NOT LISTED FOR SALE

525 Conway Rd Unit 178 Orlando, FL 32807

Dover Neighborhood

Estimated Value: $119,000 - $147,000

1 Bed
1 Bath
576 Sq Ft
$302/mo HOA Fee

Last Sold March 04, 2024

Last sale price $135,000 $234 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,181/month

5 Days on Market

Highlights

  • 12.18 Acre Lot
  • Community Pool
  • Balcony
  • Boone High School Rated A
  • Tennis Courts
  • Central Heating and Cooling System

About This Home

As of March 2024

Explore a prime investment opportunity with this recently renovated 1-bedroom, 1-bathroom condo. This turnkey property is perfectly positioned for investors looking for immediate cash flow in a highly desirable area. Its strategic location offers easy access to the vibrant Milk District, bustling Downtown, and the tranquil Curry Ford area, ensuring high tenant appeal. The close proximity to the 408 allows for effortless commuting to various parts of the city, enhancing its rental potential. The unit itself has been thoughtfully updated with modern finishes, reducing maintenance costs and boosting its attractiveness to a wide range of tenants. Investors will benefit from Orlando's robust rental market driven by its growing population and status as a business and tourist hub. This ensures a steady rental income, coupled with the potential for capital appreciation given the property's location. Ideal for both seasoned and first-time investors, this condo represents a hassle-free investment with the promise of immediate returns and long-term value growth. It's an exceptional opportunity to own a piece of Orlando's thriving real estate market.

Last Agent to Sell the Property

Heather Unger, PA

ACME REAL ESTATE FLORIDA LLC Brokerage Phone: 407-601-4958 License #3093173 Listed on: 01/17/2024

Last Buyer's Agent

Michele Perry

CHARLES RUTENBERG REALTY ORLANDO License #3399672

CHARLES RUTENBERG REALTY ORLANDO

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,393

Year Built

  • Built in 1968

Lot Details

  • 12

HOA Fees

  • $302 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 576 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Laminate Flooring
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • North Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, maintenance structure, ground maintenance, pool
  • Jason Oharek Association
  • Villas Orlando Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,393

Year Built

Built in 1968

Lot Details

0

HOA Fees

$302 per month

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds, Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 576
  • Lot Size Acres: 12.18
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 576
  • Lot Size Sq Ft: 530692
  • Directions to Property: 408 to conway rd, turn left, turn right into development, turn left look for building 8
  • Status: Sold
  • Co List Office Phone: 407-601-4958
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 549430249
  • Minimum Lease: 7 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 234.38
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-601-4958
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 525
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 53.51
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Tennis Courts
  • Association Fee: 301.8
  • Association Fee Frequency: Monthly
  • Association Name: Jason Oharek
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Buyer to verify any and all restrictions
  • Association Fee Requirement: Required
  • Building Name Number: 2
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: villasoforlando@gmail.com
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 3621.60
  • Total Monthly Fees: 301.80
  • Monthly HOA Amount: 301.80

Lot Info

  • Zoning: R-3B/AN
  • Parcel Number: 32-22-30-9000-08-178
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 49303

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: All leases shall be for a minimum period of not less than seven (7) consecutive months and for a maximum period of one (1) year. Leases may be renewed, subiect to Board and/or Screening Committee approval.
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 1393
  • Tax Block: 8
  • Tax Book Number: 5-56
  • Tax Lot: 178

Multi Family

  • Approval Process: All applicants desiring to purchase, lease or occupy a unit are required to pay a non-refundable application processing fee of $75 per adult person. See "Occupancy - Process Rules"in attachment.
  • Currency Monthly Rent Amt: 1240.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Mar 4, 2024
Sold by
Savannah Bay Properties I Llc
Bought by
Newton Abraham Harold
Seller's Agent
Heather Unger, PA
ACME REAL ESTATE FLORIDA LLC
Buyer's Agent
Michele Perry
CHARLES RUTENBERG REALTY ORLANDO
List Price
$135,000
Sold Price
$135,000
Total Days on Market
5
Views
25
Current Estimated Value
$132,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,679
Avg. Annual Appreciation
-1.57%
Original Mortgage
$94,500
Outstanding Balance
$93,393
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$38,928

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jun 1, 2020
Sold by
Slusser Andrew W
Bought by
Savannah Bay Properties 1 Llc
Seller's Agent
Nancy Guadagnino
SPECIALIZED PROPERTY MANAGEMENT
Buyer's Agent
Nancy Guadagnino
SPECIALIZED PROPERTY MANAGEMENT
Sold Price
$1,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%

Purchase Details

Listed on
Jan 30, 2020
Closed on
Apr 24, 2020
Sold by
Bank Of America National Association
Bought by
Slusser Andrew William
Seller's Agent
Kara Money
KARA MONEY LLC
Buyer's Agent
Kara Money
KARA MONEY LLC
List Price
$78,000
Sold Price
$74,100
Premium/Discount to List
-$3,900
-5%

Purchase Details

Closed on
Jan 23, 2020
Sold by
New York Trust Comapny Na
Bought by
Bank Of America

Purchase Details

Closed on
Nov 26, 2019
Sold by
Estate Of Donald W Arthur
Bought by
Bank Of New York Mellon Trust Company Na and Mortgage Assets Management Series I Tr
Source: Public Records

Range of Values:

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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
Newton Abraham Harold $135,000 First International Title
Savannah Bay Properties 1 Llc -- Buyer S Title Inc
Slusser Andrew William $74,100 Title365
Bank Of America -- Attorney
Bank Of New York Mellon Trust Company Na $55,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton Abraham Harold $94,500
Previous Owner Arthur Donald W $150,000
Previous Owner Arthur Donald W $52,000
Previous Owner Arthur Donald W $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $135,000 0.0% $234 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $135,000 0.0% $234 / Sq Ft
06/26/2020 06/26/20 Rented $1,000 0.0% --
06/16/2020 06/16/20 Under Contract -- -- --
06/15/2020 06/15/20 Price Changed $1,000 -4.8% $2 / Sq Ft
06/02/2020 06/02/20 For Rent $1,050 0.0% --
04/30/2020 04/30/20 Sold $74,100 -5.0% $129 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $78,000 -- $135 / 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 $1,672 $100,800 -- $100,800
2024 $1,393 $95,000 -- $95,000
2023 $1,393 $72,000 $14,400 $57,600
2022 $1,261 $62,100 $12,420 $49,680
2021 $1,250 $60,500 $12,100 $48,400
2020 $1,207 $60,500 $12,100 $48,400
2019 $1,008 $51,800 $10,360 $41,440
2018 $881 $39,200 $7,840 $31,360
2017 $136 $27,600 $5,520 $22,080
2016 $136 $24,300 $4,860 $19,440
2015 $136 $24,300 $4,860 $19,440
2014 $136 $24,300 $4,860 $19,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6171045

Stellar MLS

APN: 32-2230-9000-08-178