NOT LISTED FOR SALE

540 Orange Dr Unit 24 Altamonte Springs, FL 32701

Estimated Value: $171,472 - $196,000

2 Beds
2 Baths
1,252 Sq Ft
$354/ mo HOA Fee

Last Sold September 10, 2022

Last sale price $196,000 $157 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,484/month

26 Days on Market

Highlights

  • Waterfront Community
  • Community Pool
  • Walk-In Closet
  • Lyman High School Rated A-
  • Balcony
  • Central Heating and Cooling System

About This Home

As of September 2022

Want to be in Altamonte Springs near it all? This updated 2 bedroom and 2 bath condo has new carpet, fresh paint, and new fixtures just to start. Enjoy the second-floor advantage, no footsteps to hear, no leak from upstairs, and better lounging on your 2 screened in patios. Walk across parking lot to one of the multiple pools. All appliances are sold with the condo, inside laundry, and plenty of storage space. You will love the master walk in closet and dual sinks. All the way at the end of the community, the building borders Lake Orienta, enjoy walks along the shoreline and relax knowing you are home!

Last Agent to Sell the Property

John Tremblay

THE TEAM REAL ESTATE GROUP INC License #3119142 Listed on: 07/05/2022

Last Buyer's Agent

Elizabeth Rodriguez

CAISSA REALTY INVESTMENT INC License #3461849

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $147

Year Built

  • Built in 1972

Lot Details

  • 436

HOA Fees

  • $354 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,252 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool
  • Royal Arms Condo Association
  • Visit Association Website
  • Royal Arms Condo Subdivision
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$147

Year Built

Built in 1972

Lot Details

436 Sq Ft Lot

HOA Fees

$354 per month

Listing Details

  • HOA Fee Includes: Community Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1252
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1972
  • Lot Size Sq Ft: 1000
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6040341?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6040341?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98492
  • Price per Sq Ft: 156.55
  • Close to Original List Price Ratio: 0.9561
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12117C0165F

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Waterfront
  • Association Fee Frequency: Monthly
  • Association Name: Royal Arms Condo
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 354
  • Condo Fees Term: Monthly
  • Association Website: royalarmscondos.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 354
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 4248
  • Total Monthly Fees: 354

Lot Info

  • Zoning: R-3
  • Parcel Number: 13-21-29-522-5400-0240
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2007-09-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 7 Months
  • Approval Process: see hoa
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: see hoa

Tax Info

  • Tax Annual Amount: 147
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Sep 2, 2022
Sold by
Thomas Murphy Brian and Thomas Adele Kelly
Bought by
Berrios Luz
Seller's Agent
John Tremblay
THE TEAM REAL ESTATE GROUP INC
Buyer's Agent
Elizabeth Rodriguez
CAISSA REALTY INVESTMENT INC
List Price
$205,000
Sold Price
$196,000
Premium/Discount to List
-$9,000
-4.39%
Current Estimated Value
$181,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,132
Avg. Annual Appreciation
-2.10%
Original Mortgage
$146,000
Outstanding Balance
$138,956
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$42,912

Purchase Details

Closed on
Jun 13, 2003
Sold by
Campbell Christine M and Campbell Lance E
Bought by
Murphy Brian Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 1999
Sold by
Hirschberg Susan A and Norman John
Bought by
Grigg Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500
Interest Rate
7.23%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 17, 1995
Sold by
Schneider Richard E and Hopponen Gary D
Bought by
Hirschberg Susan A and Hirschberg Barbara

Purchase Details

Closed on
Dec 1, 1987
Bought by
Murphy Brian T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Berrios Luz $196,000 --
Murphy Brian Thomas $82,000 Watson Title Services Inc
Grigg Christine M $56,000 --
Hirschberg Susan A $43,500 --
Murphy Brian T $54,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berrios Luz $146,000
Previous Owner Murphy Brian Thomas $82,000
Previous Owner Grigg Christine M $2,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2022 09/10/22 Sold $196,000 -1.5% $157 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/25/2022 07/25/22 Price Changed $199,000 -2.9% $159 / Sq Ft
07/05/2022 07/05/22 For Sale $205,000 -- $164 / Sq Ft
Source: Stellar MLS

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 $2,192 $167,830 -- $167,830
2024 $2,870 $167,830 -- $167,830
2023 $2,525 $154,920 $0 $154,920
2021 $147 $33,775 $0 $0
2020 $140 $33,309 $0 $0
2019 $129 $32,560 $0 $0
2018 $120 $31,953 $0 $0
2017 $111 $31,296 $0 $0
2016 $103 $30,867 $0 $0
2015 $94 $30,439 $0 $0
2014 $94 $30,197 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6040341

Stellar MLS

APN: 13-21-29-522-5400-0240

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