NOT LISTED FOR SALE

4839 Clarcona Ocoee Rd Orlando, FL 32810

Lockhart Neighborhood

Estimated Value: $246,000 - $620,245

6 Beds
4 Baths
2,208 Sq Ft
$221/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $615,500 $279 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,806/month

19 Days on Market

Highlights

  • 0.45 Acre Lot
  • Park or Greenbelt View
  • Oversized Lot
  • Wood Flooring
  • No HOA
  • Zoned Heating and Cooling System

About This Home

As of February 2024

RARE FIND! Excellent investors deal, will not stay on the market very long. Four Plex apartment building, consist of 2 two bedrooms; 1 bath; and two one bedroom apartment. Includes laundry room for the convenience of the tenants. Apartment living that looks like a residential/ two-story home designed with a breezeway for each tenant to have their own privacy. This multi home has one electrical meter, providing utilities for all tenants, which is included in the monthly rental. This apartment building brings in a monthly positive cash flow of approximately $5800 per month. The home is surrounded with citrus fruit trees, beautiful landscaping, huge paved parking lot with individual parking spaces for each tenant and guests. There is additional land surrounding the property for future use of any kind of projects/ outdoor gardening, playground etc. Brand New Roof, new exterior and interior paint. Very convenient, right off Clarcona Ocoee road, walking distance to DMV, public transportation, shopping, dining, highways etc. Looking for a cash AS IS BUYER, don't miss out on this excellent opportunity, an investors dream come through!

Last Agent to Sell the Property

Donna Johns

FLORIDA STYLE REALTY Brokerage Phone: 941-380-9399 License #3021238 Listed on: 12/09/2023

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1959

Lot Details

  • 0.45 Acre Lot
  • Oversized Lot
  • Irregular Lot

Home Design

  • Quadruplex
  • Fixer Upper
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,208 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Park or Greenbelt Views
  • Crawl Space

Kitchen

  • Range with Range Hood
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Schools

  • Riverside Elementary School
  • Lockhart Middle School
  • Wekiva High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 4 Units
  • Clarcone Ocoee Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,528

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Quadruplex
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 2208
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 1959
  • Lot Size Sq Ft: 19577
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 278.76
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-380-9399
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Crawlspace
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 205.13

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Park/Greenbelt
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0230F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Street Lights
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Zoned
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Riverside Elem
  • High School: Wekiva High
  • Middle Or Junior School: Lockhart Middle

Lot Info

  • Zoning: R-1
  • Parcel Number: 32-21-29-0000-00-235
  • Additional Parcels: No
  • Lot Features: Irregular Lot, Oversized Lot, Paved
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 2528
  • Tax Block: ?
  • Tax Book Number: 4081
  • Tax Lot: 235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2023
Closed on
Jan 19, 2024
Sold by
4839 Clarcona Ocoee Road Land Trust
Bought by
Mlm Network Llc
Seller's Agent
Donna Johns
FLORIDA STYLE REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$675,000
Sold Price
$615,500
Premium/Discount to List
-$59,500
-8.81%
Views
143
Current Estimated Value
$488,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,439
Avg. Annual Appreciation
-11.55%
Original Mortgage
$461,250
Outstanding Balance
$452,646
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$35,415

Purchase Details

Closed on
Aug 22, 2006
Sold by
Jaikaran Khemraj and Jaikaran Gowrie
Bought by
Tropical Property Investment Llc and The 4839 Clarcona Ocoee Road Land Trust

Purchase Details

Closed on
Apr 1, 2006
Sold by
Tropical Property Investment Llc
Bought by
Jaikaran Khemraj and Jaikaran Gowrie

Purchase Details

Closed on
Jun 1, 2005
Sold by
Jaikaran Khemraj and Jaikaran Gowrie
Bought by
Tropical Property Investment Llc and 4839 Clarcona Ocoee Rd Land Trust

Purchase Details

Closed on
Jun 20, 2003
Sold by
Walker & Tudhope Pa
Bought by
Jaikaran Khemraj and Jaikaran Gowrie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 12, 2003
Sold by
Jaikran Khemraj
Bought by
Walker & Tudhope Pa

Purchase Details

Closed on
Feb 18, 2003
Sold by
Burget Susan K
Bought by
Deutsche Bank Trust Co Americas and Bankers Trust Co

Purchase Details

Closed on
Dec 26, 2002
Sold by
Coc Susan K Burget
Bought by
Deutsche Bk Trust Co Americas

Purchase Details

Closed on
Aug 4, 1999
Sold by
Tanner Samuel
Bought by
Kirk Sharron H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mlm Network Llc $615,500 None Listed On Document
Tropical Property Investment Llc -- Attorney
Jaikaran Khemraj -- Attorney
Tropical Property Investment Llc -- --
Jaikaran Khemraj -- --
Walker & Tudhope Pa -- --
Deutsche Bank Trust Co Americas -- --
Deutsche Bk Trust Co Americas -- --
Kirk Sharron H $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mlm Network Llc $461,250
Previous Owner Kirk Sharron H $72,900
Previous Owner Kirk Sharron H $20,586
Previous Owner Kirk Sharron H $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2024 02/06/24 Sold $615,500 -8.8% $279 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/09/2023 12/09/23 For Sale $675,000 -- $306 / 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 $3,071 $127,300 $30,000 $97,300
2024 $2,789 $118,210 $30,000 $88,210
2023 $2,789 $106,827 $30,000 $76,827
2022 $2,528 $97,281 $30,000 $67,281
2021 $2,364 $86,258 $25,000 $61,258
2020 $2,264 $86,454 $22,500 $63,954
2019 $2,338 $89,149 $22,500 $66,649
2018 $2,287 $89,529 $22,500 $67,029
2017 $2,062 $71,192 $19,000 $52,192
2016 $2,015 $71,663 $19,000 $52,663
2015 $1,999 $69,792 $19,000 $50,792
2014 $2,032 $61,880 $24,000 $37,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4591739

Stellar MLS

APN: 32-2129-0000-00-235