$100,000
SOLD JUL 6, 2020

4038 Versailles Dr Unit 4038 Orlando, FL 32808

Rosemont Neighborhood
3 Beds
2 Baths
1,348 Sq Ft
$332/mo HOA Fee

Recently Sold

$74 Per Sq Ft

Highlights

  • Fitness Center
  • Community Pool
  • Balcony
  • Gated Community
  • Tennis Courts
  • Park

About This Home

As of January 2025

TURNKEY INVESTMENT OPPORTUNITY!!! Don't miss this spacious 3/2 condo located right next to Lake Orlando in the Cypress Pointe Condominium Community. The unit is rented for $1125.00 and the lease doesn't end until 11/11/20. The gated community is located just minutes away from Downtown, Winter Park, and Altomonte Springs. Because of the great location and large square footage of these units, this community has high rental demand. TURNKEY INVESTMENT OPPORTUNITY!!!

Last Agent to Sell the Property

George Bateman

RP INVESTMENT REALTY LLC License #3305936 Listed on: 05/29/2020

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1982

Lot Details

  • West Facing Home
  • Land Lease expires 11/11/20

HOA Fees

  • $332 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,348 Sq Ft Home
  • 1-Story Property
  • Sliding Doors

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, security, sewer, trash, water
  • Jennifer Persaud Association, Phone Number (407) 293-3327
  • Cypress Pointe/Lk Orlando Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pets up to 50 lbs
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,169

Year Built

Built in 1982

Lot Details

0

HOA Fees

$332 per month

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1348
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1348
  • Lot Size Sq Ft: 6868
  • Directions to Property: Driving Directions: North on Orange Blossom Trail, left on Rosemont Drive, right at N Lake Orlando PKWY, left at Dijon Dr. and right on Versailles Dr.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5866128?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5866128?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 74.18
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 74.18
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Thermostat
  • Appliances Included: Dishwasher, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 4038
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0235F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Park, Playground, Pool, Tennis Courts
  • Association Fee: 332
  • Association Fee Frequency: Monthly
  • Association Name: JENNIFER PERSAUD
  • Phone: 407.293.3327
  • Association: Yes
  • Senior Community: No
  • Association Email: assistantmanager@cypresspointe.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3984
  • Monthly HOA Fee: 332
  • Total Monthly Fees: 332

Lot Info

  • Zoning: R-3B/W
  • Parcel Number: 05-22-29-1876-04-038
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Flood Zone Date: 2009-09-25
  • Land Lease Expiration Date: 2020-11-11
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Number Limit
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 50
  • Minimum Lease: 8-12 Months
  • Approval Process: HOA APPLICATION
  • Pet Restrictions: NO AGGRESSIVE BREEDS
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 1125
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: 12 MONTH LEASE

Tax Info

  • Tax Annual Amount: 1169
  • Tax Block: 4
  • Tax Book Number: 8825-505
  • Tax Lot: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2024
Closed on
Jan 17, 2025
Sold by
Caembden Enterprise Llc
Bought by
E M P General Services Inc
Seller's Agent
Shakyra Cortes Mendez
LA ROSA REALTY CW PROPERTIES L
Buyer's Agent
Marielle Parra
COMPASS FLORIDA LLC
List Price
$125,000
Sold Price
$126,500
Premium/Discount to List
$1,500
1.2%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.99%

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 30, 2020
Sold by
Krom Properties Llc
Bought by
Caembden Enterprise Llc
Seller's Agent
George Bateman
RP INVESTMENT REALTY LLC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$450,100
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2010
Sold by
Tribute Residential Llc
Bought by
Krom Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,090,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $126,500 Nona Title
Warranty Deed $643,000 Attorney
Special Warranty Deed $2,090,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $102,000 Construction
Previous Owner $300,000 Construction
Previous Owner $578,292 Construction
Previous Owner $450,100 Commercial
Previous Owner $2,090,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $1,600 0.0% $1 / Sq Ft
05/30/2025 05/30/25 For Sale $172,500 0.0% $128 / Sq Ft
05/30/2025 05/30/25 For Rent $1,700 0.0% --
04/29/2025 04/29/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $172,500 +36.4% $128 / Sq Ft
01/17/2025 01/17/25 Sold $126,500 +1.2% $94 / Sq Ft
01/04/2025 01/04/25 Pending -- -- --
12/30/2024 12/30/24 For Sale $125,000 0.0% $93 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/07/2024 12/07/24 For Sale $125,000 +25.0% $93 / Sq Ft
07/06/2020 07/06/20 Sold $100,000 0.0% $74 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $100,000 -- $74 / 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 $2,081 $107,678 -- --
2024 $1,824 $107,678 -- --
2023 $1,824 $114,600 $22,920 $91,680
2022 $1,518 $80,900 $16,180 $64,720
2021 $1,542 $80,900 $16,180 $64,720
2020 $1,252 $75,700 $15,140 $60,560
2019 $1,169 $63,400 $12,680 $50,720
2018 $1,082 $58,000 $11,600 $46,400
2017 $997 $52,600 $10,520 $42,080
2016 $889 $42,800 $8,560 $34,240
2015 $907 $47,200 $9,440 $37,760
2014 $877 $47,200 $9,440 $37,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5866128

Stellar MLS

APN: 05-2229-1876-04-038