NOT LISTED FOR SALE

532 W Rosewood Ln Unit 532 Tavares, FL 32778

Estimated Value: $133,000 - $167,666

3 Beds
2 Baths
1,140 Sq Ft
$125/mo HOA Fee

Last Sold May 31, 2021

Last sale price $104,000 $91 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,052/month

10 Days on Market

Highlights

  • 9,999,999,999 Acre Lot
  • Sun or Florida Room
  • Laundry Room
  • Open Floorplan
  • End Unit
  • Ceramic Tile Flooring

About This Home

As of May 2021

Instant Cash Cow. Large 3 bedroom, 2 bathroom in the community of Rosewood in Tavares. Large new ceramic tile throughout. Well maintained. Current tenant been in place for 3 years and just signed another lease. Rent is $975 per month. Excellent tenant who has been there 3 years. Conveniently located close to local convenience stores, restaurants, and beautiful Lake Dora. The Seaplane Capital of America, the town boasts numerous social and entertainment activities near our famous Wooten Park. Conveniently located near Waterman/Advent Hospital, schools, and mall, this property is located within minutes to the county government facilities. This condo features a combination living/dining room with a screened-in rear porch and extra storage. This home is perfect for an investor looking for good cash flow. The COA replaced the roof 3 years ago and the property is currently being repainted. SELLER IS FLORIDA LICENSED REAL ESTATE BROKER.

Last Agent to Sell the Property

Elizabeth Downes

HEIRLOOM REALTY INTERNATIONAL License #3238375 Listed on: 04/19/2021

Last Buyer's Agent

Lenora Oxendine

CHARLES RUTENBERG REALTY ORLANDO License #636788

CHARLES RUTENBERG REALTY ORLANDO

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • West Facing Home
  • Wood Fence
  • Land Lease expires 5/15/21

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Ceramic Tile Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Exterior Lighting

Schools

  • Tavares Elementary School
  • Tavares Middle School
  • Tavares High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, trash
  • Efficient Management Inc. Association, Phone Number (352) 438-7158
  • Tavares Rosewood Condo Subdivision
  • Rental Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,036

Year Built

Built in 1986

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Other, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1140
  • Lot Size Acres: 9999999999
  • New Construction: No
  • Year Built: 1986
  • Lot Size Sq Ft: 9999999
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5040862?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5040862?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 0.94545
  • Price per Sq Ft: 91.23
  • Close to Original List Price Ratio: 0.94545
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan
  • Appliances Included: Dishwasher, Dryer, Microwave, Other, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Room Count: 7
  • Additional Rooms: Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association Name: Efficient Management Inc.
  • Phone: 352-438-7158
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 125
  • Condo Fees Term: Monthly
  • Association Email: efficientmanagementinc@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 125
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1500
  • Total Monthly Fees: 125

Schools

  • Elementary School: Tavares Elem
  • High School: Tavares High
  • Middle Or Junior School: Tavares Middle

Lot Info

  • Zoning: RMF-2
  • Parcel Number: 31-19-26-0350-000-04000
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: x
  • Land Lease Expiration Date: 2021-05-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Approval Process: Buyer to confirm with HOA
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 950
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Please verify all information with property management company.

Tax Info

  • Tax Annual Amount: 1035.65
  • Tax Block: 000
  • Tax Book Number: 2-4
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 21, 2021
Sold by
Heirloom Real Estate Llc
Bought by
Joseph Savita S
Seller's Agent
Elizabeth Downes
HEIRLOOM REALTY INTERNATIONAL
Buyer's Agent
Lenora Oxendine
CHARLES RUTENBERG REALTY ORLANDO
List Price
$110,000
Sold Price
$104,000
Premium/Discount to List
-$6,000
-5.45%
Current Estimated Value
$149,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,167
Avg. Annual Appreciation
8.52%

Purchase Details

Listed on
Aug 29, 2017
Closed on
Aug 31, 2017
Sold by
Clemans James F and Clemans Mary Jo
Bought by
Heirlomm Real Estate Llc
Seller's Agent
Jennifer Garrison
GARRISON REALTY GROUP LLC
Buyer's Agent
Jennifer Garrison
GARRISON REALTY GROUP LLC
Sold Price
$895

Purchase Details

Closed on
Apr 1, 2005
Sold by
Eldridge Robin
Bought by
Clemans James F and Clemans Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2003
Sold by
Windham Rodrick A and Windham Jill E
Bought by
Eldridge Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.95%

Purchase Details

Closed on
Nov 25, 1997
Sold by
Jackson Elizabeth A
Bought by
Windham Rodrick A and Windham Jill E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,850
Interest Rate
7.35%
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
Joseph Savita S $104,000 Professional Ttl Agcy A Div
Heirlomm Real Estate Llc $52,500 North American Title Company
Clemans James F $72,900 Apple Title Ltd
Eldridge Robin L $48,000 --
Windham Rodrick A $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clemans James F $65,600
Previous Owner Eldridge Robin L $48,000
Previous Owner Windham Rodrick A $36,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2021 05/31/21 Sold $104,000 -5.5% $91 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $110,000 0.0% $96 / Sq Ft
01/21/2018 01/21/18 Off Market $895 -- --
10/23/2017 10/23/17 Rented $895 0.0% --
10/09/2017 10/09/17 Under Contract -- -- --
08/29/2017 08/29/17 For Rent $895 -- --
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 $1,746 $98,556 $12,500 $86,056
2024 $1,746 $98,556 $12,500 $86,056
2023 $1,746 $93,153 $12,500 $80,653
2022 $1,614 $81,714 $6,000 $75,714
2021 $1,113 $62,930 $0 $0
2020 $1,036 $52,086 $0 $0
2019 $992 $52,086 $0 $0
2018 $846 $39,887 $0 $0
2017 $694 $32,747 $0 $0
2016 $656 $30,336 $0 $0
2015 $646 $29,778 $0 $0
2014 $617 $29,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5040862

Stellar MLS

APN: 31-19-26-0350-000-04000