NOT LISTED FOR SALE

506 Hibiscus Way Orlando, FL 32807

Estimated Value: $219,000 - $337,000

3 Beds
2 Baths
996 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $339,900 $341 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,882/month

97 Days on Market

Highlights

  • Open Floorplan
  • Family Room Off Kitchen
  • Oversized Parking
  • Solid Surface Countertops
  • 1 Car Attached Garage
  • Eat-In Kitchen

About This Home

As of September 2024

Modern Renovation ~ Move-in Ready! You will fall in love with this crisp, modern remodel with the ever popular, trending gray and white color schemes throughout this SINGLE FAMILY home. Special finishes and touches only found in new construction and custom homes, this home features quarts countertops, 42" white cabinetry with crown molding, stainless appliances, upgraded fixtures, and LED lighting throughout the entire home. The owner's primary suite has it's own private en-suite bathroom with marble flooring, walk-in shower with rain-shower head fixture, and beautiful accent marble on the walls. The other two bedrooms have convenient access to the secondary bathroom which features a walk-in shower, rain-showerhead fixture, and marble flooring with accent walls. The one-car garage comes with a garage door opener and epoxy floor finish, and direct access from the garage to the house providing for added security. New plumbing installed in 2024, updated electrical, new windows throughout the entire home installed in 2024, and new roof installed in March 2024 is the icing on the cake. The spacious and extended driveway provides for extra parking, and the fully fenced, shaded back yard features an outdoor patio area, a storage shed, and irrigation system. Truly an exceptional home at an exceptional value for that savvy investor seeking top rental income, or the first time home-buyer looking for that special place to call home with pride!

Last Agent to Sell the Property

Cleve Loveland

LOVELAND PROPERTIES Brokerage Phone: 407-352-8118 License #602469 Listed on: 04/15/2024

Co-Listed By

Nanette Edmonds

JAMIESON PROPERTIES, INC. Brokerage Phone: 407-352-8118 License #507041

Last Buyer's Agent

Elena Cruz

ELENA CRUZ HOMES, LLC License #3272979

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 1977

Lot Details

  • 4,978 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Level Lot
  • Irrigation
  • Property is zoned R-3B/AN

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Oversized Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 996 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Family Room Off Kitchen
  • Laminate Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Private Mailbox

Schools

  • Azalea Park Elementary School
  • Roberto Clemente Middle School
  • Colonial High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include ground maintenance
  • Rachel Smith Association
  • Hibiscus Woods Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,612

Year Built

Built in 1977

Lot Details

0

HOA Fees

$24 per month

Parking

1

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 996
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 1377
  • Lot Size Sq Ft: 4978
  • Directions to Property: FL-436/S Semoran Blvd, Turn right onto Hibiscus Rd, Turn left onto Hibiscus Way, Turn left to stay on Hibiscus Way, Destination will be on the left 506 Hibiscus Way, Orlando, FL 32807
  • Status: Sold
  • Co List Office Mls Id: MFR56921
  • Co List Office Phone: 407-352-8118
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow Postal Code: 328
  • Escrow State: FL
  • Escrow Street Name: Turkey Lake Road Suit 1-10
  • Escrow Street Number: 6900
  • List Office Head Office Key Nume: 1053245
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 341.27
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-352-8118
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters
  • Appliances Included: Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 506
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 92.53
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • Exterior Features: Irrigation System, Private Mailbox, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2009-09-25
  • Flood Zone Panel: 12095C0270F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Oversized

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 72
  • Association Fee Frequency: Quarterly
  • Association Name: Rachel Smith
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Association Email: CustomerService@sigmgmt.com

Fee Information

  • Total Annual Fees: 288.00
  • Total Monthly Fees: 24.00
  • Monthly HOA Amount: 24.00

Schools

  • Elementary School: Azalea Park Elem
  • High School: Colonial High
  • Middle Or Junior School: Roberto Clemente Middle

Lot Info

  • Zoning: R-3B/AN
  • Parcel Number: 27-22-30-3542-01-040
  • Additional Parcels: No
  • Fencing: Fenced, Wood
  • Lot Features: Level
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 462

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with HOA

Tax Info

  • Tax Annual Amount: 2612
  • Tax Block: E
  • Tax Book Number: 3-149
  • Tax Lot: 4

Multi Family

  • Approval Process: Check with HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Sep 3, 2024
Sold by
Flower Condo Llc
Bought by
Arias Javier and Arias Yusilaymy
Seller's Agent
Cleve Loveland
LOVELAND PROPERTIES
Buyer's Agent
Elena Cruz
ELENA CRUZ HOMES, LLC
List Price
$357,900
Sold Price
$339,900
Premium/Discount to List
-$18,000
-5.03%
Views
39
Current Estimated Value
$294,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,726
Avg. Annual Appreciation
-15.87%
Original Mortgage
$16,687
Outstanding Balance
$16,539
Interest Rate
6.73%
Estimated Equity
$269,425

Purchase Details

Closed on
Feb 7, 2024
Sold by
Kelly Roger A
Bought by
Flower Condo Llc

Purchase Details

Closed on
Nov 11, 2003
Sold by
Ray Mack S
Bought by
Kelly Roger A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Arias Javier $339,900 None Listed On Document
Flower Condo Llc $185,000 Equitable Title
Kelly Roger A $85,000 Exceptional Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Javier $16,687
Open Arias Javier $333,743
Previous Owner Kelly Roger A $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $339,900 0.0% $341 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $339,900 -2.3% $341 / Sq Ft
06/27/2024 06/27/24 Price Changed $347,900 -2.8% $349 / Sq Ft
06/11/2024 06/11/24 For Sale $357,900 +5.3% $359 / Sq Ft
06/01/2024 06/01/24 Off Market $339,900 -- --
05/13/2024 05/13/24 Price Changed $357,900 -1.9% $359 / Sq Ft
04/15/2024 04/15/24 For Sale $364,900 -- $366 / 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 $3,094 $195,930 $50,000 $145,930
2024 $2,612 $195,930 $50,000 $145,930
2023 $2,612 $155,357 $35,000 $120,357
2022 $2,427 $146,120 $35,000 $111,120
2021 $2,224 $127,883 $35,000 $92,883
2020 $2,054 $129,422 $35,000 $94,422
2019 $2,085 $131,182 $35,000 $96,182
2018 $1,729 $91,493 $20,000 $71,493
2017 $1,652 $90,256 $20,000 $70,256
2016 $1,496 $75,883 $15,000 $60,883
2015 $1,390 $67,637 $15,000 $52,637
2014 $1,255 $57,015 $15,000 $42,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6196169

Stellar MLS

APN: 27-2230-3542-01-040