NOT LISTED FOR SALE

538 Hibiscus Way Unit 8-B Orlando, FL 32807

Estimated Value: $258,000 - $306,000

3 Beds
2 Baths
1,113 Sq Ft
$23/mo HOA Fee

Last Sold March 03, 2023

Last sale price $275,900 $248 Per Sq Ft

Current estimated payment $1,805/month

12 Days on Market

Highlights

  • Oak Trees
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • Property is near public transit
  • Patio
  • Central Heating and Cooling System

About This Home

As of March 2023

PRICE REDUCTION! Welcome to Hibiscus Woods! This was one of the first zero-lot line communities built in Orlando (1978). The 32 homes are nestled on a quiet cul-de-sac in a central location. It is recorded as a condominium but all houses are detached individual homes. It's just 10 min. to downtown, 15 min. to Orl Intl Airport and 15 min. to UCF! It's got quick access to SR 436, SR 50 & SR 408. The 3 bedroom/2 bath home lives bigger than its 1113 sq ft due to an efficient floor plan. This house is MOVE IN READY!! The kitchen has all new appliances plus the cabinets/counters have been updated. A fresh coat of paint has been added both inside and out with neutral colors. The primary bedroom has double closets and its own bathroom. The other two bedrooms share a bathroom that has been updated. There's a single car garage to store your stuff plus handle the laundry. Sliding glass doors lead you to the side yard where a small patio awaits for those evening BBQs. A second patio is set in the back yard under a large oak tree - perfect for a fire ring. Ceiling fans and window blinds have been added. The roof is only 3 yrs old, A/C is 6+ yrs old, water heater is 1+ yr old.

Last Agent to Sell the Property

Rich Lemon

CHARLES RUTENBERG REALTY ORLANDO License #3096143 Listed on: 01/20/2023

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

Magdiel Tirados Rios

ONE TEAM REALTY License #3364363

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1978

Lot Details

  • East Facing Home
  • Wood Fence
  • Irrigation
  • Oak Trees
  • Condo Land Included

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Patio Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,113 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Laundry in Garage

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Signature Management Solutions Association, Phone Number (407) 379-1455
  • Visit Association Website
  • Hibiscus Woods Condo Subdivision
  • The community has rules related to deed restrictions, fencing
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,608

Year Built

Built in 1978

Lot Details

0

HOA Fees

$23 per month

Parking

1

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Patio
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1113
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1567
  • Lot Size Sq Ft: 5045
  • Directions to Property: From SR 50 (E Colonial)/SR 436 (Semoran), drive south .5 mile. Turn left on Hibiscus Rd. Turn left on Hibiscus Way. Follow road with right turn, then left turn. House is on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6080767?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6080767?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 407-622-2122
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 247.89
  • Close to Original List Price Ratio: 0.98571
  • Ratio: Current Price\Building Area Total: 176.07
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • 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, Thermostat, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 538
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0270F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Fence Restrictions
  • Association Fee Frequency: Annually
  • Association Name: Signature Management Solutions
  • Phone: 407-379-1455
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 270
  • Condo Fees Term: Annual
  • Association Website: www.sigmgmt.com
  • Association Email: support@signature.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 22
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 270
  • Total Monthly Fees: 22.5

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: 27-22-30-3542-02-080
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: City Lot, Level, Near Public Transit
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 999
  • Minimum Lease: 7 Months
  • Approval Process: Written approval by association's board of directors after completing background check on buyers must be made before sale of house is completed.
  • Pet Restrictions: Consult condo association for additional information.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Reference condo documentation

Tax Info

  • Tax Annual Amount: 2608
  • Tax Block: E
  • Tax Book Number: 3-149
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 3, 2023
Sold by
Lemon Richard L and Lemon Karen Y
Bought by
Martinez Maria Mareli Alvar and Aguirre Ricardo Gonzalez
Seller's Agent
Rich Lemon
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Magdiel Tirados Rios
ONE TEAM REALTY
List Price
$279,900
Sold Price
$275,900
Premium/Discount to List
-$4,000
-1.43%
Views
88
Current Estimated Value
$277,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,173
Avg. Annual Appreciation
0.98%
Original Mortgage
$270,902
Outstanding Balance
$263,932
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$18,792
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
Martinez Maria Mareli Alvar $275,900 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Maria Mareli Alvar $270,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $275,900 0.0% $248 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $275,900 -1.4% $248 / Sq Ft
01/20/2023 01/20/23 For Sale $279,900 -- $251 / 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 $3,301 $210,510 $50,000 $160,510
2024 $2,804 $210,510 $50,000 $160,510
2023 $2,804 $166,630 $35,000 $131,630
2022 $2,608 $157,349 $35,000 $122,349
2021 $2,392 $138,116 $35,000 $103,116
2020 $2,209 $139,797 $35,000 $104,797
2019 $2,230 $140,119 $35,000 $105,119
2018 $1,861 $99,414 $20,000 $79,414
2017 $1,778 $98,018 $20,000 $78,018
2016 $1,605 $81,958 $15,000 $66,958
2015 $1,478 $71,494 $15,000 $56,494
2014 $1,338 $60,789 $15,000 $45,789
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rich Lemon

    CHARLES RUTENBERG REALTY ORLANDO

    1 in this area

    4 Total Sales

    Rich Lemon
    Section Image

  • M

    Buyer's Agent in 2023

    Magdiel Tirados Rios

    ONE TEAM REALTY

    (407) 530-5006

    1 in this area

    21 Total Sales

    Magdiel Tirados Rios
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6080767

Stellar MLS

APN: 27-2230-3542-02-080

Florida Orange County Orlando 32807

538 Hibiscus Way Unit 8-B, Orlando, FL

This home is located at 538 Hibiscus Way Unit 8-B, Orlando, FL 32807 since 20 January 2023 and is currently estimated at $277,073, approximately $248 per square foot. This property was built in 1978. 538 Hibiscus Way Unit 8-B is a home located in Orange County with nearby schools including Azalea Park Elementary School, Roberto Clemente Middle School, and Colonial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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