Lot Details

0.28 Acres

HOA Fees

$565 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Electricity, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1250
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1975
  • Lot Size Sq Ft: 12028
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5803662?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5803662?w=Customer
  • Floor Number: 7
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit, High Rise
  • Ratio: Close Price\List Price: 0.93579
  • Price per Sq Ft: 232
  • Close to Original List Price Ratio: 0.93579
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick/Stone
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Basement
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 17
  • Room Count: 5
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Park Lake
  • Waterfront: No
  • Patio and Porch Features: Covered, 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: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights
  • 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, Gated Community, Pool, Sidewalk
  • Association Amenities: Elevator(s), Fitness Center, Gated, Laundry, Pool, Sauna, Security
  • Association Fee Frequency: Monthly
  • Association Name: Chris Burtoch/Manager
  • Phone: 407.425.4277
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 565
  • Condo Fees Term: Monthly
  • Association Email: parklaketowers@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 565
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

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

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-6677-07-040
  • Additional Parcels: No
  • Lot Features: City Lot
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Land Lease Expiration Date: 2020-07-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1-2 Years
  • Approval Process: app is $40pp and must have credit score of 625 or above and good background - no felonies.
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 1600
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 3044
  • Tax Block: 7
  • Tax Book Number: 3-92
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Mar 3, 2020
Sold by
Elci Orange Llc
Bought by
Murray Melissa
Seller's Agent
Anne Roche
OWENS REALTY NETWORK LLC
Buyer's Agent
Becky Osleger
COLDWELL BANKER REALTY
List Price
$309,900
Sold Price
$290,000
Premium/Discount to List
-$19,900
-6.42%
Current Estimated Value
$325,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,785
Avg. Annual Appreciation
2.13%
Original Mortgage
$180,000
Outstanding Balance
$159,717
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$170,160

Purchase Details

Closed on
Oct 1, 2015
Sold by
Langley Randall B
Bought by
Elci Orange Llc

Purchase Details

Closed on
Jul 28, 2004
Sold by
Langley Richard H
Bought by
Langley Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1997
Sold by
Craw Juanita E and Burns Ann D
Bought by
Langley Richard H and Langley Randall B

Purchase Details

Closed on
Dec 6, 1996
Sold by
Craw Juanita E and Burns Ann D
Bought by
Langley Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.83%
Mortgage Type
New Conventional
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
Murray Melissa $290,000 Concierge Title Services Llc
Elci Orange Llc -- None Available
Langley Randall L -- South Lake Title Services In
Langley Richard H $100 --
Langley Richard H $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Melissa $180,000
Previous Owner Langley Randall L $224,000
Previous Owner Langley Richard H $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2020 03/05/20 Sold $290,000 -6.4% $232 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
08/06/2019 08/06/19 For Sale $309,900 -- $248 / 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 $1,707 $137,415 -- --
2024 $1,559 $133,542 -- --
2023 $1,559 $125,998 $0 $0
2022 $1,498 $122,328 $0 $0
2021 $1,460 $118,765 $0 $0
2020 $3,444 $195,358 $39,072 $156,286
2019 $3,347 $182,744 $36,549 $146,195
2018 $3,044 $161,332 $32,266 $129,066
2017 $2,803 $147,446 $29,489 $117,957
2016 $2,565 $129,850 $25,970 $103,880
2015 $2,503 $129,850 $25,970 $103,880
2014 $2,541 $145,326 $29,065 $116,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5803662

Stellar MLS

APN: 25-2229-6677-07-040

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