$1,600,000
SOLD FEB 12, 2020

4011 Oakrise Loop Davenport, FL 33837

14 Beds
14.5 Baths
6,850 Sq Ft
9,518 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

6% Below List Price

2 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Main Floor Primary Bedroom
  • New Construction
  • Gated Community
  • High Ceiling

About This Home

As of February 2020

GREAT REAL ESTATE AND BUSINESS OPPORTUNITY to acquire a portfolio of (2) two TOP PERFORMING VACATION INVESTMENT properties in Orlando area. AMERICA THE BEAUTIFUL (this listing ) & MUSIC CITY (MLS O5838239). All FUTURE BOOKINGS convey with the property, many of them are direct owner bookings. Excellent management team in place to assist the new owner if needed.One year free management with only $500/month management flat fee! Property features a two-lane BOWLING ALLY, awesome HALO FIRETEAM RAVEN ARCADE GAME, 14 themed bedrooms and bathrooms, 3 large projection screens, pool table, air hockey, arcade game systems, XBOX ONE, PS4, COMMERCIAL QUALITY FURNITURE and most importantly existing bookings which outperform all other similar properties. Property is designed to compete with top vacation rental properties in the Central Florida market, and its doing exactly so. Please acquire about the business and financials (Current property is under interior design and have reserved bookings already. Photos and numbers are from a different property that is designed by the same interior design team with annual gross bookings $260,000+)

Last Agent to Sell the Property

Grace Ren

US RELIANCE SOLUTIONS INC License #3250994 Listed on: 01/21/2020

Last Buyer's Agent

Grace Ren

US RELIANCE SOLUTIONS INC License #3250994 Listed on: 01/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,196

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 9,518 Sq Ft Lot
  • North Facing Home
  • Metered Sprinkler System

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 6,850 Sq Ft Home
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Home Theater
  • Storage Room

Kitchen

  • <<convectionOvenToken>>
  • Range<<rangeHoodToken>>
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Security Gate
  • Medical Alarm
  • Fire and Smoke Detector
  • In Wall Pest System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Solterra Resort HOA, Phone Number (863) 547-9839
  • Oakmont Ph 01 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,196

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$142 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 6850
  • Lot Size Acres: 0.21
  • New Construction: Yes
  • Year Built: 2019
  • Lot Size Sq Ft: 9518
  • Directions to Property: Take I-4 W, Take exit 58 toward Poinciana/Kissimme. Turn left onto Loughman Rd/Polk 54/Ronald Reagan Pkwy. Turn right onto Pine Tree Trail. Solterra Resort is on left. Enter to resort and make the first left. Property will be on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5838241?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5838241?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94118
  • Price per Sq Ft: 233.58
  • Close to Original List Price Ratio: 0.94118
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Other
  • Full Bathrooms: 14
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, High Ceiling(s), In Wall Pest System, Kitchen/Family Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 14
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Drapes, Insulated Windows, Rods, Window Treatments
  • Street Number Modifier: 4011
  • Room Count: 5
  • Additional Rooms: Family Room, Great Room, Media Room, Storage Rooms
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Corridor Access, Inside, Laundry Closet, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 425
  • Association Fee Frequency: Quarterly
  • Association Name: SOLTERRA RESORT HOA
  • Phone: (863) 547-9839
  • Association: Yes
  • Security: Closed Circuit Camera(s), Fire Alarm, Gated Community, Medical Alarm, Security Gate, Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1700
  • Monthly HOA Fee: 141.67
  • Total Monthly Fees: 141.67

Lot Info

  • Parcel Number: 27-26-10-701302-000030
  • Additional Parcels: No
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Verification Count: 1

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 4195.61
  • Tax Book Number: 148-16-30
  • Tax Lot: 3
  • Tax Other Annual Assessment Amount: 3256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Db Nota Llc
Bought by
Db Ventures International Llc
Current Estimated Value
$1,444,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,274,000
Outstanding Balance
$1,170,886
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$283,160

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 11, 2020
Sold by
Hope Rise Properties Llc
Bought by
Db Nota Llc
Seller's Agent
Grace Ren
US RELIANCE SOLUTIONS INC
Buyer's Agent
Grace Ren
US RELIANCE SOLUTIONS INC
List Price
$1,699,999
Sold Price
$1,600,000
Premium/Discount to List
-$99,999
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.75%
Original Mortgage
$1,225,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2019
Closed on
Nov 7, 2019
Sold by
Park Square Enterprises Llc
Bought by
Hope Rise Properties Llc
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Margus Mahar
DYNAMIC REALTY LLC
List Price
$710,540
Sold Price
$710,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1921.49%
Original Mortgage
$500,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 15, 2018
Sold by
Ak Oakmont Llc
Bought by
Park Square Enterprises Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,300,000 None Available
Warranty Deed $1,600,000 Stewart Title Company
Special Warranty Deed $710,540 Psh Title Llc
Special Warranty Deed $570,000 K Title Company Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,274,000 New Conventional
Closed $1,274,000 New Conventional
Previous Owner $1,225,000 New Conventional
Previous Owner $500,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2020 02/12/20 Sold $1,600,000 -5.9% $234 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $1,699,999 +139.3% $248 / Sq Ft
11/07/2019 11/07/19 Sold $710,540 0.0% $104 / Sq Ft
11/07/2019 11/07/19 For Sale $710,540 -- $104 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
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
2023 $15,968 $849,162 $0 $0
2022 $14,602 $771,965 $70,000 $701,965
2021 $13,175 $691,316 $70,000 $621,316
2020 $11,935 $604,444 $65,000 $539,444
2018 $3,656 $30,800 $30,800 $0
2017 $310 $14,641 $0 $0
2016 $307 $13,310 $0 $0
2015 $297 $12,100 $0 $0
2014 $250 $11,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5838241

Stellar MLS

APN: 27-26-10-701302-000020